Trump, Market and US stocks
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Bets against communication services stocks rose in June compared to the end of May, with Omnicom Group (OMC) being the most shorted stock in the sector and Google-parent Alphabet (GOOG) taking the spot for the least shorted.
Bank stocks fell Tuesday morning, despite strong earning results from some of the nation's largest banks. Shares of JPMorgan Chase and Wells Fargo were down 0.73% and 4.77%, respectively. Bank of New York Mellon's stock fell 1.
The underperformance of small caps and discretionary stocks is not a reason for investors to reduce exposure in U.S. equities, says SentimenTrader.
Buffett and Berkshire Hathaway’s managers may like Amazon for a reason they themselves haven’t even yet fully realized. You probably already know that Warren Buffett's favorite holding period for Berkshire Hathaway's stock picks is "forever.
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Coca-Cola has raised dividends for the last 63 years. Home Depot shareholders can enjoy dividend payouts while waiting for a cyclical upturn. Coca-Cola (NYSE: KO) and Home Depot (NYSE: HD) have a history of not just maintaining payments but raising them annually.
Stocks closed slightly higher on Monday, shrugging off President Donald Trump's announced tariffs over the weekend targeting the European Union and Mexico. Those new levies rekindled tensions with two of the largest U.S. trade partners and threatened to raise consumer prices.
Fastenal (FAST) kicked off Q2 earnings this morning with a solid beat: $2.08B in revenue, $0.29 EPS. It’s a small name, but it opens the floodgates for a week that includes JPMorgan, Wells Fargo, Citigroup, and tech giant Netflix.
Long-suffering biotech investors might be in for a treat as the SPDR S&P Biotech exchange begins to show signs of renewed strength.
With Amazon and Walmart looking to launch their own stablecoins, it seems likely these digital currencies are here to stay.