I’ll give this to the Federal Reserve, it is independent. The Fed turned a deaf ear to a growing chorus of economists and Wall Street analysts saying that the economy can withstand a modest uptick in short-term interest rates, and it didn’t feel compelled to raise rates this week. Instead… Read More
Stock Market Investing
Wednesday was a good day for the markets, but a great day for a company called The Trade Desk. It was also a day that bodes well for one of my Profit Catalyst holdings.Smart investors are looking for a way to capitalize on the explosive growth in Internet advertising,… Read More
We may be living in the “Year of the Mega Deal,” but the latest announced merger may signal an era is coming to an end.Bayer’s (OTC: BAYRY) proposed takeover of Monsanto (NYSE: MON), is a transaction valued at $66 billion including debt, making it the biggest deal of the year… Read More
After stocks nosedived last Friday following hints that the Federal Reserve would raise rates, every word from Fed Governor Lael Brainard’s speech Monday were scoured, sifted and sniffed for meaning.Fortunately, sulky investors received this pacifier: Brainard said the case for a preemptive rate hike was “less compelling.” For clarity, in Fedspeak… Read More
Investors may have some big decisions to make in the next few days as the stock market reacts to an increasingly likely rate hike from the Fed, perhaps as soon as next week. So, in this column, let’s take a look at the stock market and identify the major reason why… Read More
Like most people, I listen to music while on the treadmill at the gym. What I don’t enjoy is untangling the knot of headphone cords that somehow forms during the five minute walk from my house to the YMCA.It’s not a major aggravation, but I have considered wireless headphones to… Read More
Two important stories you may have missed: New Pipeline Giant Prepares For Energy Rebound When a sector goes through a brutal correction, weaker companies go broke or get acquired, leaving the strongest ones in great shape for the next growth cycle. An even more compelling story is when strong ones merger—– and that’s… Read More
Less than three months ago global markets teetered on the news that the U.K. had voted to exit the European Union. Talking heads fretted that the already struggling European economy would grind to a halt.But on Monday a survey showed a powerful rebound in the U.K. service sector, surprising investors… Read More
Tech companies say activists are modern day pirates but at least they don’t bury their treasure. Back in the mercantilist days of the 18th century, when most goods were transported by ship over the high seas, pirates were the bane of a merchant’s existence. Marauders would appear out of nowhere… Read More
For a company built around the idea of democratizing the cost of travel, The Priceline Group (PCLN) doesn’t like democracy too much when it comes to shareholders. And it also doesn’t want to pay dividends. Not only does it sport the second highest share price of all companies in the… Read More