Alibaba (BABA) Ready for New All-Time High?
Alibaba just set a new world record – $38 billion in sales in 24 hours. Today I am going to share my outlook for Alibaba.
Netflix (NFLX) Down 30% from 52-Week High: Buy, Sell or Hold?
Netflix is down 30% from the 52-week high. Shareholders are nervous. Today I share my outlook for the streaming industry and Netflix.
S&P 500 Nears Record High – Here’s the Plan
US stocks are off to a great start to October and the fourth quarter. The S&P 500 is up almost 6% from the low on October 3, logging three winning weeks in a row. The leading index is now up 20% in 2019 and ready to breakout into a new all-time high.
S&P 500 Up 15% in 2019 – More Gains in Q4?
Global stocks held up well in the face of adversity in the third quarter. Despite the threat of a recession and uncertainty over the US, China trade dispute, the S&P 500 (SPY) fell just 1% in the third quarter. The tech heavy NASDAQ (QQQ) also fell -1%. The global stock market Vanguard (VT) fell -2%. Emerging Markets (EEM) lagged, falling -6%.
US Stocks Ready for New 52-Week High – Does China Still Matter?
Licensed investment advisor Michael Vodicka shares a quick weekly market wrap and explains why US stocks have remained strong with so much fear on the Street.
S&P 500 Just Below the 52-Week High – Rebound or Head Fake?
The US stock market is showing resilience in the face of adversity. Despite the threat of recession and the US, China trade battle, the S&P 500 jumped 2.2% this week. That push higher has US stocks trading just below the 52-week and all-time high.
Trade War, Recession, Election – Panic or Buy?
Stock market volatility has been picking up in August – on display with Friday when the S&P 500 fell 2.5%. Today I am going to explain why stocks are getting more volatile, what I expect in the next 12 months and how my clients can adjust their portfolios to better manage.
Gold up 16% in 2019 – I See More Gains Ahead
For all the gold bugs out there – it’s time to start paying attention to gold again. After a nasty 8-year bear market, precious metals are moving back into a bull market. The price of gold is up 16% in 2019.
Match Shares Jump 20% on Strong Q2 Earnings
We saw some great news from one of my favorite growth stocks that many of my wealth management clients have owned for years. Global leader in online dating Match Group (NASDAQ: MTCH) jumped 20% today, hitting a new all-time high after reporting awesome second-quarter results that crushed expectations. Here are some highlights from the press release.
S&P 500 Second Quarter Earnings Expected to Grow 4.4%
Second quarter earnings season has arrived. This is one of the most important events of the quarter. The earnings results – and even more important earnings outlook – should guide the stock market for the next few weeks and months.