The predictable result after several days of rallying? Mr. Market is taking back some of investors’ profits today. No thanks to Home Depot, the Dow, off some 200 points earlier Tuesday, remains in negative territory.
Sector rotation, headline risk will dominate trading action in Q4 2017. Here’s what we’re exploring: Financials, transports, oil companies and target ETFs.
We've added Bank of America (symbol: BAC), Federal Agricultural Mortgage Corp., aka “Farmer Mac” (AGM) and oil major ConocoPhillips (COP) to our portfolio.
It’s stock market yo-yo time again, as headline traders batter stocks down, ending at least for now the great Trump-Santa Claus Rally.
2017 bounceback stocks have already been bouncing back. Here are the remaining stocks in our list. Any stragglers TBA.
Swapping year-end winners for next year’s winners and still looking for those elusive year-end bounceback candidates.
But traders in black gold—extractors, refiners, and exploration and pipeline companies—soar post-OPEC agreement to cut production.
Paring two energy positions, we look to increase holdings in the financial sector on any weakness, following last week's YUGE post-election rally in the sector.
WASHINGTON, April 15, 2015 – That weeping and gnashing of teeth you hear in the background—accompanied by shattered pencils and smashed computer keyboards—is the sound of millions of frustrated American taxpayers rushing to finish their returns and mail them in (or file them electronically) before tonight’s annual midnight IRS filing deadline. The Maven never worries ...
WASHINGTON, September 23, 2014 – It’s another typical Blue Monday on Wall Street today, as traders attempt to recover from twin weekend hangovers caused by a trifecta of allegedly bullish news late last week. The Fed announced, more or less, that it wasn’t going to raise interest rates anytime soon. Scotland decided to remain in ...
WASHINGTON, August 14, 2014 – Stocks were up sharply after this morning’s opening bell on Wall Street, but they’ve backed off to a little better than flatlining this morning with major averages up only about half a percent or so. Jobless claims were “unexpectedly” higher (no surprise to any millennial who’s been trying to get ...
WASHINGTON, August 11, 2014 – Investors awoke this morning to a startling bit of news. The Kinder Morgan master limited partner (MLP) juggernaut has announced a mega-merger of its various entities. Mothership Kinder Morgan Inc. (KMI) will, in effect, “eat its own” as Forbes online prefers to head the event. By year’s end, KMI will ...
Here we go again. Let's add the yo-yo to this metaphor.
Wall Street's Wall of Worry: The better stock market averages get, the more nervous investors get.