With baby boomers retiring in rapid succession, millennials now make up the largest percentage of the workforce. And while many are gainfully employed and are on top of their bills, the majority of younger workers are making a mistake that could damage their finances irreparably: not having emergency savings. A frightening 52%, in fact, say they don’t have an emergency fund, according to new....More>>>
The Consumer Cyclicals sector currently earns an Unattractive rating based on the market-weighted aggregation of the 443 stocks we cover in the sector. The Amazon (NASDAQ:AMZN) impact and slow growing economy has led to declining profits and even bankruptcy for many companies in the sector. However, a few companies have overcome these struggles and managed to thrive.
By leveraging our Robo-Analyst....More>>>
Shares of California Resources Corp (NYSE:CRC)are skyrocketing today, up 23% as of 10:58 a.m. EDT, after the company reported surprisingly strong first-quarter results.
California Resources reported $8 million, or $0.18 per share, in adjusted net income during the first quarter, which came as quite a surprise considering that the analysts’ consensus....More>>>
On Tuesday, our Under the Radar Moversnewsletter suggestedgoing long on small cap energy storage and power delivery stock Maxwell Technologies (NASDAQ: MXWL):
We had to zoom in pretty tight on the chart of MXWL to show you some of the most relevant details. But, know that in so doing we lost some perspective on another key bullish clue. That is, the converging wedge pattern (red lines) extends....More>>>
1. Stocks slide: Investors are coming back from the long weekend and they’re ready to sell.
U.S. stock futures are pointing down and European markets are all declining in early trading, with some off by more than 1%.
Oil is also moving to center stage: OPEC countries are racing to negotiate key details of a planned production cut ahead of their meeting on Wednesday.
India’s retail inflation accelerated more than estimated, giving ammunition to hawks in the central bank’s rate-setting panel for tightening policy and potentially adding to the woes of bond investors.
Consumer prices rose 4.6 percent in April from a year earlier, the statistics ministry said in a statement in New Delhi on Monday. That’s faster than the 4.4 percent Bloomberg....More>>>
Oil prices may continue to rally past 3陆-year highs and all the way to $85 a barrel as soon as July, according to Pulitzer Prize-winning author and closely followed energy analyst Dan Yergin.
Prices in the oil market have been steadily rising since last year, fueled by strong demand and output caps imposed by major producers aimed at draining a global crude glut. More recently, oil futures....More>>>
OPEC members are discussing a compromise agreement that would see an oil production increase of between 300,000 and 600,000 barrels a day over the next few months, according to people briefed on the talks.
While Iran said on Sunday it’s opposed to any increase to current quotas, officials from a number of other countries are optimistic that an agreement can be won for a relatively....More>>>
JERONIMO MARTIN/ADR (OTCMKTS:JRONY) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday.
According to Zacks, “Jeronimo Martins SGPS SA is engaged in the distribution and production of food items and fast moving consumer goods through its retail and wholesale....More>>>
U.S. equities could hardly be bothered by Friday’s surprisingly strong jobs report, featuring a decline in the unemployment rate to a new post-recession low of 4.6%. Payrolls expanded by 178,000, above the consensus and the 142,000 created in October.
Yet the major averages were little changed in quiet trading as investors brace for the upcoming Federal Reserve policy decision on Dec.....More>>>