The United States steel sector has reached "the end of the line" despite efforts by the Trump administration to revive the industry, UBS told clients on Tuesday, advising investors it may be time to ditch the metal stocks.
The stock market performed well on Tuesday, responding to steady improvement among many companies as earnings season kicked into high gear. Although political issues are likely to remain in the spotlight for some investors for the foreseeable future, many market participants are looking to economic and business issues in driving their investing decisions. Major market benchmarks finished the day....More>>>
Television has been and is projected to be for at least the next few years the dominant advertising medium. However, in a few years many project that to change with digital advertising taking television’s top spot. The $64,000 question for old media companies like Disney (NYSE:DIS), Time Warner (NYSE:TWX), Twenty-First Century Fox (NASDAQ:FOXA), CBS Corp (NYSE:CBS), Viacom (NASDAQ:VIAB), Scripps....More>>>
Uber driverless Ford Fusions sit in the Uber Technical Center parking lot on September, 22, 2016 in Pittsburgh, Pennsylvania. (Photo by Jeff Swensen/Getty Images)
The self-driving car craze seemed to come out of left field. In just the last few years, the idea that cars could pilot themselves around cities and along freeways went from science fiction to a genuine possibility.
Friday’s pre-holiday session provided little in the way of gains even though most markets closed at or near the highs of the day. After languishing for most of the session, large blocks of buyers emerged in the final minutes driving prices to small gains.
The Dow Jones Industrial Average closed with a gain of 0.07%, the S&P 500 rose 0.13%, Nasdaq gained 0.28% and the Russell....More>>>
The U.S. Department of Agriculture’s Monthly Cold Storage report showed that stocks of frozen beef in the nations freezers on July 31st totaled 469.253 million pounds versus 460.093 million pounds a year ago and 456.533 million pounds on June 30th, 2016.
Stocks of frozen pork totaled 599.932 million pounds versus 633.214 million pounds a year ago and 586.479 million pounds on June....More>>>
I have some bad news for you… Stocks could struggle – for as long as two years – after the presidential election next week. It won't be because of Hillary or Donald's bad political ideas. It all comes down to the lessons of history we've learned from elections. You see, politics have a surprisingly large effect on financial markets…....More>>>
Yesterday, our Elite Opportunity Pronewsletter suggested mid cap methanol stockMethanex Corporation (NASDAQ: MEOH) as a potential long/bullish trade:
Back in February of last year, we suggested Methanex Corporation (MEOH), which ended up providing us with some pretty good gains in a fairly short amount of time, and based on what’s happening with the stock technically right now, it could....More>>>
Shares of Chipotle Mexican Grill (CMG) fell 1.2% in after-hours market action after the troubled restaurant chain posted disappointing second-quarter financial results.
The Street did not have grand expectations for the quarter. Chipotle is struggling to recover from last years string of E. coli and salmonella outbreaks. Six months have passed since the last reported....More>>>
Despite Snaps (SNAP) lackluster performance since going public in March of 2017, Apple (NASDAQ:AAPL) recently revealed that Snaps Bitmoji and Snapchat apps were the number one and two most downloaded apps in the US in 2017, respectively. Snap has gotten a lot of flak for calling itself a camera