Bear Market
Bear Market Coming: Analyst This $240-billion investment officer is predicting that technology stocks are poised to enter a bear market, with the NASDAQ Composite Index set to plummet further in 2016. Scott Minerd, chief investment officer for Guggenheim Partners LLC, says the NASDAQ Composite Index could crash this…
The top stocks in this market are large-cap, higher-dividend-paying companies with strong international operations. For speculators, gold stocks remain some of the best stocks in this stock market. The big companies have the cash and the economies of scale (to withstand the shocks to fundamentals and the stock…
The American corporate profit machine is in full swing: Stock market darling Google Inc. (NASDAQ/GOOG) reported late last week that its third-quarter profit hit $2.73 billion on sales of $9.72 billion. Earnings and revenue grew 26% and 33%, respectively, from the same period of last year. This morning,…
California Governor Jerry Brown and his Democratic government made financial projections for California’s current fiscal year, which began July 1, 2011. Only three months into the current fiscal year, tax revenue for California has fallen $705 million. The risk? Based on the budget plan the Governor signed into…
I’m so excited this morning; I can hardly control my excitement. Being the type of person who looks at the glass half-full as opposed to half-empty, I see yesterday’s sell-off in most investment categories as presenting investors with huge opportunities for profit. Let’s start with the stock market:…