News

Mauricio Umansky is a prominent name in the luxury real estate industry. Though he is famous for being the husband to The Real Housewives of Beverly Hills’s cast Kyle Richards, his net worth says

Investors were net purchasers of fund assets (including those of conventional funds and ETFs) for the third week in four, injecting a net $10.8 billion for the LSEG Lipper fund-flows week ended

Yesterday‘s S&P 500 downswing didn‘t last even though the sellers came back strongly before the day was over. Bonds though have recovered, 10y yield is sitting at 4% – the interest rate sensitive

Texas Gov. Greg Abbott ceremonially signed the $18 billion property tax relief bill into law on Wednesday. The bill, which is the largest property tax cut in Texas history, will bring massive

Key Points

• UPS falls on soft results and outlook, but a buying opportunity could be close. 
• Internal improvements set the company up for leverage over the long term; however, a rebound could

S&P 500 reversed mid session, but it would be premature to call for the end of the correction – odds are that following today‘s rebound, which I saw as likely to stall in the 4,535 area as easy

• Online prices dropped 1.6% compared with July 2022, and 0.9% from June 2023
• Grocery price increases have now slowed for 10 consecutive months
• Categories including appliances

Key Points

• Crown Castle is trading 50% below its January 2021 record peak and has a forward dividend yield that has doubled to 6%.
• Unlike most REITs that invest in buildings, Crown Castle

S&P 500 did the compulsory little rebound yesterday – one I didn‘t trust from the get go, yet maxed it out for subscribers enjoying also the Intraday Signals. Stocks had been gradually

Quotes from Neil Barbour, associate research analyst at S&P Global Market Intelligence:

“The renewed video game M&A deal activity came as a bit of a surprise as it arrived amid a legal battle

Key Points

• Starbucks had a mixed Q2 but posted record results and guided for growth. 
• Analysts have lowered their price targets for the stock but still see it trending higher by 10%. 

S&P 500 couldn‘t keep the fine rebound as all eyes were on “good that the job market is still OK, but maybe the Fed would stop hiking now” interpretation of weaker than expected non-farm payrolls

S&P 500 reversed right on cue yesterday, and the retreat before Apple Inc (NASDAQ:AAPL) earnings was duly bought. Next, it was up to the run up to the non-farm payrolls – stocks froze with fear for

In his podcast addressing the markets today, Louis Navellier offered the following commentary.

Energy Bet Paying Off

My big energy bet is paying off now that we are in the midst of peak

In summary:

• S&P 500 E-Mini Futures reached a year-to-date high of about $4,600, with potential for new all-time highs if it surpasses resistance at $4,630 and $4,700. 
• The $4,500 support

S&P 500 couldn‘t take advantage of respite in rising yields after US open as there was no reprieve. No flight to safety to Treasuries to which there‘s no deep enough alternative – yields continued

Caterpillar, Inc. (NYSE:CAT) stock is up nearly 8% in early trading after the company blew past revenue and earnings expectations. The question will be whether the report will be enough to move

Following is the unofficial transcript of a CNBC exclusive interview with JPMorgan Chase & Co (NYSE:JPM) Chairman & CEO Jamie Dimon on CNBC’s “Power Lunch” (M-F, 2PM-3PM ET) today, Wednesday

What a difference 24h can make, huh? Gold rallied visibly on Monday, only to give it back on Tuesday. Same with miners. What’s next?

Exactly the same thing that was likely before yesterday’s

In his podcast addressing the markets today, Louis Navellier offered the following commentary.

Spooky Treasuries

Financial markets were spooked that the Treasury Department now wants to

On July 26, the Federal Reserve unveiled an interest rate increase of 25 basis points while leaving room for another rate hike increase later this year. The central bank’s 11th rate boost since