Weekend reads: Retail troubles and how to handle this scary stock market

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It might appear that the stock market finally fared pretty well for one week through May 19 — the benchmark S&P 500 index was down only 0.7%. But it’s on track to be down for seven straight weeks — the first time since 2002.

At first glance, it might appear that the stock market finally fared pretty well for one week through May 19 —- the benchmark S&P 500 index SPX, +0.01% was down only 0.7%. But it’s on track to be down for seven straight weeks — the first time since 2002, when it fell for eight consecutive weeks.

In an interview, Loew’s CEO Marvin Ellison said people were likely to continue making heavy investments in their homes. Mark Hulbert explains why P/E multiple contraction is the real reason for this year’s stock-market decline. Take a closer look at your retirement account fees Alessandra Malito helps a man who is doing a lot to save money for retirement, but has calculated that he is paying $2,164 a year for the privilege. Here’s her advice on how to take a deeper look at investing fees.

Contrarian investing: Biotech may be close to a bottom Back in April 2020, when forward-month oil prices momentarily dropped below zero, you would be hard pressed to imagine paying $5 for a gallon of gas two years later. Now Michael Brush points out that 25% of biotechnology stocks are trading at valuations below the cash they have on the books. Here’s how close that industry might be to a rebound for its stock prices.

 

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Jim Cramer gives his take on which retail stocks are investableThe 'Mad Money' host said that while the retail space is beaten down, there are still some winners that investors should consider adding to their portfolios in Friday's episode of the show. Short them all. Got it. What if Cramer is actually doing this on purpose? Give shit recommendations so that we do the opposite? Maybe he is helping out retail. Thanks Cramer. Walmart and Burger King
Source: CNBC - 🏆 12. / 72 Read more »