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U.S. federal budget deficit for fiscal year 2019 is $985 billion. U.S. national debt is $21,863,635,176,724. Now, President Trump wants $5,000,000,000 for a fiscally and environmentally unsound wall expected to cost $50,000,000,000 to appease racist xenophobic supporters.
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The market likes what the Fed said, but stocks are beginning to look priceyThe S&P is in an environment where investors have priced in a lot of positives, but there is very limited earnings growth. The Fed just inflated the bubble. Earnings and forward guidance haven’t dropped this far, this fast in 25 years and the FOMC rhetoric intended to inflate stocks at a time when earnings are collapsing?!?! Are you kidding me? Oh ya we are downing enough. Need to get uppppppp
Source: CNBC - 🏆 12. / 72 Read more »
Oil price 'meltdown' puts offshore drilling stocks 'back to square one,' analyst saysInvestment bank Jefferies cut its price targets for offshore drilling stocks on Friday, saying the collapse in oil prices has made an anticipated recovery for the beaten-down sector in 2020 unlikely.
Source: CNBC - 🏆 12. / 72 Read more »
Morgan Stanley says buy these stocks when the market finally bottomsStocks have bounced back from their multi-year lows and valuations have reached an attractive level for the first time in years, but investors still can't go all in.
Source: CNBC - 🏆 12. / 72 Read more »
Warren Buffett might be looking to buy these 12 stocks, Wells Fargo saysWarren Buffett might eye a list of stocks including Micron, Urban Outfitters, and Altria, according to a Wells Fargo analysis of their valuations.
Source: BusinessInsider - 🏆 729. / 51 Read more »
David Tepper says he's buying stocks after market's worst week in a decadeLast week's big sell-off and Monday's stock drop presented an opportunity, the hedge fund manager tells CNBC It's basically a sale on everything... I loaded up as well This will shore up confidence 100% 😂😂😂 Pretty much the point, the 1%ers buying low at the expense of all of US and the market being manipulated by OUR leadership. Buy low!
Source: CNBC - 🏆 12. / 72 Read more »
‘Robin Hood of Wall Street’ says be wary of Trump’s advice to buy stock-market dipOn Christmas Day, President Trump said investors should get out there and buy stocks, but that may be a move smacking of desperation, says this trader. Um... I think it’s wise to be wary of ANY Trump advice. 🙄 Really? We really need an article to real investors to not listen to Trump. Trump is a failure at everything......everything. He loses bigly all of the time.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stock market: 19 stocks to buy next yearWhat stocks should you buy next year? Here's a list of 19 stocks mutual fund managers say are 'buys' in 2019.
Source: USATODAY - 🏆 100. / 63 Read more »
One of Wall Street’s most successful investors says a Fed stock-market lifeline is goneHedge-fund star David Tepper’s takeaway from Wednesday’s market-rattling policy decision from the Federal Reserve: The Fed put is dead. Mr. TEPPER can you do anything to get Christian McCaffery in Pro Bowl. He deserves it. I voted but the voting wasn't advertised well so everyone probably didnt Know to vote.
Source: MarketWatch - 🏆 3. / 97 Read more »
One vice stock to buy and another to hold as sin stocks stumbleCasino stocks Wynn Resorts and Las Vegas Sands are tumbling, while tobacco names including Altria and Philip Morris stumble. One of those names could break out, says Piper Jaffray's Craig Johnson.
Source: CNBC - 🏆 12. / 72 Read more »
JP Morgan's Wall Street chief says more market meltdowns like December's rout are comingThe S&P 500 crossed into a bear market on an intraday basis in late December before recovering most of its losses. That pattern is likely to repeat this year, Daniel Pinto says. Trump will RUIN the Great Economy Obama worked so hard to ACHIEVE for America Market meltdowns are great for majority of individual investors who save their paycheques and buy stocks at cheaper prices. What’s not to like about discount over the same goods? Would like to see a visual history of his prognostications. Is he 100% correct 100% of the time? Or does he forecast often, but not well? Spoiler alert—-Hey, he might be right!
Source: CNBC - 🏆 12. / 72 Read more »