Author: super@dmin

This November marks the 40th anniversary of the legislation that paved the way for 401(k) plans, meaning that many workers on the cusp of retirement have had access to a 401(k) during their entire careers. While a lot of these folks may be utilizing a variety of strategies to prepare for retirement, plenty are relying…

Editor’s Note: This is a free edition of The Technical Indicator, a daily MarketWatch subscriber newsletter. To get this column each market day, click here. Technically speaking, the U.S. markets’ lukewarm November bounce is intact. Against this backdrop, each big three benchmark has sustained a break atop trendline resistance, and selling pressure remains muted ahead…

The stock market could be in for a steep drop come Wednesday, warns Thomas Peterffy, a pioneer of computerized stock trading. That is, if Democrats are able to gain control of not just the House — as most polls predict — but also the Senate, Peterffy told CNBC on Tuesday, as voting in midterm elections…

A fool and his bitcoin are soon parted. Knowing that, enterprising hackers in recent days took over several “verified” accounts, tweaking their profiles to look like Elon Musk’s account. They then urged users to send a small amount of bitcoin BTCUSD, +0.39%  in exchange for the promise of more bitcoin to be sent back. The…

State ballot measures aren’t getting the same attention as this year’s key congressional races, but they are leading to big spending by companies hoping to win over voters. And Corporate America looks on track for victory on some 2018 issues, analysts say. In Montana, tobacco giant Altria Group Inc. MO, +1.51% has shelled out $17…

Oil prices dipped again early Tuesday after the Trump administration a day earlier granted waivers to allow eight nations to continue buying Iranian crude as U.S.-driven economic sanctions against the Islamic Republic kicked in. News reports said President Donald Trump on Monday told reporters that he wants to “go a little bit slower” when it…

Gold futures edged higher Tuesday, with traders taking a cautious stance ahead of the outcome of U.S. midterm elections that will determine control of Congress. December gold GCZ8, +0.41%  rose $4.80, or 0.4%, to $1,237.10 an ounce on Comex, while December silver SIZ8, +0.33%  was 3.8 cents higher at $14.685 an ounce, up 0.3%. Republicans…

There is finally enough pessimism on Wall Street to make contrarian-minded investors take notice. Contrarians turn bullish when the prevailing mood is extreme pessimism, and there was insufficient pessimism up until just the last few days. A month ago, I concluded after analyzing senitment that “it’s still too early to jump back into stocks.” The…

The definition of bankruptcy is given as “legal status of a person or other entity that cannot repay debts to creditors.” In most parts of the U.S., bankruptcy is imposed by the court after a petition by the creditors. All over the country, thousands of people file for bankruptcy daily as a last resort after failing to…

Asian stock markets were mixed in early trading Tuesday, as investors awaited the U.S. midterm elections. Japan’s Nikkei NIK, +1.14%   rose about 1% after yesterday’s pullback, with drug and consumer-goods makers strong; Sumitomo Dainippon Pharma 4506, +7.02%   was up 5.7%. Meanwhile, SoftBank 9984, -1.97%   gave up early gains and sank more than…