Author: super@dmin

Even with Tuesday’s bounceback, chip-related stocks are caught in a downdraft fueled by concerns of oversupply and analysts at Morgan Stanley don’t think the sector is quite out of the woods yet. The PHLX Semiconductor Index SOX, +3.31%  rallied 3.1% Tuesday, on track for its largest one-day percentage gain since April 10, while the tech-heavy…

“Bamboozled and Bewildered Wife,” wrote to The Moneyist about some dastardly financial dealings undertaken by her husband on behalf of her brother-in-law. Here’s a short recap: Her brother-in-law wanted to hide money in a stock trading account ahead of his divorce and her husband agreed to help him. Her husband deposited the money in an…

U.S. stocks traded stronger on Tuesday on the back of healthy earnings reports, reversing a lower finish by major benchmarks a day earlier that was led by a decline in technology and internet-related companies. A fresh batch of corporate earnings and further developments in global tensions, surrounding Brexit and Italy’s budget, remain a focus. What…

Dear Moneyist, Five years ago my wife entered into an arrangement with her sister to buy a house for their mother and split it 50/50. My wife put up $25,000 for the down payment. They planned to split the mortgage 50/50. The deal was contingent on their mom selling her existing house in a few…

Dear Moneyist, My family has a trust fund. My daughter, since the day she was born, has received dividends. The average is about $8,000 per year. She is 10 years old. In order to be fiscally responsible, we have set up an account with Edward Jones. Her money is being directly sent there to put…

Major currencies like the U.S. dollar and the euro were muted early Tuesday, while the British pound led developed market gainers on the back of supportive wage data. In the U.S., traders are waiting to see whether the Treasury will label China a currency manipulator in a report on the foreign exchange market due Tuesday.…

Gold futures on Tuesday looked likely to extend a rally, albeit tepidly, that has returned prices to July peaks, with a generally upbeat tone remaining even as global stock markets climbed. Fresh weakness for a leading dollar index helped gold hold higher ground as December gold GCZ8, +0.11%  rose $2.10, or 0.2%, to $1,232.40 an…

Oil futures tilted lower on Tuesday as traders wait to see if relations between the U.S. and Saudi Arabia sour further following the disappearance of a journalist in Turkey. Worsening tensions between the two nations could result in a curtailment of global crude production from one of the most significant members of the Organization of…

Even as the bull market soon turns 10 years old, you might be surprised about how many stocks are trading much lower than their all-time highs. Taking a closer look can provide food for thought for bargain hunters. In Seeking Alpha last week, Chuck Carnevale made the case for Whirlpool WHR, +2.43%  as ”an uncommon…

Italy’s benchmark on Tuesday was set for its best day in about five weeks, while U.K. stocks lagged behind a buoyant European equity market, amid brewing political turmoil that has continued to result in outsize moves in those spotlighted eurozone regions. A rally for U.S. stocks after a crop of upbeat earnings was also driving…