Author: super@dmin
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Market Extra: If the trade situation worsens, look for stocks with this characteristic, Goldman Sachs says
The U.S. and Canada reached a last-minute deal Sunday to revise the North American Free Trade Agreement, but trade disputes are likely to remain a key concern for the U.S. stock market, raising questions about how investors should position their portfolios to minimize any pain that could occur. According to Goldman Sachs, there is a…
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Asia Markets: Japan’s Nikkei rises as dollar hits 11-month high against yen
Asian stock markets were mixed Monday, with markets in China starting a weeklong holiday and Hong Kong closed, leaving equities to trade on local factors over broader themes. Japan’s Nikkei NIK, +0.52% was up 0.5% as the dollar continues to push higher against the yen USDJPY, +0.21% , hitting levels not seen since last…
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Commodities Corner: Palladium may soon be worth more than gold
The price of palladium has had an impressive climb of nearly 30% over the past six weeks, and could become more valuable than gold for the first time in 16 years. Futures prices for palladium PAZ8, -2.40% which is widely used in the pollution-control catalytic converters on gasoline-powered vehicles, jumped from a mid-August settlement low…
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FA Center: How financial advisers can get the advice they need
Newly minted financial advisers often experience a mix of euphoria and panic. They’re thrilled to dive in and help clients navigate their financial future, but they’re overwhelmed by the complexities of launching a practice. Just as professional baseball players fight off the jitters in their first appearance in a major league game, advisers find that…
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Vitaliy Katsenelson's Contrarian Edge: The average stock is overvalued somewhere between tremendously and enormously
My business is to constantly look for new stocks by running stock screens, endlessly reading (blogs, research, magazines, newspapers), looking at the holdings of respected investors, talking to a large network of investment professionals, attending conferences, scouring through ideas published on value investor networks, and finally, scouring a large (and growing) watch list of companies…
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FA Center: Stock investors can no longer ignore the next bear market
The biggest obstacle to long-term investment success is “the dogma that you must beat the S&P 500 during bull markets.” So writes Brian Livingston in his new book “Muscular Portfolios: The Investing Revolution for Superior Returns with Lower Risk.” I couldn’t agree more. Livingston is an investigative journalist who has focused his energies in recent…
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Ryanair says strikes are hitting its profits
Michael O’Leary in 60 seconds Ryanair could be headed for a rough landing this year. Europe’s leading low cost airline slashed its profit forecast for the current fiscal year to between €1.1 billion ($1.27 billion) and €1.2 billion ($1.39 billion). That’s about €150 million ($174 million) less than the company had expected. Ryanair (RYAAY) said…
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The Moneyist: My mother’s live-in boyfriend has no job, no money and a lot of debt—what happens to her house after she dies?
Dear Moneyist, My mother is retired and lives in Florida. She still owes money on her home. Five years ago her boyfriend Jerry moved in with her. He has no assets (house or car) and lots of debt, which is the reason my mom says she won’t marry him. My mom has always said her…
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How workers could give to charity just like they give to their 401(k)
Some worry the super-wealthy have too much sway in the world of charitable giving, especially in light of mega-donations like Amazon AMZN, -0.50% founder and chief executive officer Jeff Bezos’ recent $2 billion pledge become more common. Now a proposed tax law aims to help solve that issue. The Everyday Philanthropist Act would let employees…
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The next big test for Elon Musk arrives this week
Elon Musk is being sued by the SEC 1. Back to business: The SEC is off Elon Musk’s back. Now he and Tesla can return to that other pesky problem — making and selling cars. Tesla will turn in a critical production report on Tuesday that will show investors whether the company can sustain and…