Author Archive

Oil Prices Help Put a Floor Under Stocks

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This article was originally published on this site Major Moves The major indexes struggled to remain above breakeven today, despite some positive movement in the energy market. The Boeing Company (BA) dragged on the Dow after weekend reports detailed a too-cozy relationship between the company and its regulator’s approval process. The Nasdaq and S&P 500…

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US Treasury Bond Breakout Ahead?

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This article was originally published on this site Last week, I had the pleasure of being on Real Vision TV, where I recorded two segments, one on bonds and one on an equities pairs trade. The video to the equities trade is here, but since I’m not sure if/when the free video about bonds will be…

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Facebook Falls to Key Support Amid Privacy Concerns

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This article was originally published on this site Facebook, Inc. (FB) shares fell more than 3.5% during Monday’s session amid growing privacy concerns. Last week, The New York Times reported that federal prosecutors are conducting a criminal investigation into data deals that Facebook struck with leading technology companies. A grand jury subpoenaed records from at…

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General Mills Reports as a 'Golden Cross' Forms

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This article was originally published on this site General Mills, Inc. (GIS) makes branded consumer foods sold through retail stores around the world. The stock closed Friday, March 15, at $47.51, up 22% so far in 2019 and in bull market territory at 30.5% above its Dec. 17 low of $36.42. The stock is approaching…

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8 High-ROE Stocks That Can Post Outsized Returns

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This article was originally published on this site The S&P 500 index has posted its highest return on equity (ROE) in nearly two decades and may have peaked along with the bull market. To address that, Goldman Sachs has screened a basket of 50 stocks that the firm says can still lead the market by…

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Elizabeth Warren CNN town hall

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Elizabeth Warren sought to draw attention to her ambitious housing plan, and the federal government’s failure to combat poverty in the Mississippi Delta, during a pair of stops en route to tonight’s town hall in Jackson. Following an Sunday event in Memphis, Warren on Monday first stopped in Cleveland, Mississippi, where she walked with state…

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Congressman Jim McGovern, supporting Dream Act, asks if Trump administration members could ‘pass a background check’

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U.S. Rep. Jim McGovern said immigrants with temporary protections were perhaps the most law-abiding people in the country, noting that they must routinely undergo background checks. “I wonder how many people in the Trump administration cabinet could pass a background check,” McGovern said, prompting chuckles from Democrats beside him. “But these people do every 18…

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A Road-Paving Job Takes On a Sinister Allure in Dave Eggers’s New Novel

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THE PARADE By Dave Eggers Place, Eudora Welty wrote, is where an author’s quest for truth starts. A novel doesn’t “begin to glow,” Welty claimed, until its setting comes to be “accepted as true.” For authors inclined to rebel against this kind of dictum, withholding the particulars of a place can be a way to…

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ISIS, Facing Last Stand Against U.S., Claims New Zealand Shooting Is Beginning of Global War Against Muslims

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The Islamic State militant group (ISIS) has released a new audio message amid the jihadis’ last stand against the United States-backed Syrian Democratic Forces in Syria’s far east. In a nearly 45-minute-long recording entitled “He Was Sincere toward God, so God Fulfilled His Wish,” ISIS spokesperson Abu Hassan al-Muhajir spent more than 20 minutes preaching,…

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Democrats want FBI to investigate spa owner, Mar-a-Lago attendee Cindy Yang

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High-ranking Democrats Monday called on the FBI to conduct a criminal and counterintelligence investigation into a Florida spa owner whose consultancy firm advertised access to President Donald Trump and his inner circle at the president’s Mar-a-Lago country club. The Democrats said in a letter to FBI Director Christopher Wray and other high-ranking officials that recent…

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