Home / 2019 / July (page 9)

Monthly Archives: July 2019

Charts show the S&P 500 could be due for a correction, Jim Cramer says

The market could be due for a correction now that the S&P 500 is trading above the 3,000 level, according to the charts. Because of this, there is good reason for investors to be more cautious about their portfolio, CNBC’s Jim Cramer said Tuesday citing technician Carley Garner. The S&P …

Read More »

Bitcoin falls back below $10,000, losing a fifth of its value in a week

Bitcoin continued its downward spiral as lawmakers questioned the safety and legitimacy of cryptocurrencies during a Senate hearing Tuesday. The world’s first and largest digital asset fell 6% to a low of $9,871.66 Tuesday — a more than 20% drop from where it was trading a week earlier. Still, bitcoin …

Read More »

One market analyst says a stock pullback ‘may lie directly ahead’

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters While markets were hitting all-time highs yet again on Tuesday, Canaccord Genuity says it’s time for a market pullback. Canaccord’s major indicators are approaching levels last seen right prior to or during the market correction …

Read More »

Perhaps money can buy you happiness — at least, at work

NBC | NBCUniversal | Getty Images The modern notion of a happy workplace is usually littered with foosball tables, futuristic napping pods, and lunch-break puppies. However, the key to a happier workplace might be much simpler than this — just pay employees more. The latest CNBC/SurveyMonkey Workplace Happiness Index shows …

Read More »

One of the oldest investing theories on Wall Street has yet to confirm this year’s rally is for real

Traders take orders in the S&P 500 stock index options pit at the CBOE on July 30, 2014 in Chicago, Illinois. Scott Olson | Getty Images For investors cheering stocks at record highs, a century-old classic theory is saying the market is still not out of the woods yet. The …

Read More »

Here is what makes workers the happiest at every age

No, it is not money or opportunity that makes workers the happiest. The majority of workers consider the meaning of their work to be the most significant contributor to their overall workplace happiness. The majority of workers (35%) rank meaningfulness No. 1 in contribution to on-the-job happiness, according to the …

Read More »

Biggest Amazon Prime buy of all may start the day after the sale ends

Amazon Prime Day is going to be big. Analysts are betting this year’s Prime Day will be the biggest ever, with the online shopping giant expected to bring in around $5.8 billion in sales this week, according to Coresight Research. Breaking previous Prime Day sales records should be easy because …

Read More »

Buttigieg, Biden, Warren lead 2020 Democratic primary fundraising race

Democratic presidential hopefuls Mayor of South Bend, Indiana Pete Buttigieg (L) and Former US Vice President Joseph R. Biden (R) exchange words during a break in the second Democratic primary debate of the 2020 presidential campaign season hosted by NBC News at the Adrienne Arsht Center for the Performing Arts …

Read More »

Frothy tech IPO market could mean bad news for sector’s future returns

CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq A crop of long-awaited technology companies coming to the public market this year created a “frothy” period, Bernstein said on Tuesday, and a historical pattern may mark the top in the sector that has led the S&P 500 higher …

Read More »

Goldman Sachs earnings Q2 2019

David Solomon, Goldman Sachs Andrew Harrer | Bloomberg | Getty Images Goldman Sachs beat Wall Street’s expectations for second-quarter results Tuesday with outperformance in its investment banking and trading division.  Here’s how the company did compared with what Wall Street expected: Earnings: $5.81 per share vs. $4.89 per share, forecast …

Read More »