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Monthly Archives: September 2019

Stocks may be poised for dramatic surge, technical analysts say

Stocks have been grinding sideways, but once they breakout, the move to the upside could be powerful, technical analysts say. The S&P 500 has been edging closer to 3,028, its high from July 26, but it has backed off a number of times, creating a jagged seesaw pattern on August’s …

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Here’s how much advisors should allocate toward alternatives

Oliver Furrer | Cultura | Getty Images You don’t have to be a hedge fund guru to discuss alternative investments with your clients, yet it doesn’t hurt to get educated. It’s no secret that portfolio diversification protects investors from the whims of the stock market, blunting the volatility you get …

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Buy Boston Beer stock because of its spiked seltzer Truly

Cartons of White Claw, a flavored alcoholic fizz in a can are on display at the Round The Clock Deli September 11, 2019 in New York City. TIMOTHY A. CLARY | AFP | Getty Images Summer may be over but popularity of White Claw and Boston Beer’s Truly spiked seltzer …

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Roku could fall another 30% before finding a bottom, chart suggests

The streaming wars may have claimed a new victim. Roku shares plummeted nearly 30% last week, its worst weekly performance stretching to its 2017 IPO. The streaming platform stock was pummeled Friday after Pivotal Research slapped a sell rating and $60 price target on it, fearing a rush of competition …

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Investors wonder whether this march back to record highs can be trusted

Fortitude or denial? Wall Street’s steadiness last week in response to several tidy excuses for skittishness raises this question. The S&P 500 eased back just half a percent, holding within 1% of a record high, in a week that began with an oil-price spike following an attack on Saudi Arabia …

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‘Game of Thrones’ ends run with best drama award, 59 total Emmy Awards

D. B. Weiss (C, speaking), David Benioff (3rd L) and cast and crew of ‘Game of Thrones’ accept the Outstanding Drama Series award onstage during the 71st Emmy Awards at Microsoft Theater on September 22, 2019 in Los Angeles, California. Kevin Winter | Getty Images Entertainment | Getty Images Despite …

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Did we just witness beginning of end of Big Oil?

Out of service fuel pumps are covered in plastic wrap and tarps at an Exxon Mobile gas station. Bloomberg | Bloomberg | Getty Images Is the oil barrel half empty or half full? In the past week you had your pick of answers to choose from, and they were bookended …

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How to raise a whiz kid investor

Plenty of parents start their kids off with a piggy bank to underscore the importance of savings. Very few teach their children how to invest. “Investing is something a lot of parents struggle with,” said Roger Young, a senior financial planner at T. Rowe Price in Owings Mills, Maryland. Parents …

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Datadog is fourth software IPO in 2019 to reach $10 billion market cap

Celebration at the Nasdaq during the Datadog IPO, September 19, 2019. Source: Nasdaq Other years have had more tech IPOs than 2019, but there’s never been a year that’s minted so many big ones. After Datadog’s first-day pop on Thursday, the provider of analytics and monitoring tools became the fourth …

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Here’s how many hours American workers spend on email each day

If you work in an office, email is likely an essential part of your job — and your life. When software company Adobe surveyed over 1,000 American workers for its annual email usage study, they found that people on average spend more than five hours per day checking their email. “Email …

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