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Monthly Archives: September 2019

52% of parents blew their summer budgets. Where the money went

If you feel like spending on your kids took a toll on your summer budget, you’re not alone. A new survey from TD Ameritrade finds that 52% of parents with children under 18 spent more than they intended to this summer. Hero Images | Getty Images The average summer debt …

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Go with large-cap stocks over small caps, these traders say

Small caps need a big reversal to make up for their recent performance. The Russell 2000, the index that tracks small cap stocks, is down over 5% this quarter. Ari Wald, head of technical analysis at Oppenheimer, says while small caps should rise with the overall market, he’d be siding …

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Gold, bond and consumer staples ETFs see huge inflows

Safety trades are smoking hot. While investors largely sold out of domestic and international equities in August amid a broader push for protection, several key safety trades in the exchange-traded fund market saw huge inflows. The iShares Core S&P 500 ETF (IVV), the SPDR Gold Trust (GLD), the iShares Edge …

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These are the S&P 500 sectors that fare best in tough September

Investors remain concerned that August’s negative sentiment could carry into September. They have good reason: September tends to be among the worst months of the year. Since 1989, history shows that betting on the major U.S. equity indices in September is no better than a coin flip. Since 1989, the …

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China-sensitive Casino stocks could be a ‘value trap,’ says trader

Investors were all-in on casino stocks Wednesday. The rebound rally follows on from a major sell-off a day earlier triggered by a sharp drop in Macao gaming revenue in August. MGM, Wynn, Melco and Las Vegas Sands all came under pressure as protests in nearby Hong Kong and a slowing …

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Bob Newhart on His Secretly Sick Humor, Joke Stealing and Turning 90

LOS ANGELES — Bob Newhart didn’t invent stand-up comedy, but more than any performer he can lay claim to giving birth to the modern industry of the comedy special. His still-funny 1960 album, “The Button-Down Mind of Bob Newhart,” was arguably the first blockbuster special, selling more than one million …

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Rep. Bill Flores of Texas is the latest House Republican to retire

Rep. Bill Flores, R-Texas Tom Williams | CQ-Roll Call Group | Getty Images Rep. Bill Flores, R-Texas, will not run for reelection next year, joining a growing wave of House GOP retirements and departures from his home state, in particular. In a statement Wednesday, the fifth-term congressman said he made …

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The Riotous, Internet-Speed Sound of 100 gecs

Take in all of “1000 gecs” — the debut album by the band 100 gecs — in one sugar-rush gulp. Gorge on it. Let it pummel your ears from the outside, and rattle your brain from the inside. To listen to this album is to cede a certain amount of …

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Joe Biden goes to Wall Street for fundraisers after climate town hall

2020 Democratic U.S. presidential candidate and former Vice President Joe Biden speaks during the Presidential Gun Sense Forum in Des Moines, Iowa, August 10, 2019. Scott Morgan | Reuters Former Vice President Joe Biden is heading back to Wall Street for two fundraisers Thursday, the day after he participates in …

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Stocks could buck historical trend to turn out a September ‘surprise’

It could be a September to remember. Stocks started the month — historically one of the weakest of the year for the market — with a heavy sell-off, fueled by concerns around U.S.-China trade tensions and weaker-than-expected U.S. manufacturing data. The action, which sunk the major averages by roughly 1% …

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