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Monthly Archives: September 2019

Watch for this key level in the semis space for a buy signal

Semis are coming out of a volatile summer stretch. The SMH semiconductor ETF, which counts Intel, Texas Instruments and Nvidia among its top components, rallied 26% from a June low to the year’s peak in July. From that top to an August low, it pulled back 13% before moving its way …

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How much a $1,000 investment in McDonald’s 10 years ago would be worth

McDonald’s has recently upped its drive-thru tech, taken a stance on harassment in the workplace and partnered with delivery service GrubHub. As the company continues to reinvent itself, not only is it good for business, but it’s also proven to be a positive for longtime shareholders. If you invested in …

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Beijing Daxing airport takes China closer to being world’s largest aviation market

People inside the new Beijing Daxing International Airport during its first day of operation in Beijing on September 25, 2019. AFP | Getty Images The Hartsfield-Jackson Atlanta International Airport is about to get some serious competition. It’s held the title of the world’s busiest airport in terms of passenger traffic …

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What to watch for in the market tomorrow: impeachment, Fed, Micron

U.S. President Donald Trump speaks to the media at the United Nations (U.N.) General Assembly on September 24, 2019 in New York City. Spencer Platt | Getty Images News | Getty Images Here are the most important things to know about Thursday before you hit the door. 1. Impeachment watch …

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Trader sees Costco headed to new highs on earnings

Costco is about to hit new all-time highs, says TradingAnalysis.com founder Todd Gordon. Shares of the big box retailer may have fallen more than 5% from the stock’s Sept. 6 record high, but Gordon thinks the charts are signaling another big rally. “[Costco has] pulled back to support and I …

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How investors are responding to impeachment inquiry

Stocks so far are shrugging off risks that President Donald Trump could be impeached, but investors may be betting that if he is, the market will ultimately rally, the way it did in the Clinton era. On Tuesday, House Speaker Nancy Pelosi announced that the House would investigate impeaching Trump …

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Investors like Chanos wonder if Trump’s positive trade talk is ploy to distract from impeachment

President Donald Trump speaks to reporters as he meets with Australia’s Prime Minister Scott Morrison in the Oval Office of the White House in Washington, U.S., September 20, 2019. Jonathan Ernst | Reuters As U.S. stocks climb and fall in response to President Donald Trump’s words (and tweets), some traders …

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John Coltrane Took a Detour in 1964. Now It’s a New Album.

John Coltrane’s creative flame was burning at its brightest in 1964. The saxophonist had recently let go of his fixation on complex, layered harmonies, and he would soon pioneer a dry, squalling approach to group improvisation — nearly abandoning Western harmony altogether, and changing the course of jazz history. Amid …

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Senate votes to block Trump national emergency over border wall

President Donald Trump speaks during his visit to a section of the U.S.-Mexico border wall in Otay Mesa, California, September 18, 2019. Tom Brenner | Reuters The Senate voted Wednesday to block President Donald Trump’s national emergency declaration over the southern border for the second time. Still, the Republican-held chamber …

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CEOs are exiting at a record pace with WeWork, Juul and Ebay bosses out in just the last 24 hours

Adam Neumann, CEO of WeWork. Eduardo Munoz | Reuters In just the last 24 hours, the CEOs of WeWork, eBay and Juul have all stepped down from their posts, the continuation of a record-setting pace of exits this year by the heads of U.S. businesses. U.S. based companies announced 159 …

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