Home / 2019 / December (page 7)

Monthly Archives: December 2019

Apple’s rally could be about to hit a wall, chart suggests

Apple has had a blowout 2019. The stock has soared 74% this year, easily the best performer on the Dow and tracking for its best annual increase in a decade. Those gains have added $473 billion to its market cap, the equivalent of nearly double Disney’s entire value. This could …

Read More »

6 key steps to retiring next year

For some, 2020 will be the year that retirement becomes a reality. For others, it will be a financial improbability. Retirement readiness nationwide is shaky overall. Only 23% of men and just 12% of women are “very confident” in their ability to fully retire with a comfortable lifestyle, according to …

Read More »

‘Dogs of the Dow’ investing strategy fails in 2019

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click .) In a year where almost every investment worked, a popular stock-picking strategy disappointed investors. The so-called “Dogs of the Dow,” a classic value investing strategy that simply …

Read More »

Wall Street prediction for next year is likely wrong

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) A long-ago world leader famously called politics “the art of the possible.” Wall Street strategists, for their part, practice “the art of the plausible.” Knowing that financial markets …

Read More »

Jim Cramer’s ‘Mad Money’ recap & stock picks Dec. 13, 2019

CNBC’s Jim Cramer gave viewers a peek at the week of earnings reports. Later in the show the “Mad Money” host says Costco has a China problem, but it’s not the tariffs on imports from the country. Cramer’s look at the week ahead An initial United States-China trade agreement appears …

Read More »

China trade deal let’s us focus on some big earnings reports

An initial United States-China trade agreement appears to finally be coming to fruition. CNBC’s Jim Cramer noted that the Chinese government has a history of backing away from its verbal commitments, but said the tariffs that remain on imports from China are a “powerful enforcement mechanism.” The “phase one” deal, …

Read More »

Adobe stock hits new record as investors cheer move to cloud

Shantanu Narayen, President and CEO of Adobe Systems. Hemant Mishra | Mint | Getty Images Adobe’s six-year transition from packaged software to the cloud has turned it into one of the hottest names in technology and lifted the stock to a record. Shares of the software maker, known for products …

Read More »

Value stocks could make a major long-term comeback in 2020

As stocks cross into the next decade at records, one top investor sees a major market shift underway. Rob Arnott, chairman at Research Affiliates, says it’s time to get back into value as its years-long downtrend begins to reverse. “We’ve seen more and more people give up on the idea …

Read More »

Nature’s Best Poetry of 2019: Clouds

Surfacing Every day, members of the Cloud Appreciation Society post photos of the sky from around the world. This is why they stop to look up. “It’s always a good year for clouds,” said Melyssa Wright, a meteorologist living in York, England, and member 23,652 of the Cloud Appreciation Society. …

Read More »

A Trump impeachment bad for your finances? Depends on your politics

House Speaker Nancy Pelosi (D-CA) speaks next to House Judiciary Chairman Jerry Nadler(L), Democrat of New York, House Permanent Select Committee on Intelligence House Committee on Oversight, and Reform Chairwoman Carolyn Maloney(R), Democrat of New York to announce articles of impeachment for US President Donald Trump during a press conference …

Read More »