If it weren’t for the “Giant 5,” your money would have been better off sitting in cash than the stock market over the past few years, according to Wolf Richter of the Wolf Street blog. Yes, investment gains since early 2017 have been completely dominated by Apple AAPL, +0.24% , …
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The U.S. got some great news Thursday with the rehiring of 4.9 million people in June, but the two steps forward the economy took in May and June could be followed by one step back in July. The problem? A resurgence in coronavirus cases, especially in states that allowed their …
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Nvidia Corp., long known as a graphics-chip maker for videogaming, is turning into more of a data-center company. Nvidia reported strong first-quarter earnings Thursday, as sales of data-center chips soared 80% and surpassed $ 1 billion in a single quarter for the first time, at $ 1.13 billion, while gaming …
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There are numerous things that a new homeowner has to take care of. The dozens of Myrtle Beach, SC condos for sale ads may have compelled you to purchase one for yourself, but now what? You have already done your new condo owner dance. Now, it’s time to make sure …
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3 minute read We’re in the middle of a global pandemic, and the stock market in well off its highs. 6.6 million Americans filed for unemployment in the week ending April 4th. Yes, interest rates are very low right now, and lots of homeowners could save money by refinancing their …
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With stock prices sinking fast, a client emailed me saying, “Your move, boss.” So here is our move: Especially in this coronavirus crash, we continue to seek out what we always look for globally — high-quality businesses that we can buy at a significant discount to fair value. We are …
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COMO, Italy — It’s Sunday morning in Como. It’s usually so busy on Sundays that I think twice about going downtown, but today the streets are deserted. All the bars, cafés and shops have signs on their doors saying, “Closed until further notice.” Even the cathedral in the main square …
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We’ve had some beautiful weather lately — spring IS on the way! This time of year I always get the urge to spray paint something after months of not getting outdoors much. I’ve talked about the joy of spray paint many, many times over the years. It’s such a cheap …
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Did the VIX just flash a contrarian buy signal? I’m referring, of course, to the CBOE’s well-known volatility index. VIX, +2.43% Considered by many to be the U.S. stock market’s “fear index,” the VIX is widely interpreted in a contrarian way: High levels indicate widespread fear, and therefore thought …
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