| | FREE Ben Stein Retirement Guide | | | | | There's a new report just out from famed author, actor and economist Ben Stein…
In this FREE REPORT, Ben reveals the lessons he learned from his late father and economist Herbert Stein.
He covers… - Two critical lessons from his father about the financial crises he was forced to overcome.
- How everyday Americans are currently ruining their retirements (and how they could stop the bleeding).
- Plus, so much more!
All you have to do is request your Free Report today and a copy will be sent to your doorstep ASAP. Click Here to Request Your Free Ben Stein Report Today! | | | | | | DOW 34,089.27 | -0.46% | | | | S&P 4,136.13 | -0.03% | | | | NASDAQ 11,960.15 | +0.57% | | | | *As of market close | | • | Markets traded mixed on Tuesday, in a choppy trading session. | | • | Oil declined 1.2 percent, closing at $79.15 per barrel. | | • | Gold rose 0.1 percent, going for $1,866 per ounce. | | • | Cryptocurrencies traded higher, with Bitcoin at $22,162 at the market close. | | | | | | | | | | Cash-Gushing Companies Rewarding Shareholders Should Be a Top Buy Now | | | | It can be tough to decide what to buy in any market. Following last year's bear market, which seems to be fading, one strategy might be to buy heavily shorted stocks. In the short-term, that may work. For longer-term investments, however, it may be prudent to invest in companies with solid growth and tremendous cash flow. That's because cash flow can be used to grow the business, buy a competitor, or even reward shareholders with dividends or buybacks. » FULL STORY | | | | | | Insider Trading Report: Super Micro Computer (SMCI) | | | | Leung Chan, a director at Super Micro Computer (SMCI), recently bought 3,000 shares. The buy increased the director's holdings by 12 percent, and came to a total cost of $256,440. The director was the last buyer of shares in November, picking up 1,525 shares for $127,338. Generally, company insiders have been sellers of shares, particularly a director and the company CEO, who both own substantial holdings. » FULL STORY | | | | | | Unusual Options Activity: Canadian Imperial Bank of Commerce (CM) | | | | Shares of international bank Canadian Imperial Bank of Commerce (CM) have slid over 25 percent in the past year. One trader sees a further decline for the stock in the months ahead. That's based on the September $35 puts. With 212 days until expiration, 5,500 contracts traded compared to a prior open interest of 158, for a 35-fold rise in volume on the trade. The buyer of the puts paid $0.45 to make the bearish bet.
» FULL STORY | | | | | | • | Investors Pull Money from Equity and Bond Funds
Investors have pulled $31 billion from U.S. mutual funds and ETFs since the start of the year. That marks the longest streak of outflows since the summer, and the most funds pulled from funds since 2016. Investors are increasingly moving towards individual stocks rather than funds. | | | | • | Ford to Build Battery Plant in Michigan
Ford Motors (F) has announced that it's spending about $3.5 billion to build a batter plant for its electric vehicle production needs. The plant will be built in Marshall, Michigan, about 100 miles from Detroit. The move comes as other electric vehicle producers have been working to expand their in-house needs for batteries and other tech. | | | | • | Mattel Prepares to Relaunch Barney
Toymaker Mattel (MAT) is relaunching the franchise of Barney, the purple dinosaur that ran a live-action children's television show for nearly two decades which ended in 2010. The relaunch will be animated, and include television, film, toys, books, clothing and other accessories. | | | | • | Meta Prepares Further Layoffs
Meta Platforms (META), the parent company of Facebook, is preparing another round of layoffs, which are expected to take place around March. A specific number of layoffs are unknown , but would follow up on the company's 13 percent staff layoff last year, amounting to 11,000 employees. | | | | • | Half of Twitter's Top Advertisers Have Left
More than half of the top 1,000 advertisers on Twitter have stopped spending on the platform, according to industry data. That includes the companies that have publicly stated that they have stopped of paused their spending on the platform. | | | | | | TOP | | TSLA | 7.506% | | | APTV | 7.377% | | | CNDS | 7.211% | | | ECL | 7.161% | | | NVDA | 5.43% | | | BOTTOM | | LDOS | 5.461% | | | MMC | 4.006% | | | AJG | 3.57% | | | LUMN | 3.079% | | | AON | 2.788% | | | | | | | | | The Goldilocks-like mix of industrial production recovery and falling inflation we expect this quarter has helped boost risk appetite and equities. | | - Ray Farris, analyst at Credit Suisse, on why economic data has been conducive to the market's performance so far this year, a trend that may not last. | | | | FREE Ben Stein Retirement Guide | | | | | There's a new report just out from famed author, actor and economist Ben Stein…
In this FREE REPORT, Ben reveals the lessons he learned from his late father and economist Herbert Stein.
He covers… - Two critical lessons from his father about the financial crises he was forced to overcome.
- How everyday Americans are currently ruining their retirements (and how they could stop the bleeding).
- Plus, so much more!
All you have to do is request your Free Report today and a copy will be sent to your doorstep ASAP. Click Here to Request Your Free Ben Stein Report Today! | | |
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