The stock market is knee-deep in a painful correction right now, with 81% of the S&P 500 (SNPINDEX: ^GSPC) components having lost value in 2022. At the same time, market makers are judging every stock by the same ultra-strict standard right now. Remember: The market generally goes up in the long run, and every downturn in history has been followed by another bull market...
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Continue ReadingWhen the stock market is in a funk, as it is now, down 25% so far this year and firmly in bear market territory, it's easy to forget the power of a simple buy-and-hold investing strategy. Because every steep correction is invariably followed by a bull market, one that tends to go far higher than the previous peak before the downturn hit, those valleys tend to smooth out until they hardly even register on a stock chart. Bear markets are also typically measured in months, while bull markets are measured in years...
Continue ReadingOracle (ORCL) is using th... ORCL, AMZN, MSFT, GOOGL, GOOG, CERN...
Continue ReadingFedEx bottomed at 8.42X earnings in the depths of the Great Recession; today, its blended trailing P/E is 8.36. Read why now's the best time to buy FDX stock...
Continue Reading(Bloomberg) -- Dozens of Amazon.com Inc. workers at a Southern California air hub walked off the job Friday demanding raises of $5 per hour and better working conditions, the latest sign of employee unrest for the online retailer.Most Read from BloombergRolex Prices to Drop Further as Supply Surges: Morgan StanleyWorld Faces New Threats From Fast-Mutating Omicron VariantsPutin Tried for Years to Stop His Military From Using Western Parts — And Mostly FailedStocks Upended by Inflation Survey’s So...
Continue ReadingJPMorgan Chase’s third-quarter earnings dropped 17% as it set aside an additional $808 million for potential loan losses. JPMorgan shares climbed 1.7% Friday. Black Friday is starting well before Black Friday...
Continue ReadingAmazon stock traded down during the retailer's second major sales event of the year, with gross merchandise sales falling 25%...
Continue ReadingUlta has proven to be an extremely resilient retailer, successfully overcoming the Covid crisis, and the currently tough economic environment. Click to read...
Continue ReadingAlibaba stock prices continue to be directed by short-term events and disjointed from business fundamentals. Click here to read my analysis of the BABA stock...
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