The Organization of the Petroleum Exporting Countries (OPEC) and its allies meet this week and will reportedly consider a production cut of over one million barrels per day to address what it considers a weak market. That would mark the biggest move by the oil cartel since the onset of the COVID-19 pandemic. Oil prices have fallen
admin
A comfortable retirement is a big priority for Americans and one that’s becoming even more important with life expectancy on the rise. According to the U.S. Census Bureau, the average retirement lasts for 18 years, and many retirees have retirements that last for 20 years or more. Careful planning is a core part of preparing
Take a look at some of the biggest movers in the premarket: Credit Suisse (CS) – Credit Suisse slid 6.1% in premarket trading after the bank sought to calm the fears of investors and clients about its financial health over the weekend in a series of phone calls. Tesla (TSLA) – Tesla dropped 5.7% in
If you’re looking for cheap Cathie Wood stocks to buy in October, you might want to stay away from the controversial portfolio manager’s latest fund. On Sept. 27, Wood’s investment firm, Ark Invest, announced that it had launched the ARK Venture Fund, a closed-end fund that invests in both public and private companies. For a
This year’s market downturn has been brutal, even for steadier, less speculative stocks. With little sign concerns like inflation, interest rates, and a possible recession aren’t going away anytime soon, this trend could carry on in the months ahead. However, there is a silver lining. The 2022 bear market has created great opportunities among consumer
It’s not every day that you can see the world changing around you, but 5G technology is one of the innovations that has wide-ranging implications on everyday living. That’s why it’s important to be looking for the best 5G stocks to buy. The fifth-generation mobile network delivers higher multi-gigabit peak data speeds and improved reliability
It’s imperative to understand that not all of the best long-term stocks are typically high risk, high reward. They require investors to believe in their long-term potential to gain traction and cement their positioning in their respective sectors. The reward for long-term stocks tends to be quite high. However, there’s no certainty that the thesis
I’ll admit that, among the smaller electric vehicle pickss, Canoo (NASDAQ:GOEV) stock has a lot more going for it. This maker of specialty EVs (for functions such as deliveries) has built up an impressive backlog of orders. Not only that, there’s another promising sign with this EV play: insider buying. Yet while you may see
In an effort to be transparent and prevent conflicts of interest, the Ethics in Government Act requires many elected officials to file an annual financial disclosure statement that reveals their assets, investments, and businesses interests. Senators are one of the groups of people who must make this disclosure. Their statements are made available to the public and
Janet Louise Yellen is an American economist and educator. As a member of President Joe Biden’s Cabinet, Yellen is the first woman to head the U.S. Treasury Department and the Federal Reserve. She is the first person in history to head both of those groups and the White House Council of Economic Advisors. Yellen is
Despite their infamous reputation and presumed involvement in the financial crisis of 2007-2008, there are several different arguments in favor of allowing market participants to trade and own mortgage-backed securities (MBS). At its basic level, an MBS is any investment solution that uses commercial or residential mortgage or a pool of mortgages as the underlying
The utilities sector encompasses all companies whose core business involves producing, generating, or distributing basic utilities: gas, electricity, and water. The average debt-to-equity ratio, or D/E ratio, for the utilities sector in the second quarter of 2022 was 0.12. In the fourth quarter of 2018, it reached .15, which was enough for Moody’s Investors Service
The U.K. is the highest net exporter of financial services and London, with its convenient time zone, use of English and feather-light regulations, is the world’s financial capital. Various cities, including Venice and Amsterdam, have held and lost the title throughout history. Brexit and the possible loss of passporting rights of firms in Britain have
In this episode of The Investor’s Podcast, Stig and Preston have a fun and casual conversation with Gregg Pisani – a former trader on the floor of the NY Stock Exchange. Gregg discusses the typical work day and what it’s like processing millions of trades each day. If you’ve ever wondered what all those people
In today’s episode of let’s talk stocks, we are going to take a look at the descending triangle pattern, which is a continuation pattern. I’m going to show you what this pattern looks like, the previous trend, volume, projections, entry points, and a few final tips for trading this pattern. #descendingtriangle #chartpattern #technicalanalysis #stockpattern #trianglepattern
Your credit report provides a snapshot for prospective lenders, landlords, and employers of how you handle credit. For any mortgage, car loan, personal loan, or credit card you have had, your credit report lists such details as the creditor’s name, your payment history, account balance, and, in the case of credit cards and other revolving
Market Weight vs. Equal Weight S&P 500 ETFs: An Overview Think of the S&P 500 like a pie chart: with a market weight ETF, the pie is broken up into slices based on market cap. With an equal-weight ETF, all the slices are the same size, regardless of the size of the company or sector.
Fidelity Management & Research is one of the largest, most recognizable mutual fund and brokerage providers in the United States. Edward Johnson founded the company in Boston in 1946, and today it is led by his granddaughter, chair and chief executive officer Abigail Johnson. As of October 2022, Fidelity services 40 million investors and has
The time it takes a savings bond to reach face (par) value depends on the series of bond and the value at which it was sold. There are presently three different series of U.S. savings bonds. Series EE and Series I are intended to be savings bonds, and Series HH is intended to be an
If you’re saving for retirement in a Roth IRA, index funds and actively managed mutual funds are two of your investment options. Both help diversify your portfolio, but they have different investment objectives, management styles, and—especially—costs. Key Takeaways You can hold a variety of investments in your Roth IRA, including actively managed mutual funds and