Smart Investing Today – Your Stock Market Market Digest Why David Einhorn Wants Two Flavors of GM Shares Billionaire investor David Einhorn’s is pushing General Motors Co. for changes to its share structure that the hedge fund hopes will kickstart returns. Enclosed are the key…
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Investors keeping powder dry, as macro data and geopolitics drive markets
Smart Investing Today – Your Stock Market Market Digest Investors keeping powder dry, as macro data and geopolitics drive markets Investors spent much of late last week digesting Wednesday’s equity market reset in hopes that the Trump trade remains intact. As a result, equity prices…
Failure Begets Failure: Dow Ticks Up 28 Points as Market Waits on TrumpCare Vote
Smart Investing Today – Your Stock Market Market Digest Failure Begets Failure: Dow Ticks Up 28 Points as Market Waits on TrumpCare Vote Stocks are ticking up today as the market waits for the results of the House of Representatives’ vote on President Donald J.…
Topping Out? Dow Dips 30 Points as Market Inspects the Damage
Smart Investing Today – Your Stock Market Market Digest Topping Out? Dow Dips 30 Points as Market Inspects the Damage The S&P 500 is little changed at 2,343.54 at 9:43 a.m. today, while the Dow Jones Industrial Average has fallen 29.33 points, or 0.1%, to…
SIT Market Update Newsletter for March 22, 2017
Smart Investing Today – Your Stock Market Market Digest Policy Worries Percolate: Bank Stocks, Small-Caps Tumble U.S. stocks are sinking fast on Tuesday as the Treasury market rallies. Some traders pointed to reshuffling of bullish positioning, while others expressed concern that hurdles to policy-making in…
SIT Market Update Newsletter for March 21, 2017
Smart Investing Today – Your Stock Market Market Digest Energy Calendar for Oil and Gas Traders: March 20 24 The energy sector contributed to ~6.5% of the S&P 500 on March 17, 2017. Oil and gas producers’ earnings depend on crude oil and natural gas…
SIT Market Update Newsletter for March 20, 2017
Smart Investing Today – Your Stock Market Market Digest How Western Digital Views Fiscal 3Q17 Western Digital (WDC) expects revenue of ~$4.6 billion in fiscal 3Q17 with a gross margin of 38.0% and operating expenses of $800.0 million. Read more… Jobless Claims, Housing Starts and…