Investing

Key takeaways Oil prices have steadily risen since the summer after the OPEC cut its supply New attacks in the Palestinian-Israeli conflict over the weekend sent oil prices spiking again The prices have retreated slightly, and the stock market rose after news emerged that Israel had taken control of Hamas-controlled…

I recently got a really good question from a reader, who wondered how our current market situation compares to the 2008–2009 crash. The short answer is that it really doesn’t. But the longer answer is much more interesting, and profitable, because it outlines the unique opportunity we now have to…

Higher mortgage rates are likely to drive home sales back to a 13-year low as more buyers put their searches on hold—but they aren’t scaring everybody away. Among the buyers still in the market: those relocating from more expensive places or taking advantage of less competition.  Housing market metrics this…

It recent weeks, the chances of the Federal Reserve hiking at their next November 1 interest rate decision appear to have diminished, in part, as longer bond yields have risen somewhat. Market expectations currently give a 1 in 10 chance of an interest rate hike in November, and statements from…

One storied value investor recently traded out of one bank in order to increase an investment in another. Edgar Wachenheim III’s Greenhaven Associates exited its Bank of America (ticker: BAC) investment in the third quarter, and bought more Citigroup stock (C). Greenhaven, which manages $7.7 billion of U.S.-traded securities, disclosed…

Share to FacebookShare to TwitterShare to LinkedinIn trading on Tuesday, shares of T-Mobile crossed above their 200 day moving average of $141.11, changing hands as high as $141.52 per share. T-Mobile US shares are currently trading up about 0.9% on the day. Start slideshow: 10 Stocks Crossing Above Their 200…

Secretary of State Antony Blinken said the U.S. is trying to confirm reports that several Americans are among the dead and missing after Hamas fighters from Gaza launched a surprise attack on Israel on Saturday. Blinken told NBC’s Meet the Press when asked if the U.S. would play a role…

Key News Asian equities had a positive day as Malaysia outperformed, Mainland China and South Korea underperformed, and Taiwan has closed again for Double Ten day. After the Asia close, Bloomberg reported that the Chinese government will spend $137B on infrastructure, pushing the budget deficit above the 3% level. The…

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