Stocks edge up, recovering a bit from Wednesday’s drop

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Stocks edge up, recovering a bit from Wednesday’s drop

Los Angeles Times
Solid gains among phone companies and some retailers helped nudge U.S. stocks higher Thursday, a day after the stock market had its biggest drop in eight months. Banks also recouped some of their losses. Energy and materials stocks fell. The rally came …

Futures Steady; Another FANG Stock Hits Big Milestone

Investor’s Business Daily
Once again, the FANG+ stocks led the way Wednesday. Apple (AAPL) and Amazon.com (AMZN) rose about 1.5% in Thursday stock market trading, with Netflix (NFLX) and Facebook (FB) climbing close to 2%. Google-parent Alphabet (GOOGL) was a relative …

Cramer Remix: The stink of Washington hasn’t thrown off these stocks

CNBC
Jim Cramer has found that the day after a market selloff, investors find comfort in a different kind of stock than they were buying on the day of the dip.

Asia-Pacific stocks stabilize after uneasy week of trading

MarketWatch
Stock markets were mostly steady in the Asia-Pacific region on Friday following strong rebounds off session lows a day earlier and overnight gains on Wall Street.

Stocks close higher as tech, economic data power rebound …

MarketWatch
U.S. stocks closed higher Thursday, following the previous session’s brutal selloff, as positive data offered a glimmer of optimism and technology provided an …

George Soros has added to his losing bets against the stock market

CNBC
George Soros, the hedge fund manager and active supporter of progressive causes added bearish options plays to his portfolio during the first quarter.

Drama in Washington Rattles Wall Street, and Stocks Dive – The …

New York Times
Investors have shrugged off previous turmoil in the Trump administration, but not the latest episode.

The wheels are coming off for US stocks, this classic gauge shows

MarketWatch
The Hagerty index peaked and then plunged in April 2008, a few months before U.S. stocks suffered the biggest crash in decades, suggesting it’s an early indicator of what could be in store for other asset classes.

Is Correction Or Crisis Starting For Stocks?

Forbes
Yesterday we talked about the disconnect between the daily drama from the media in Washington (doom and gloom), and what the markets have been communicating (an economic expansion is underway).

Why Google and Amazon Top the List of the 6 Best Tech Stocks to Buy

Fortune
“We look at Google’s AlphaGo victory as more important than the moon landing,” says Gavin Baker, manager of the $14.8 billion Fidelity OTC Portfolio, which invests largely in high-growth Nasdaq stocks and other tech firms. (AlphaGo is a “deep learning” …

Here’s What Happened to Stocks During Watergate and Other White House Scandals

Money Magazine
Stocks are enduring their worst stretch of 2017 as Washington is in the grips of yet another scandal that requires a special prosecutor.

There’s one big reason the stock market is becoming Trump-proof …

Business Insider
Corporate earnings growth has proven itself to be a more-than-capable safety net for US stocks – something that’s proven to be a necessity in an era where the …

Roundtable: 1 Stock I’m Never Selling

Motley Fool
To be blunt, if a company changes its business to such an extent that it’s no longer the business that I originally wanted to own, I most certainly will sell the stock. (I’ve done it before. After buying Freeport-McMoRan as a play on gold prices, I

BlackBerry is back! Stock soars after WannaCry attack – May. 18, 2017

CNNMoney
BlackBerry may still be known to most as the company that makes phones few people use anymore. But the WannaCry attack has reminded investors that …

Stocks close higher, rebound from biggest sell-off in 2017; Dow adds about 55 points

CNBC
U.S. stocks closed higher on Thursday, recovering from their worst day of 2017, as investors assessed President Donald Trump’s chances of moving forward with his pro-growth agenda.

Brazil’s stock market plunges after corruption claims

BBC News
Brazil’s Bovespa stock market was briefly halted as investors reacted to corruption allegations against Brazilian President Michel Temer.

Nvidia Stock Up On Price-Target Hike; Macom Rated A Buy

Investor’s Business Daily
Graphics chip maker Nvidia (NVDA) received a stock price-target increase on Thursday from investment bank UBS, sending its shares higher.

Cramer: The bull case for staying in stocks through a market dip

CNBC
Jim Cramer shares his take on why investors shouldn’t let Washington worries get to their portfolios.

Investors Cheer Asia’s Best Stock Market One Year Into Tsai’s Rule

Bloomberg
One year into Taiwan President Tsai Ing-wen’s rule, investors are tallying up their winnings. The island’s benchmark stock index has surged 32 percent in U.S. dollar terms since Tsai’s inauguration, the best performance among Asian peers. Foreign funds

Stocks Off To A Wobbly Start As Manufacturing Data Bolster Mood

Investor’s Business Daily
Stocks opened to narrow gains, then turned mixed Thursday, as strong manufacturing and jobs data, mixed earnings news helped set the early tone.

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