Everything was going right for the stock market until Oct. 3rd. Then everything went wrong. Up to that point, the Dow Jones Industrial Average had been up about 8 percent for the year — a solid gain if not quite as gaudy as the year before. More importantly, the fundamental backdrop was solid: The economy
Month: January 2019
If there’s a jackpot winner in the next Mega Millions drawing, someone is going to have a very, very happy New Year. The top prize has climbed to $415 million for Tuesday night’s drawing. The last time someone hit the jackpot was Oct. 23, when a single ticket sold in South Carolina nabbed a whopping
Buy the S&P 500 at the close every day and sell it at the next open. Sounds wacky? You could have outperformed the market by 20 percent. According to Bespoke Investment Group, if one had implemented this so-called after hours strategy every day in 2018, it could’ve posted a 13.3 percent return. “This has really
Activision Blizzard shares moved down 1 percent in after-hours trading on Monday after the company said that it has informed its chief financial officer, Spencer Neumann, that it plans to let him go. For now he has been placed on a paid leave of absence. The news comes after a rough year for the gaming
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