U.S. Adds 222,000 Jobs in June Hiring Surge
https://alaricsecurities.com/u-s-adds-222000-jobs-june-hiring-surge/
Now hiring signs are everywhere these days. The U.S. economy created 222,000 new jobs in June, well above Wall Street’s forecast. The U.S. unemployment rate was 4.4%. WASHINGTON (MarketWatch) — The U.S. created 222,000 new ...
Tesla’s Stock Tumbles into Correction Territory but Analyst Sees New Highs Ahead
https://alaricsecurities.com/teslas-stock-tumbles-correction-territory-analyst-sees-new-highs-ahead/
Shares of Tesla Inc. tumbled into correction territory Wednesday, in the wake of downbeat deliveries data, but analyst Ben Kallo at Baird suggested the weakness would be relatively short lived as investors start focusing on ...
Opinion: 5 Hot Consumer Stocks to Buy — Beyond Amazon
https://alaricsecurities.com/opinion-5-hot-consumer-stocks-buy-beyond-amazon/
Stocks continue to climb in 2017, with the S&P 500 index up about 9% year-to-date. And some of the biggest winners this year have been consumer-related names. It’s no surprise why. Unemployment hit its lowest ...
U.S. Stock Market Climbs as Wall Street Tries to Rally from Worst Daily Fall in a Month
https://alaricsecurities.com/u-s-stock-market-climbs-wall-street-tries-rally-worst-daily-fall-month/
U.S. stock-market indexes Wednesday traded higher, with equities attempting to rebounding from a technology-led downdraft in the previous session. A Senate delay of a closely watched vote on a bill to overhaul of the Affordable ...
New-Home Sales Roar Back in May after April Showers
https://alaricsecurities.com/new-home-sales-roar-back-may-april-showers/
Sales of newly-constructed homes rebounded in May, and government data was revised to show a stronger spring selling season than had been previously reported, another sign that the housing market remains on firm footing. New-home ...
Stock Market Struggles to Return to Record Territory
https://alaricsecurities.com/stock-market-struggles-return-record-territory/
U.S. stocks put in a mixed performance Wednesday as investors focused on volatile oil prices, which stabilized after dropping to lowest levels in more than seven months. Comments from Iran’s oil minister about the possibility ...
Amazon to Acquire Whole Foods for $13.7 Billion
https://alaricsecurities.com/amazon-acquire-whole-foods-13-7-billion/
Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, a bombshell of a deal that catapults the e-commerce giant into the supermarket business with hundreds of stores across the U.S. Amazon agreed to pay $42 ...
Godfather of Chart Analysis Says Dow Can Hit 22,900 — as Long as Tech Doesn’t ‘Roll Over’
https://alaricsecurities.com/godfather-chart-analysis-says-dow-can-hit-22900-long-tech-doesnt-roll/
Can the Dow Jones Industrial Average surge above 22,000 this year? Prominent market technician Ralph Acampora thinks the stock market, and specifically the Dow Jones Industrial Average, has more than 7% left to climb by ...
May ETF Flows: International, Tech Funds Lead (EWX, FEZ)
https://alaricsecurities.com/may-etf-flows-international-tech-funds-lead-ewx-fez/
May was just another month at the office for exchange-traded funds (ETFs) as investors continued pouring into ETFs. Data indicate that equity ETFs remain the primary destinations for investors, but fixed income funds are gathering ...
This Trend Points to More Stock Gains Even as Everything Around Us Hits the Fan
https://alaricsecurities.com/trend-points-stock-gains-even-everything-around-us-hits-fan/
More blood spilled in the streets of London, more ridiculous tweets out of the White House and still more questions raised about how this stock market can possibly keep up its bullish pace in the ...