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 ...
Note Ban Shows up in India’s Growth, Economy Grows 6.1% in March Quarter
https://alaricsecurities.com/note-ban-shows-indias-growth-economy-grows-6-1-march-quarter/
NEW DELHI: India’s economic growth slowed to 7.1 per cent in 2016-17, the year in which 87 per cent of the currency was demonetised, despite a very good showing by the agricultural sector. The Gross ...
Gold Prices Poised for Third Weekly Gain
https://alaricsecurities.com/gold-prices-poised-third-weekly-gain/
Metals trades at highest level of the month on geopolitical uncertainty Gold on Friday traded at their highest level of the month, setting prices up for a third weekly gain in a row as a ...
Stock Market Ticks Up as Investors Await Fed Minutes
https://alaricsecurities.com/stock-market-ticks-investors-await-fed-minutes/
U.S. stocks traded slightly higher on Wednesday, though activity was subdued ahead of minutes from the Federal Reserve’s latest meeting, which could quell doubts about a June interest-rate increase. The Dow Jones Industrial Average DJIA ...
The Wheels are Coming off for U.S. Stocks, This Classic Gauge Shows
https://alaricsecurities.com/wheels-coming-off-u-s-stocks-classic-gauge-shows/
Classic collectables could show the way stocks are driving. Another day, another Trump controversy. Fresh reports that the president’s team was in contact with the Russkies during the presidential race are keeping the White House ...
Retail Sales Strengthen in April, Brightening Economic Outlook
https://alaricsecurities.com/retail-sales-strengthen-april-brightening-economic-outlook/
Sales at U.S. retailers rose in April, and March sales were stronger than originally estimated, painting a stronger picture of American consumers than previously reported. Retail sales increased 0.4%, the Commerce Department said Friday, and ...