Pedestrians carry Bloomingdale’s shopping bags while walking in New York. Craig Warga | Bloomberg | Getty Images Consumers are likely to have increased their spending in October, after a surprising pullback in September. The government’s October retail sales report, due at 8:30 a.m. ET Friday, is one of the most important data releases of the
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It was another quiet session for the stock market today. U.S. equities hovered close to break-even, while volatility remains low. To put it simply, investors aren’t willing to part ways with their stocks, even as they sit around all-time highs. However, that didn’t mean Thursday went by without drama. Much of it was seen in
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Square (NYSE:SQ) stock has been moving sideways in the last few months as markets have become concerned about the stock’s  valuation. Source: Jonathan Weiss / Shutterstock.com Square stock does trade at an expensive forward price earnings ratio of 66. However, I still believe that SQ stock will likely climb much higher after a period of
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Not that long ago, electronics and accessories manufacturer Logitech (NASDAQ:LOGI) was a popular short target. As recently as early 2016, even with the LOGI stock price at a relatively modest $15 or so, over 15% of its shares outstanding were sold short. Logitech stock looked cheap on a fundamental basis, but bears bet against LOGI
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In the investment world, there’s a lot of debate surrounding technical analysis. Some fundamentalists call technical analysis “hocus pocus” and think there’s nothing to it. Other traders, however, attest to the “price is truth” mantra, and believe that technicals give you the most insight about how and when to buy a stock. I’m not here
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One of the surprise hits in the markets this year is Home Depot (NYSE:HD). Not known for delivering much excitement, early investors were nevertheless rewarded with robust returns. Since January’s opening price, HD stock has gained nearly 38%. Not only that, the home improvement retailer has provided steady passive income along the way. Source: Helen89
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