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Stocks Keep Climbing as Chips Falter and ‘Everything Else’ Advances

Stocks Keep Climbing as Chips Falter and ‘Everything Else’ Advances

Chipmakers have led the market all year, but they could be losing their edge as investors position for new conditions into yearend. The Philadelphia Semiconductor Index ($SOX) dominated price action in the first half and remained the top performer through the end of...

Stocks Are Climbing an Epic Wall of Worry as Earnings Blow Past Estimates

Stocks Are Climbing an Epic Wall of Worry as Earnings Blow Past Estimates

An old adage states that "bull markets climb a wall of worry." It's especially true now. The S&P 500 fell 1.6 percent last Monday, its worst drop in over two months. But it immediately rebounded, and climbed the next four sessions. That resulted in gain of almost...

The Dow’s Smallest Member Has Pulled Back to a Trend Line

The Dow’s Smallest Member Has Pulled Back to a Trend Line

Travelers (TRV) doesn’t get much attention, but maybe it should. The insurance stock trended steadily upward since October. It made a new all-time high above $160 last week when Chubb (CB) bid for Hartford Financial (HIG). TRV quickly pulled back, creating a potential...

Netflix, P&G Teeter as Competition Grows: Earnings This Week

Netflix, P&G Teeter as Competition Grows: Earnings This Week

The last week of earnings showed increased competition hurting big companies like Netflix. The streaming-video giant added just 550,000 subscribers in the U.S. and Canada, about 39,000 less than expected. That confirmed worries about viewers shifting to new services...

Trade War Fallout? ‘Boring’ Stocks Are Making New Highs

Trade War Fallout? ‘Boring’ Stocks Are Making New Highs

President Trump's trade war with China has tech investors running for cover as some "boring" stocks keep climbing. Insurers, food companies and utilities aren't glamorous, but several names in each group hit new 52-week highs yesterday. Other un-flashy sectors like...

Insurers Tremble with Florence on the Move

Insurers Tremble with Florence on the Move

Hurricane season has begun, and insurers are trembling. Florence is expected to hit the Carolinas on Friday. It's already a category 4 hurricane, which makes it unusually powerful for a storm moving that far north. Property and casualty (“P&C”) insurers like...