Betting against the ferocious Trump rally can be costly. A mutual fund run by Catalyst Capital Advisors lost $600 million in just five days as the markets raced to record highs.
Donald Trump isn't the only problem for gun retailers since buyers no longer fear tougher laws are coming. Cabela's said demand also has waned after the San Bernardino shooting in December 2015 led to a big spike in sales.
The market has been red hot since Donald Trump was inaugurated. But is it premature to celebrate? Stocks actually tanked in the first month of the Reagan and Obama presidencies -- and soared after George H.W. Bush's inauguration.
Snapchat's parent company is prepping for the biggest U.S. tech IPO since Facebook, but it's the comparisons to Twitter that are giving investors pause.
All the turmoil in Washington isn't bothering Wall Street in the least bit. The Dow, S&P 500 and Nasdaq soared to record closing highs on Wednesday, the fifth-straight day of all-time highs.