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3 Stocks That Could Be Easy Wealth Builders

2 years 8 months ago
What's the best way to build wealth? Invest in a diverse selection of quality companies and hold on to them for the long term -- ideally, about 20 players or more for at least a decade. Over time, they could deliver top returns and set you on the path to financial freedom.

Crude Prices Slump on Chinese Energy Demand Concerns

2 years 8 months ago
April WTI crude oil (CLJ24 ) on Friday closed down -2.12 (-2.70%), and Apr RBOB gasoline (RBJ24 ) closed down -5.82 (-2.27%). Crude oil and gasoline prices on Friday retreated on concern about Chinese energy demand. Crude was also under pressure from signs that Israel will join peace talks in...

Why Solar Energy Stocks Plunged This Week

2 years 8 months ago
There wasn't much good news for the solar industry this week, as earnings season brought bad report after bad report. Residential solar companies are suffering most because of policy changes in Europe and California, just as higher interest rates were making it harder to economic

Nat-Gas Prices Sink as Warm Winter Temps Engulf the U.S.

2 years 8 months ago
March Nymex natural gas (NGH24 ) on Friday closed -0.129 (-7.45%). Nat-gas prices on Friday closed sharply lower as a shift in U.S. weather forecasts to warmer sent nat-gas prices tumbling. The Commodity Weather Group said "strong warmth" is expected for the mid-western to the eastern parts of the U.S....

Record High Stocks Weigh on the Dollar

2 years 8 months ago
The dollar index (DXY00 ) this morning is slightly lower but remains above Thursday’s 3-week low. The dollar is under pressure today from the rally in the S&P 500 to a new record high, which has curbed liquidity demand for the dollar. Lower T-note yields today are also undercutting the...

Mexican Peso: Will the Peso Surge Due to Monetary Policy and a Seasonal Buy?

2 years 8 months ago
Who will cut rates first, Banxico (Mexico's Central Bank) or the Federal Reserve (US Central Bank)? With a 5.75% spread (favoring Mexico) of short-term interest rates, the carry trade has money flowing into the Mexican Peso. As both countries prepare for upcoming elections, there is sure to be volatility in both currencies. How can traders take advantage of this information?

Why MercadoLibre Stock Took a Dive Today

2 years 8 months ago
Shares of MercadoLibre (NASDAQ: MELI) were sliding today as a narrowing gross margin and expectations of slowing growth seemed to overshadow a strong quarter. The company's reported profit was also impacted by a one-time tax liability.
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