Tag: Stocks

Given the negative impact the U.S. trade war with China has had on the broad Chinese equity market, Macau casino stocks have held up relatively well so far in 2019. Unfortunately, some gaming insiders are anticipating that luck will change in the second half of the year.Andrew Lo Kai Bong, executive director at Suncity Group Holdings, said Friday Macau gross gaming revenue could begin to fall in the second half of the year as trade war uncertainty and slowing growth in China weighs on appetite for gambling.In addition to the trade war, Lo said events such as Macau’s 20th anniversary

Most stocks pay their investors quarterly at best. That makes it a bit more challenging for those who rely on these payments to cover their monthly bills. While they can choose to invest in three sets of stocks that are on different payment cycles, an easier way to generate a consistent monthly income stream is to invest in a stock that pays a dividend every 30 days.While a few stocks pay monthly, one enticing option worth considering is Canadian midstream company Pembina Pipeline (NYSE: PBA).Pembina Pipeline pays out only about 57% of that stable cash flow to investors in support

President Donald Trump, gearing up for the official start of his 2020 campaign, warned that the U.S. would face an epic stock market crash if he’s not re-elected. “If anyone but me takes over,” Trump told his 61 million Twitter followers on Saturday, “there will be a Market Crash the likes of which has not been seen before!”

The Dow posted 71 record high closes in 2017, starting within a week of Trump’s inauguration, and another 15 in 2018, helped by the passage of a Republican tax bill.As Trump kicks off his re-election campaign, the chances of a recession the starting

IBM (IBM – Get Report) is a true turnaround story as the stock is regaining technical momentum and offers a generous dividend. Buy IBM on weakness to its 200-day simple moving average at $133.75 and add to positions on weakness to its semiannual value level at $126.75.The stock is one of the “Dogs of the Dow” for 2019 and is the cheapest Dow stock with a P/E ratio of 9.89 and a dividend yield of 4.81%, according to Macrotrends.Cloud computing and artificial intelligence through IBM’s Watson platform is the key to its turnaround story.IBM’s cloud computing is on modern mainframes

The golden cross is a technical chart pattern indicating the potential for a major rally. The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average.  The most famous golden cross, used and monitored by the Smart Money is when the 50 moving average cross over and above the 200 day moving average.

There isn’t a name for when price crosses over and above the 50 day moving average, while the 50 day moving average crosses over and above the 200 day moving average, but it’s statistical significant on the S&P

Restoration Hardware (RH), together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bath ware, décor, outdoor and garden, tableware, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online.Two months ago, RH fell more than 17% on Friday morning after announcing their quarterly earnings that didn’t meet expectations and gave a dismal forecast.  At that time, the weekly chart suggested if the weekly demand at $100 is breached, price will drop another