|Day Low/High||52.74 / 53.73|
|52 Wk Low/High||36.66 / 55.61|
3pm blog update Heading into the homestretch of the trading week. All the major indices remain firmly in the green. Small biotech is having a very strong day, up about two percent this Friday. Some small cap movers today. Synergy Pharmaceuticals nic...
Markets have not changed much since our last update 90 minutes ago. Indices slightly down across the board in pretty listless trading so far. Markets look set to close out with minor losses for the week this Friday. Biotech continues to recoup some ...
Bearish names dominate this week and financials in particular.
The model has survived the test of time and consistently delivered market-beating returns.
According to KBW, these financial stocks are your best bets for 2017.
The aging of the U.S. population, rising healthcare costs, and the decline of defined benefit plans highlight the need for steady and reliable income sources. That's where annuities fit in
Bonds have outperformed stocks so far in 2016 with the Barclay's U.S. Aggregate Bond Index up 2 percent versus a 1.5 percent rise in the S&P 500.
The S&P is down 6% so far in 2016, but a tug of war between declining corporate earnings and a strengthening consumer will keep markets static for the foreseeable future.
Investors need to stick with China despite all the negative headlines about its slowing economy, said Karyn Cavanaugh, senior strategist at Voya Financial.
Investors seeking a steady payout should not shy away from annuities for fear of rising rates, says Chad Tope, President of ING Annuity & Asset Sales Distribution.
ING U.S., the second largest IPO of 2013 moves higher. CEO Rod Martin is worried that many Americans are not prepared for retirement.
The ING IPO looks good, but Cyprus-based QIWI can be passed according to IPO Desktop President Francis Gaskins.