Dangerous Dividend Warning Signs -- AAII Webinar

It's time for another AAII webinar, this one coming this Wednesday at noon, this time on how to avoid high risk stocks that promise high dividends but don't necessarily deliver.  What are the warning signs that a high-yielding dividend stock may be entering too risky territory?  Tune in and find out.  As always, preregistration is required, a link provided  below.  Hope everyone had a great weekend.  

9 Best Green Stocks to Buy Now

For the environmentally conscious among you, I submit the latest issue of U.S. News Invested with their picks of the hottest green stocks to buy right now.  As always, more detail on each stock can be had by clicking on the link provided below.  Hope everyone is having a great weekend. Are we braced for our first snow tomorrow?  

Wall Street ends higher with boost from big tech

Days like today are the reason investing is so much fun since the market is sometimes quite unpredictable. Today there was a plethora of bad news that should have sent the indexes tanking but instead investors ignored it all and went on a buying spree regaining much of the week’s losses.  The main bad news was a very unexpected big drop in consumer sentiment sending it to a 10-year low and putting doubts on the holiday retail season. Since the biggest retailers will be reporting next week, all eyes will be glued to them. 

S&P closes little changed as chips boost Nasdaq in subdued holiday trading

It was a day of such subdued trading for the Veterans Day holiday that, as today’s expert put it, “Days like today are really hard to judge because you essentially have half the market closed. Specific company events are driving today’s markets.”  And that’s exactly what happened. A single company, Disney, brought the entire Dow down when they sank 7% on their news of shortfalls in streaming subscribers and theme park revenues.  But the drive back towards tech stimulated the Nasdaq a bit though the S&P ended up flat. The chip index gained almost 2 percent. The good news is that volume, at 9.6 billion, was low and thus, “there will be a lot more trading tomorrow so we’ll have to wait and see what happens.” 

Wall Street ends lower as economic data raises long-term inflation threat

For the second day the market took a bath. Yesterday it was profit-taking. Today it was fear when the CPI report came out and did not quell investor anxieties about inflation, rather showing it to have spiked to a 31 year high. It says the report “hinted” that the global supply chain crisis “could” be the cause. I think there’s no doubt at all that the supply chain is the cause and that is why the Fed has been consistent in its position that this is transitory. 

Wall Street losses end streak of record highs as inflation worry weighs on market

As today’s expert says, “We’ve had an incredible run, so letting some air out of the balloon is perfectly normal. It’s a reminder that stocks can’t go up every day.”  So today was a day of profit-taking after eight straight sessions of record highs for the S&P and Nasdaq.  Now all eyes will be on the CPI report Wednesday to gauge how the inflation issue is going. Tesla took still another hit today as there are questions whether Musk violated their SEC agreement. Volume was a tad above average at just a hair over 11 billion. 

Wall Street closes up on infrastructure gains but Tesla weighs

It was another record breaking day for all three indexes as the S&P and Nasdaq hit eight consecutive records and the Dow too hit a new record soaring 104 points on the passage of the infrastructure bill which will largely benefit the cyclical blue chip companies.  As today’s expert said, “Investors are looking at that [the bill] as a very good thing for equity markets.”