Market News

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful.

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What to make of big, scary drawdowns that don’t meet the criteria for a bear market? Commonwealth's CIO Brad McMillan calls that a confidence bear market.

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The stock market spent most of last week trying to decide what the weak June jobs report meant for the stock market and the economy. The strong action of the S&P 500 early in the week and the ability to close at 2119 last Wednesday did not appear to convince many market skeptics to change their tune. There was little in the way of economic data to move the market last week but the sharp decline in global yields had many scratching their heads. A recent article by noted technical analyst Louise Yamada "Professionals Confused Over Stock Market" highlighted the quandary for investors. She proposed "three scenarios likely to emerge: a 40 percent chance of a trading range forming, a 40 percent chance for a breakout to new highs, and a 20 percent chance for a resumption of the bear market." Another force that I feel is driving the markets is the fear of some money managers who have been fighting the market rally this quarter. Those who have been underinvested may have to face unhappy investors once the quarter draws to a close. This could trigger another flood of buying before the end of the month. The news that George Soros was worried about a large stock market decline did increase the level of bearish commentary, As I mentioned in early May " The Bubble No One Is Discussing" many other hedge fund managers had expressed bearish views at the Sohn Conference but I also pointed out that many hedged funds have not performed that well lately. In fact a MoneyWatch article last week detailed what the market did in the past when news of a bearish outlook from George Soros hit the tape. Friday's comments from bond trader Bill Gross that "negative yields will lead to ‘supernova’-like market implosion" added fuel to the fire. As I advised last week " Investors - Look Before You Leap" that it is important to view any current market comments in the context of the analysts long-term record. Can investors plan for a Black Swan event?

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You need to dig deep for information on how to avoid college debt. Here's what you need to know.

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Looking at the universe of stocks we cover at Dividend Channel, on 6/15/16, American Railcar Industries Inc (NASD: ARII), PolyOne Corp. (NYSE: POL), and Canadian Natural Resources Ltd. (NYSE: CNQ) will all trade ex-dividend for their respective upcoming dividends. American Railcar Industries Inc will pay its quarterly dividend of $0.40 on 6/30/16, PolyOne Corp. will pay its quarterly dividend of $0.12 on 7/8/16, and Canadian Natural Resources Ltd. will pay its quarterly dividend of $0.23 on 7/1/16.

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LinkedIn's high 20%-to-mid-30% revenue growth simply was not enough to appease increasingly flighty stock market investors, who abandoned the company in early 2016.

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Alternative investments have become the Mona Lisa of portfolio allocation over the past 7 years: every allocator sees something different. While disguised as alternative investments, the reality is that the 7-year bull market has lulled managers into a false sense of security surrounding 'alternative' funds that really correlate to the stock market. The uncertainty surrounding market valuation and global macro risks in both the stock and bond markets dictate the need to move from what was traditionally viewed as alternatives, towards what we now call 'True Alternatives' in a portfolio. We define true alternatives as managers and strategies that can earn returns that are entirely uncorrelated to stocks, bonds, commodities and currencies.

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Last week we talked a lot about the German bund yield, the most important market in the world right now. Today we want to talk about how to trade it.

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Since the Lending Club scandal broke last month, several commentators have said that the company and other peer2peer and online lenders are headed for trouble. I have been following this industry for several years and happen to fall on the opposite side of the tracks.

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