The share of workers who say they get Summer Fridays has dropped dramatically in recent years. Just 11% of North American workers say they have access to Summer Fridays, according to a November 2023 survey from Gartner of more than 1,100 people. In 2019, however, 55% of organizations offered the benefit, and…
Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with the additional shares being distributed on Feb. 23. And from there, it picked up steam. On Thursday, Williams-Sonoma announced a 2-for-1 split, and on Wednesday, Broadcom announced…
More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates. New listings from home sellers jumped in May, up 13% from a year ago, according to the latest market report by Zillow. “You have an increase in sellers coming back on…
Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages of some undelivered jets, two people familiar with the matter said. The latest in a series of manufacturing snags affecting the U.S. planemaker involves incorrect “torquing” or…
The week that went by was in stark contrast to the week before that as the markets remained in an extremely narrow range before closing with modest gains. The markets demonstrated a peculiar feature over the past five sessions; on four out of five trading days, the Nifty 50 came…
The broader market is fairly mixed with one clear leader: technology. I am also seeing mixed performance within the technology sector and within specific groups. Semiconductors are strong overall, but groups like cybersecurity are more mixed. This makes it a stock pickers market. In such conditions, I am looking for…
As consumers become more selective in their spending, restaurants and travel remain bright spots in consumer spending. With American Express’s focus on premium customers who continue to spend in these categories, AXP is positioned to outperform its industry. As they focus on a younger customer base and grow their presence…
“We are in the business of making mistakes. Winners make small mistakes. Losers make big mistakes.” — Ned Davis There are zillions of cliches that paraphrase what Ned Davis said. The umbrella axiom with your portfolio should be to cut your losers. Nude investing is what I label an investor…
In this StockCharts TV video, Mary Ellen reviews the overbought condition in the markets after last week’s move to a new high in price. She highlights select areas that pushed the markets higher and covers NVDA, AAPL, and more. She also discusses the anatomy of a true downtrend reversal. This video…
There is no denying the strength of the bullish primary trend for stocks off the April low. The Nasdaq 100 index continues to make new all-time highs, closing just under $480 on Friday after gaining about 3.5% over the last week. But will this incredible uptrend continue into July and August? We’ve…