Investing

Oil pumpjacks in the Permian Basin oil field are getting to work as crude oil prices gain. Spencer Platt | Getty Images CNBC’s Jim Cramer said Monday he could see the oil industry experiencing a significant wave of bankruptcies if low crude prices persist.  Of the more than 35 companies in the oil industry he

Stock trading app Robinhood is rolling out trading in bitcoin and ethereum in February for customers in five states. Source: Robinhood Free stock trading pioneer Robinhood is experiencing another major outage on Monday, keeping clients on the sidelines during another historic day for stocks.  “Trading is currently down on Robinhood and we’re investigating the issue,” the

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 2, 2020. Brendan McDermid | Reuters V-shape? U-shape?  L-shape?  Wall Street strategists are engaged in a fight over whether the coroanvirus outbreak is a one-quarter hit to earnings and the economy or whether it is a multi-quarter phenomenon. 

Panic selling not only locks in losses but also puts investors at risk for missing the market’s best days. Looking at data going back to 1930, Bank of America found that if an investor missed the S&P 500’s 10 best days in each  decade, total returns would be just 91%, significantly below the 14,962% return

Source: Leidos A government contractor Stifel deemed “The Terminator” could be one of the best bets to lead the market back after the coronavirus sell-off, according to Wall Street analysts.  Analysts have been getting behind Leidos as the outbreak has spread around the world. In the last three weeks, Wells Fargo and Stifel upgraded the stock to

Investors who have long time horizons should continue to take advantage of the stock market’s pullback due to coronavirus fears, National Economic Council Director Larry Kudlow told CNBC on Friday.  “Long-term investors should think seriously about buying these dips,” Kudlow, President Donald Trump’s top economic advisor, said on “Squawk on the Street.“ Kudlow, formerly a longtime CNBC commentator, said

Virtu Financial founder Vincent Viola said Friday that the strength of the U.S. economy is a signal that now is a good time to buy stocks despite the recent sell-off.  Viola told CNBC’s Scott Wapner on “Halftime Report” that the labor market showed that the U.S. economy was still strong. “I am of the opinion

Traders work on the floor of the New York Stock Exchange on February 27, 2020. Scott Heins | Getty Images Fears that the fast-spreading coronavirus will disrupt global supply chains and tip the economy into a recession are gripping investors on Wall Street. In a tumultuous week for stocks, the 30-stock Dow swung 1,000 points

Traders work on the floor at the New York Stock Exchange, March 2, 2020. Brendan McDermid | Reuters The world economy will bounce back quickly from the coronavirus outbreak, and investors should buy into cyclical stocks to catch the comeback, a top JPMorgan strategist said. The hit to the global economy during the first quarter

Greycroft chairman Alan Patricof said Thursday the recent market pullback was a “blip” and that investors should remain calm. “This is a blip, and we’ve seen a lot of blips in the last 20 years,” Patricof said on CNBC’s “Closing Bell.” Stocks sold off dramatically again on Thursday, continuing a volatile period of trading that

Sam Zell, who made his fortune scooping up distressed assets, told CNBC on Thursday that he’s been taking advantage of the stock market’s volatility. The billionaire founder of Equity Group Investments said in a “Squawk Box” interview, “We’ve been buying some stuff that we thought was ridiculously low” in the recent coronavirus-driven sell-offs on Wall

A worker stands on the roof of a home under construction at a new housing development in San Rafael, California. Getty Images Stocks of the nation’s biggest homebuilders jumped after the surprise 50 basis point rate cut by the Federal Reserve. The homebuilders’ ETF (ITB) hit session highs in the morning, up nearly 2.3%, and

As the sustainable investing movement gains traction investors have increasingly shied away from traditional energy stocks. But ValueAct Capital’s Jeffrey Ubben believes that oil and gas companies that are working to clean up their operations can belong in portfolios focused on sustainable companies. The activist investor, who is the co-portfolio manager of the ValueAct Spring Fund,

Trader on the floor of the New York Stock Exchange. Lucas Jackson | Reuters The market’s swift decline from record highs sparked by the coronavirus outbreak has left investors wondering when the bleeding will stop. On Feb. 19, the S&P 500 hit an all-time high. Just a week later, the broad market average traded in

Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, Oct. 30, 2019. Susan Walsh | AP The market’s disregard for the Federal Reserve’s emergency interest rate cut doesn’t surprise Josh Brown, who called the decision “ill thought out.”  “This is to make people feel better. OK, fine. So then do it the

People inside the offices of JP Morgan Chase in New York City. Getty Images Bank stocks sold off in unison on Tuesday following the Federal Reserve’s emergency rate cut to combat an economic slowdown triggered by the fast-spreading coronavirus. The weakness by the group kept the overall markets’ gains in check. Shares of JPMorgan and

Robinhood on Tuesday reported technical issues for a second day following an outage that kept clients from trading on a historic market rally. As U.S. stocks traded actively again in wake of a surprise Fed rate cut, Robinhood reported a “major outage” for trading across its platform. Earlier updates on the site said that all

Federal Reserve Chair Jerome Powell holds a news conference following the Federal Open Market Committee meeting in Washington, December 11, 2019. Joshua Roberts | Reuters The Federal Reserve is likely to join other global central banks in cutting interest rates aggressively in response to the coronavirus scare, Goldman Sachs economists said Sunday. With fears over

Jeremy Siegel David Orrell | CNBC Wharton School finance professor Jeremy Siegel said Monday the U.S. could suffer a near-term recession because of the negative economic impact from the fast-spreading coronavirus. “We could really have a short, quick recession,” Siegel said on CNBC’s “Squawk Box.” “There’s a lot of uncertainties.” The confirmed cases of coronavirus infections in

As fears from Ebola and a global slowdown spread, stocks plunged on October 15, with the Dow falling more than 400 points during the afternoon before recovering slightly. Getty Images The market could see a pop this week after last week’s steep sell-off, based on simple historical analysis. Though the coronavirus remains a developing health