Featured Blogs by Russell Markham
VectorVest Smart Investing Blogs
Weekly Market Recap: From Selloffs to Optimism
Monday: Wall Street started the week in negative territory due to rising treasury yields and concerns about upcoming economic data. The Dow, S&P500, and Nasdaq fell by 0.9%, 1.0%, and 1.2%, respectively. Tuesday: A tech stock rebound helped the Major Indices recover from Monday’s losses. The Dow gained 0.3%, the S&P500 increased 1.0%, and the Nasdaq surged 1.5%. Wednesday: [...]
An Understanding of Earnings Growth
Written by: Angela Akers Q3 Earnings season kicked off in earnest Friday with a couple of the big banks up to bat; JPMorgan Chase (JPM) and Wells Fargo (WFC). JPM beat on both the top and bottom lines, while WFC beat on earnings, but revenues were in line with expectations. Next Tuesday, we’ll see where the other big banks, [...]
Wells Fargo Climbs 5% on Solid Q3 Earnings, Lower Interest Rates: Is it Time to Buy WFC?
Wells Fargo (WFC) disclosed its third-quarter earnings results this morning and shares are up more than 5% so far today. The company easily surpassed Wall Street expectations for the bottom line, although revenue fell just short of the consensus estimate: Adjusted earnings per share: $1.52 compared to the $1.28 consensus. Revenue: $20.37 billion compared to the $20.42 billion consensus. [...]
All Eyes Are on Tesla Heading into Thursday Night’s Robotaxi Event: Should You Buy the Hype?
Elon Musk mentioned a while back that the real value of Tesla (TSLA) was in robotaxis. Investors and the market as a whole have patiently waited for advancements in the technology, and we’ll get our first true look into the company’s plans tonight as it unveils a physical prototype. This was something we were expecting to see in the [...]
Boeing Stock Slides Lower on Fear of Downgrade: Is it Time to Cut Losses on BA?
Shares of The Boeing Co. (BA) are down more than 2% Wednesday morning, adding to the losses the stock has faced over the past year. The catalyst today is a potential downgrade for the company’s bonds. S&P Global Ratings sees concerns with the business from a cash perspective, and the mass worker strike currently taking place is only going [...]
A Soft Landing for the U.S. Economy?
There has been much discussion in the media recently about how the Federal Reserve (the Fed) has successfully managed to direct the U.S. economy to a soft landing. But what does that actually mean and, ultimately, how does that impact investors? Here, we find out. What a soft landing looks like In economic terms, a soft landing is when [...]