Finance professor Jeremy Siegel still expects the Dow to hit 18,000. But he's concerned about the labor force and commodity prices.
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The financial industry will be front and center during this shortened trading week.
By Don Dion, TheStreet
Here are the five exchange-traded funds to watch this week.
The financial industry will be front and center during this shortened trading week as a combination of Wall Street giants and smaller regional players release their quarterly earnings reports. Notable names on tap include Bank of America (BAC), Goldman Sachs (GS), Fifth Third Bancorp (FITB), U.S. Bancorp (USB) and Wells Fargo (WFC).
KBE is an ideal product for investors looking to take a broad approach to tracking the financial industry. The fund is topped by industry leaders but sets aside a considerable portion of its portfolio for smaller, more volatile regional institutions.
In 2010, financials faced pressure from Washington as lawmakers sought to construct sweeping reform legislation. With the bill completed and passed, it will be interesting to watch how banks react in the new year.
If you're afraid to get into the market after its big run, consider these high-quality underperformers.
This market is driven by fear. It's the fear that everyone has of being the last guy in the pool, of looking ridiculous to customers, friends or relatives. They just can't come in "up here," and that's why we don't have a lot of noninstitutional participation.
Worse, judging by the horror stories, many people seemed to have been hiding in leveraged municipal bond funds or tax-exempts of the dubious variety because they were so afraid of stocks. They are "all in," but they are in the wrong pool!
By the time they give up and get in, the water will most certainly not be fine.
The company's COO has been running operations since 2007 and is the obvious choice to become its next chief executive.
Why? Cook has been running the day-to-day business at Apple since 2007 and has made some important changes. He has also served as Apple's chief executive twice -- in 2004, after Jobs had pancreatic-cancer surgery, and in 2009, when Jobs took a five-month leave to recover from a liver transplant.
Cook is in the spotlight today after Jobs announced he is taking another medical leave. The odds are increasing that Cook will be the anointed one if Jobs ever steps down as chief executive. So who is this guy, anyway?
Venti too small? The mondo 31-ounce Trenta will help the coffee king compete with McDonald's and convenience stores.
At first the Trenta will be available only for iced coffee and iced tea. It's a monstrously large serving, about 7 ounces larger than the Venti already available for iced drinks. It'll cost about 50 cents more.
"Trenta" is the number 30 in Italian, so it's full speed ahead for Starbucks to Quaranta (40) and Cinquanta (50). Just an FYI: The average adult human bladder can hold about 17 ounces.
The tech giant's CEO is taking another medical leave. But this time, the company seems well-prepared to march on.
The message, sent by e-mail to Apple (AAPL) employees, said that although he's leaving to focus on his health, he will continue as chief executive. Chief operating officer Tim Cook will run day-to-day operations. "I love Apple so much and hope to be back as soon as I can," Jobs wrote.
Apple's shares are likely in for a significant drop when the markets reopen Tuesday. They're already falling overseas, down 7.5% today in Frankfurt. If the stock loses 7.5% when the markets open Tuesday, that would wipe out nearly all the 8% gain the stock saw in 2010.
The market continues its ascent. Where will the action be this week?
I’ve got news for you traders out there: buy and hold investing is making a comeback in a big way in 2011.
While moving in and out of positions can be profitable from time to time traders risk missing big moves by standing on the sidelines.
In my estimation investors will be best served by sticking to their guns. Stay in the market no matter the circumstance as one never knows when big returns will follow.
Case in point is the early action in 2011. While it would be easy to say a correction is due and as such reduce exposure to stocks, doing so would have been the wrong move.
Stocks as measured by the S&P 500 added another 1.7% to the upside last week. I bet there were many a traders that missed out on the gains.
Don’t make the same mistake. This week investors can ride the wave of the homebuilding sector with the SPDR S&P Homebuilder ETF (XHB).
The recent pullback in gold is an opportunity to build a position in this stock.
China was supposed to restrain lending last year, but the numbers show huge loan blowouts.
The famous billionaire firmly believes in long-term holdings, diversification and dividends.
By Don Dion, TheStreet
During his multidecade career, Warren Buffett has captured the minds of followers through an interesting mix of wildly successful investments and down-home, folksy charm.
In the absence of self-penned autobiographies or memoirs, authors have spent countless hours attempting to uncover the characteristics that make the Omaha, Neb., native so successful in business.
An examination of Buffett's Berkshire Hathaway (BRK.A) empire reveals three notable qualities that, when internalized, can help investors benefit in times of economic prosperity and protect them in the event that the markets turn south.
The company played around with 2 key measurements, making one fund look more stable than it really was.
An investigation and charges from the Securities and Exchange Commission show an altogether different side of Schwab's company. Schwab did some bad things with one mutual fund, its YieldPlus, and two executives were charged with fraud and other securities violations.
The lesson from YieldPlus is a good one for any investor. Here's how Schwab went from "on our side" to misleading clients:
Four catalysts should keep the apparel retailer growing strong for years.
Mr. Market has been gaga over LULU for months, but many feel this yoga monster has overshot its true value. I disagree, and feel it's worth paying the premium for one of the next great worldwide brands.
Rex Moore, Motley Fool Top Stocks editor
This is a big day for my multivitamin portfolio, as I've finally settled on our first smaller company. I'll tell you more about why the other candidates didn't make the cut in my next article, but today I want to focus on the winner: Lululemon Athletica (LULU).
50 Cent uses Twitter to promote his stock ideas. Bill Gross opines about mindless mantises. The Kardashians are coming to Sears.
By TheStreet Staff, TheStreet
Here is this week's roundup of the dumbest actions in business.
5. Goldman's recommitment ceremony
Goldman Sachs (GS) dumped a 60-something page report on the public Tuesday after an extensive internal review by ts "business standards committee." The committee is made up mainly of Goldman Sachs executives, plus one or two people intended to add outside perspective, such as Wal-Mart (WMT) chairman Lee Scott.
The report was filled with cheap language like "The firm's culture has been the cornerstone of our performance for decades" and "The Committee believes all financial institutions, including Goldman Sachs, bear responsibility for constantly improving practices and procedures relating to the marketing and distribution of structured products."
Here's a look at three stocks Soros and his team are bullish on to start 2011.
By Jonas Elmerraji, Stockpickr
With 2011 well under way, investors are wondering what surprises the markets will hold this year. And the predictions are coming out of the woodwork.
But while opinions fly, what stocks should you really be looking at this year? Let's ask a billionaire.
George Soros made his mark on the financial world in the early 1970s when he and partner Jim Rogers founded the Quantum Fund, a hedge fund with an international bent. Today, the fund, which started with $12 million, has estimated assets under management of $27 billion.
Scott Rothbort has identified three 2010 stocks that offer compelling arguments for potential comebacks in 2011.
By Scott Rothbort, Stockpickr
Every year, investors and the media seem to focus on those stock darlings of the year just passed. In 2010, we had Apple (AAPL), Netflix (NFLX), Chipotle Mexican Grill (CMG) and Salesforce.com (CRM), to name a few.
But what can we learn from looking at the past year's dogs? Sure, some of them sold off and are left to wither away and die. Others suffer from a financial version of the Cinderella complex. But certainly some offer compelling arguments for potential comebacks.
I've identified three such stocks poised for comebacks in 2011. These are not sure things, but they certainly are so disliked that they may provide some opportunities.
Here are the top 3 reasons pump prices will keep rising.
Crude oil prices are rising steadily, up about 22% since a May "low" of around $77 a barrel, and gasoline prices have jumped in lockstep. There are a lot of reasons behind an increase in crude oil prices per barrel, as well as gas costs at the pump, but one thing appears certain: The $2 gas we saw at the beginning of 2009 is a distant memory, and the $3 gas of today is here to stay.
As much as it will pain commuters to hear it, it's very likely the days of $4 and even $5 gasoline lie ahead. A look at expert forecasts and recent news about crude oil prices indicate the recent run-up is not a short-lived phenomenon.
Here are three reasons to expect expensive gas for the rest of 2011:
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The solid report comes a month after the retailer closed all of its Canadian operations.
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[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 added just over a point, holding its weekly gain at 1.0% while the Nasdaq lost 0.4%.
The major averages began the day on an upbeat note, but relinquished their opening gains during the first 90 minutes of action. The early sentiment was boosted by a better-than-expected nonfarm payrolls report for February (175K versus Briefing.com consensus 163K), but a closer look into the report suggested that ... More
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