The CBO Just Moved Up the Social Security Insolvency Date. Here's What Retirees Need to Know Now.
Check out these facts from the Social Security Administration: “Social Security benefits represent about 31% of the income of people over age 65.” And: “Among Social Security beneficiaries age 65 and older, 39% of men and 44% of women receive 50% or more of their income from Social Security.”
Clearly, Social Security is a vital program.
Read MoreDow, Nasdaq Futures Up Triple Digits Amid Upbeat Earnings
Oil prices are also taking a breather
Dow Jones Industrial Average (DJIA) and Nasdaq-100 Index (NDX) futures are on track for a a triple-digit pop this morning, while the S&P 500 Index (SPX) is also set to open higher. Boosting investor sentiment are strong results from Caterpillar (CAT) and Amazon.com (AMZN),
» Read more about: Dow, Nasdaq Futures Up Triple Digits Amid Upbeat Earnings »
Read MoreNasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Rise as Rates Dip
The Dow Jones 30 looks like it is trying to stay above the 49,000 level after selling off the previous session. This looks kind of like a bullish flag, which could open up a much bigger move, but obviously, we have the barrier of 50,000, potentially causing some issues.
So,
» Read more about: Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Rise as Rates Dip »
Read MoreDow Jones and Nasdaq to rebound as Alphabet and Amazon earnings welcomed
10.20m: Data dump
Lots of US data out today, including GDP and consumer spending.
GDP came in at 2% year-on-year,
» Read more about: Dow Jones and Nasdaq to rebound as Alphabet and Amazon earnings welcomed »
Read MoreThe Stock Market Flashes a Warning Not Seen for Over 2 Decades: Here's Where History Says the NASDAQ Is Headed Next
Over the long term, stocks tend to rise in price. But these long periods of growth are usually interrupted by market corrections, which are temporary drawdowns of over 10%. Let’s discuss some reasons why the Nasdaq Index looks overdue for one of these dips and discuss strategies investors can use to make the most of the situation.
Read MoreThe Burst
1 Under-the-Radar Aerospace Stock Soaring
When Stanley Druckenmiller revealed that his family office had taken a stake in Woodward, some head-scratching followed. What was one of the greatest investors in the world doing buying an aerospace and industrials stock?
With about 6 weeks of news being released that Woodward was among his top buys for Q1, the stock took off and perhaps it’s no surprise why as you’re about to find out.
» Read more about: 1 Under-the-Radar Aerospace Stock Soaring »
Read MoreThe Ivy
Broadcom’s Dividends or NVIDIA’s Growth: What Should Investors Choose?
If you want to invest in an AI-leading tech company, NVIDIA and Broadcom likely stand out as strong options. But what if you could only choose one company? Would you bet your investment dollars on NVIDIA or Broadcom? It’s no big surprise that the answer depends on what you expect to get in return for your investment.
» Read more about: Broadcom’s Dividends or NVIDIA’s Growth: What Should Investors Choose? »
Read MoreThe Spotlight
