Is WEC Energy Stock Underperforming the Dow?
Milwaukee, Wisconsin-based WEC Energy Group, Inc. (WEC) provides regulated natural gas and electricity, and renewable and nonregulated energy services in the United States. The company has a market cap of $34.3 billion and operates through Wisconsin,
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Read MoreUS Stock Market Ahead Of Fed Policy: Dow Jones, Nasdaq, S&P 500 Crash; Futures Up On Wednesday, What To Expect
The US stock market continued to be under pressure ahead of the Federal Reserve’s policy on Thursday. Overnight, the Dow Jones and Nasdaq Composite crashed from 200 points to 330 points, while the S&P 500 followed the bearish trend. Meanwhile, on September 16, ahead of the Fed outcome, all US stock futures traded higher as the market widely predicted the largest central bank to deliver their first rate hike in 3 years.
Read MoreLIVE: US Fed Reserve FOMC Meeting Rate Decision Outcome Today: Time, schedule, LIVE streaming, Kevin Warsh announcement
US Fed meeting Live updates: The two-day US Fed meeting concludes today, and anticipation is high that the US Central Bank will raise interest rates for the first time in three years. The 12-member committee will announce its decision at 18:00 GMT or 11:30 PM Indian Standard Time (IST).
Read MoreEnergy Infrastructure Stocks: Time to Touch GRASS
Subscribers to Chart of the Week received this commentary on Sunday, August 17.
The most important statistic I came across last week had nothing to do with stocks. It was a local weather report: Cincinnati’s East Side has gotten more rainfall over the past two months than any two-month span in recorded history.
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Read MoreBeyond Meta, Cathie Wood’s ARKG Loads Up On These 4 Biotech Names
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ARKG bought about $4.5 million of IONS, $3 million of VCYT, $2.6 million of BEAM and $1.9 million of SCTX.
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The ETF sold roughly $2.5 million of 10x Genomics.
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ARK made a $37 million bet on META across ARKK,
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Read MoreThe Burst
Genius Billionaire Investing Strategy (Buffett Inspired)
After scouring through billionaire portfolios recently, something surprising jumped out. After doing a deeper dive, the genius of the strategy became apparent. It’s similar to a strategy Buffett employed pre-2020. Before getting into what Dalio did, let’s look at Warren Buffett’s famous position, and how smart it was but also how and why it ended poorly.
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Read MoreThe Ivy
The Best Stock Over The Past 25 Years
You would probably assume that Apple’s rise to become a $3 trillion market capitalization company cements its holding on the title of the best performing stock over the past quarter century. If not Steve Jobs’s firm, surely Microsoft holds the top spot as the largest company by valuation in the S&P 500 today?
It turns out neither company has the title,
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