News Stocks 

Stocks edge higher at open as investors focus on busy week for corporate earnings

“The S&P 500 index SPX, +0.16% picked up 5 points, or 0.1%, to 3,011” writes Mark Decambre for marketwatch.com. UTX, +0.90%  rose at the opening bell after the company beat earnings’ expectations, and raised its earnings outlook for 2019.The S&P 500 index rose 20.52 points, or 0.7%, to end at 3,006.72, leaving it 0.6% away from its record closing high of 3,025.86 set on July 26.United Parcel Service Inc. stock UPS, -4.90% slipped despite the package-shipping company delivering third-quarter results that outperformed analysts’ consensus estimates. Source: marketwatch.com

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When hunting for yield, beware the dividend traps

“High dividend yielding companies can be traps at this point in the cycle, as they may signal prices falling precipitously ahead of dividend cuts,” the strategists wrote” writes Patti Domm for cnbc.com. With low interest rates and stocks stuck in a sideways range, dividends are an important way to generate income for many investors.But it’s also important to know when a company may potentially cut its dividend. Source: cnbc.com

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Markets News Stocks 

Stocks rise at market open on renewed trade optimism

“U.S. stocks rose at the start of trade Monday after China’s top trade negotiator, Vice Premier Liu He said over the weekend that the U.S. and China had made “substantial progress” toward a so-called “phase-one” trade deal that investors hope will remove the threat of higher U.S. tariffs on Chinese imports set to go into effect in December” writes Markets Reporter for marketwatch.com. The Dow Jones Industrial Average DJIA, +0.08% rose 27 points, or 0.1% to roughly 26,799, the S&P 500 index SPX, +0.53% advanced about 14 points, or 0.5%…

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GBP News Stocks 

European stocks mostly higher as Brexit uncertainty returns

“European stocks were mostly higher Monday morning as traders wait to discover whether the U.K.’s departure from the European Union will be delayed once again” writes Elliot Smith for cnbc.com. The pan-European Stoxx 600 edged 0.2% above the flatline in early trade, banks and insurance stocks gaining more than 1% each while healthcare and household goods both shed 0.4%. Asian markets traded mixed on Monday amid the protracted uncertainty, with mainland Chinese indexes leading losses and Japanese shares advancing.Sterling slipped from a five-month high on Monday morning, sliding just over…

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News Reviews Stocks 

Stocks Daily Review October 21, 2019

Stocks Daily Review for October 21, 2019 The Best Stocks If The Precious Metals Up Trend Takes Off I see Fred Hickey on Twitter suggesting that stocks in general may have become over extended and that gold stocks might be an alternative.   Should You Buy These Shares (Including This Neil Woodford Favorite) Before Next Week? Forget about all the bad news surrounding Neil Woodford for a second. One of the fund manager’s favourite stocks has what it takes to thrive in the days ahead. Come take a look.  …

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News Stocks 

Facebook, Visa among the stocks with high ESG marks — enough to outrun the S&P 500

“Other data show the growing importance of ESG factors, even the perception of such factors, in investing decision-making, including in the fund industry” writes Rachel Koning Beals for marketwatch.com. Read: ESG investing trend has powered index giant MSCI to market outperformance in 2019 The performance gap is wide. Source: marketwatch.com

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News Stocks 

Stocks slip as first big week of earnings heads to a finish

“EARNINGS: Investors mostly applauded the opening round of company earnings this week and temporarily brushed aside worries over the ongoing U.S.-China trade war” writes The Associated Press for seattletimes.com. Some stocks rose following solid earnings reports.WINNING WEEK: The market has been choppy all week as investors shift their focus to the latest round of corporate earnings.The early round of mostly good results could help calm investors’ fears about another dismal forecast for earnings growth.The Russell 2000 index of smaller stocks fell 0.3%. Source: seattletimes.com

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Markets News Stocks 

Ben Carlson: A Eulogy for the 60/40 Portfolio

“The 60/40 portfolio passed away on October 16, 2019, from complications of low interest rates and a bad case of Fed manipulation” writes Ben Carlson for awealthofcommonsense.com. Investors will now have to grapple with the fact that with the passing of the 60/40 portfolio, diversification is also dead.I’ve shared many a conversation with 60/40 over beers about how complex so many professional investors try to make their portfolio. 60/40 would often shake its head and laugh when thinking about it.Many were envious of the performance of the 60/40 portfolio because…

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Markets News Stocks 

Legendary investor Peter Borish describes how effective investing is like being a successful baseball manager — and shares his top trade for an economy wracked with record debt

“It’s Borish’s contrarian way of thinking and foresight that leads him to believe an “interesting” trade is primed to deliver” writes Christopher Competiello for businessinsider.com. He’s probably most famous for co-founding Tudor Investment Corporation with legendary investor Paul Tudor Jones in the 1980s.Peter Borish, chief strategist at Quad Group, is an investor that generally flies under-the-radar. Source: businessinsider.com

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