Boeing Profit And Revenue Takes Off On Demand For Passenger Jets
Airplane maker Boeing saw a record order-backlog during its third fiscal quarter, and it was this strong demand for Boeing's aircrafts that pushed the company's profit and revenue above what Wall Street analysts were expecting. The company reported a top and bottom line beat Wednesday morning, but despite these results, shares of the 98-year-old company have failed to take off in early Wednesday trading.
Dow Chemical Profit Jumps 44%
Dow Chemical has beat Wall Street estimates four quarters in a row. The latest booking Wednesday morning has sent the stock higher.
What An October Pullback May Lead To For Investors
There are valid reasons for forward looking optimism in my view for investors.
Here's Why The Best Investors Ignore Market Crashes
In October 1987 the markets crashed. The New York Times headline called it “Bedlam on Wall St.” The Times of London called it “Wall Street’s blackest hours”. Trading volumes nearly doubled past records as investors stampeded for the exit. Stocks lost almost a quarter of their value after just 7 hours of trading, and the picture globally from London to Tokyo was similar. It sounds horrendous doesn’t it? Clearly, a reason to stash your cash under the mattress rather than risk it all on the capricious markets.
Ebola and Second-hand Stress
Fear is contagious. Natural selection has wired us to sense fear in our surroundings and make it our own. Zebras might not get ulcers from chronic stress but those that fail to activate their acute stress response when others around them are stressed are more likely to miss cues of
International Worry Causes Market Pause, But Many Assume It's Only Temporary
Markets began trading in positive territory Wednesday before taking a nasty turn shortly after noon.
Wednesday Sector Laggards: Energy, Industrial
The worst performing sector as of midday Wednesday is the Energy sector, showing a 1.2% loss. Within that group, Helmerich & Payne (NYSE: HP) and Cimarex Energy (NYSE: XEC) are two of the day's laggards, showing a loss of 3.4% and 3.1%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is down 0.9% on the day, and down 2.21% year-to-date. Helmerich & Payne, Inc., meanwhile, is up 6.18% year-to-date, and Cimarex Energy Co is up 4.63% year-to-date. Combined, HP and XEC make up approximately 1.2% of the underlying holdings of XLE.