Author Archives: William Baldwin

How can you pinpoint compelling investing opportunities in the current environment? Stocks tumbled for the week in a tech-led selloff after reaching record highs. However, even after the pullback, the S&P 500 has still surged almost 15% on a one-year basis. That means there’s still room to fall. Indeed as IHT Wealth Management’s Yussef Gheriani told CNBC’s Trading Nation recently: “There’s just a lot of uncertainty out there both between Covid, the stimulus packages, the election itself and there’s also still significant trade uncertainty between us and China.” In short, it’s best to pick your stocks wisely in case further volatility lies ahead. One way to go about this is to follow the latest stock recommendations from analysts with a proven track record of success. TipRanks analyst forecasting service attempts to pinpoint Wall Street’s best-performing analysts. These are the analysts with the highest success rate and average return measured on a one-year basis…

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The effects of the ongoing coronavirus crisis are being felt in almost every sector. From retail and consumer packaged goods to entertainment, sports, and of course travel and leisure, every sector is being impacted in a different way and is facing down its own unique challenges. The financial services sector is currently facing challenges on multiple fronts: banks have reduced their opening hours and in many cases can only serve a few customers at a time due to social distancing rules, putting additional strain on channels like telephone service, online banking and social media. At the same time, record numbers of consumers are frantically trying to contact their bank with questions, concerns or to request special measures as their finances have been impacted by the fallout from the coronavirus – many have lost jobs, seen their incomes vanish, and are in fear of defaulting on loans or missing mortgage payments.…

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Some of the 482 funds in the Forbes Closed-End Fund Ratings are great buys. Most are dreadful places to put money. This article explains how to distinguish the good from the bad. We scored closed-end funds on two metrics: past performance and cost. The performance grade is based on a simple comparison of ten-year results (for the funds that have been around that long) to those of similar funds. Just as important as past results—more important, if you subscribe to the philosophy of John Bogle—is the cost of a fund. That’s a trickier matter. The expense ratio of a closed-end fund is just the starting point in a cost assessment. Also in play is the interaction between the distribution rate on a fund and the discount (or premium) at which the fund trades. Our ratings do the arithmetic for you. Below, we’ll take a look at what’s going inside our cost calculator.…

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