collected by :Haron Adler
As it stated in This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
As it stated in This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
What Happened in the Stock Market Today
Today's stock marketIndex Percentage Change Point Change Dow 0.01% 2.89 S&P 500 (0.03%) (0.71)Data source: Yahoo! Utility stocks fell on rising interest rates, with the Utilities Select SPDR ETF (NYSEMKT: XLU) dropping 2.5%. Revenue grew 22% to $299.9 million. Premier agent revenue grew 22% to $213.7 million and rentals revenue increased 35% to $29.1 million. The earnings report today offered little in the way of surprises, and investors took it in stride.The Stock Market Is Being Incredibly Silly
as declared in What a silly stock market. For an already jittery market to be able to shrug off major news of this kind is nicely short-term bullish...or is it. To me that means it is a mistake to really trust this market, especially if it opens up. TheStreet's Bradley Keoun, our 2017 SABEW award winner, pens this fun profile of veteran Wall Street banking analyst Dick Bove. RBC Capital Markets analyst Joe Spak has written an open letter to Tesla (TSLA) CEO Elon Musk.Jim Cramer Reveals Why the Stock Market Opened Higher Thursday
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer attributes Thursday's opening market rally to weaker than expected inflation readings, coupled with good growth which takes the stagflation worry off the table. "If you look at when the selloff started, it was about stagflation: it was about higher inflation and it was about slower growth and now it's the opposite," Cramer said. For exclusive investing insight from Jim Cramer, get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!
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