• Stock Investing Has Been Easy for a While. It May Get Harder in a Hurry

    8 monthes ago - By Fortune

    For most of the past two years, stock investors might as well have been living inside a Ronco infomercial , where “set it and forget it” was the byword. Adding money each month to an ETF or two was usually as easy as it was effective, as the S&P 500 marched ever upward, setting record high after record high.
    Now that the S&P 500 and the Dow Jones Industrial Average have both lost 7% in the past six trading days-with about 5% losses coming in the past two days alone-it's starting to look like the chore of making money in stocks is about to get more complex.
    Of course, throughout the bull...
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  • Energy stocks get whacked after OPEC says oil is 'well supplied'

    Energy stocks get whacked after OPEC says oil is 'well supplied'

    8 monthes ago - By Business Insider

    OPEC said Thursday that the oil market was "well supplied", and downgraded its global demand forecast.
    Brent crude dropped 3% on the news, sending oil stocks such as ExxonMobil and Chevron Corporation down more than 3%.
    Oil prices have rallied this year as market watchers expect that US sanctions on Iran, OPEC's third-largest oil producer, will reduce oil supplies.
    Watch ExxonMobil and Chevron Corporation trade in real time.
    Oil stocks took a beating Thursday after OPEC said its production rose in September, easing concerns about a drop-off in Iranian barrels as US sanctions loom. Brent...
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