The Ohio Players may have a new remix to their popular 1975 hit ‘Love Rollercoaster’ except this one can be about the 2014 stock market. Last week we were down, erasing all earnings and now this week…Today’s article explains what happened. Here’s what they had to say, “at the worst point last week, nearly all the gains for the year were wiped out. But today, stocks surged. People who have their money invested in funds that track the S&P 500 or tech-heavy Nasdaq are smiling. Both indexes have erased well over half their losses for October.” To read more, CLICK HERE.
When you think of a fast paced, casual Mexican restaurant, which one do you think of? Chipotle or Qdoba? Today’s article explains how Chipotle may have to face some competition. Here’s how Qdoba may give Chipotle a run for its money, “Qdoba, a subsidiary of burger joint Jack in the Box (JACK), announced earlier this month that it will offer guacamole, fajita vegetables, queso and some other “extras” for no additional cost to consumers. That’s a bold move. It could hurt Qdoba’s profit margins, particularly since the price of avocados, limes and many other food items used in Mexican cuisine are on the rise.” To read more, CLICK HERE.
While a lot of Americans have started to change their bad eating habits for healthier alternatives, some companies are failing to make the change with them. Today’s article explains why it’s bad news that the numbers on the scale for Coca Cola and McDonald’s are starting to go down. Here’s what they had to say, “two food industry giants on Tuesday reported slipping profits, partly due to consumers turning away from fast food and soft drinks in favour of healthier, more “natural” food. McDonald’s Corp. reported a 30-per-cent decline in earnings in the third quarter…” To read more, CLICK HERE.
Today’s article features an interview with Barry James, President and Portfolio Manager of James Investment Research, as well as, President at James Advantage Funds. Here’s what he had to say about a stock he liked, “now, obviously, energy stocks haven’t been doing that great this year. But we’re thinking opportunities lie in support companies rather than those that are out there just drilling. We think that the pressure will probably be downward on oil prices. But this brings us to a company that we like and that we own. It’s American Railcar Industries ARII +1.64% (NASDAQ: ARII).” To read more of this interview, CLICK HERE.
We knew October wasn’t starting off too well for the stock market but today marks the halfway point for the month and things are looking particularly bad. Today’s article explains what exactly happened on Monday. “The S&P 500 closed at 1,875, down 1.7% for the day and putting the index below its 200 day average for the first time since 2012. The decline occurred mostly after 2 p.m., and marked a 1.8% drop from a daily high of 1,912. In the past three days, the S&P 500 has dropped 4.8%, from a high of 1,969, in the worst 3 day decline since 2011.” To read more, CLICK HERE.