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Year: 2019

New year begins, jobless claims and manufacturing data: 3 things to watch for on Thursday

Trader Peter Tuchman reacts as the final day of trading for the year draws to a close at the New York Stock Exchange (NYSE) in Manhattan, New York, U.S., December 29, 2017. Andrew Kelly | Reuters Here’s what you need to know about Thursday before you hit the door for New Year’s Eve. New year …

New year begins, jobless claims and manufacturing data: 3 things to watch for on ThursdayRead More

After its strongest year in a decade, Apple stock is historically expensive on a price-to-earnings basis

Tim Cook, CEO of Apple Inc. Getty Images Apple stock is on pace to close out a year of explosive growth, and another key metric has reached a historic high, too. Apple’s trailing price-to-earnings (P/E) ratio steadily climbed this year alongside its stock price. Apple began the year with a trailing P/E ratio just over …

After its strongest year in a decade, Apple stock is historically expensive on a price-to-earnings basisRead More

CHI 50 Stock Index Targets 2019 Peak But Bulls May Lose Momentum

ChIna’s 50 stock index (CHI50) closed the year slightly below the 2019 top of 14,456 on Tuesday. Technically, the positive momentum in the MACD, which jumped above its red signal line, suggests that there is still some room for improvement in the short-term. The RSI is bullish as well, though the indicator is not far …

CHI 50 Stock Index Targets 2019 Peak But Bulls May Lose MomentumRead More

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