Mark Hulbert: Greedy stock investors are starting to show signs of irrational exuberance

Mark Hulbert: Greedy stock investors are starting to show signs of irrational exuberance
The mood on Wall Street has shifted from fear to greed. And, like clockwork, contrarian-minded investors have shifted their short-term outlook in precisely the opposite direction, from positive to negative. To appreciate how big a mood shift has taken place, consider where sentiment stood in early August, which was the last time I devoted a column to a contrarian analysis... Read More

Personal Finance Daily: The big catch with Chase’s new checking account and 6 reasons why credit matters

Personal Finance Daily: The big catch with Chase’s new checking account and 6 reasons why credit matters
Have a good weekend, MarketWatchers! Don’t miss Friday’s top stories. Personal Finance Your Instagram account may be more secure than many State Department emails A General Service Administration report has some scathing conclusions for cybersecurity on State Department devices. I lent my nephew $6,800 for his father’s funeral and he refuses to pay me back This 80-year-old woman wonders if... Read More

For Canadian marijuana investors, coming to U.S. is a ‘crapshoot’ that can end in lifetime ban

For Canadian marijuana investors, coming to U.S. is a ‘crapshoot’ that can end in lifetime ban
Visiting the U.S. is a “crapshoot” that could lead to a lifetime ban for foreign nationals who are invested or work in the Canadian marijuana industry, which could hurt the booming sector, immigration lawyers said Friday. Todd Owen — a senior officer with U.S. Customs and Border Protection, or CBP, overseeing border operations — told Politico in an interview published... Read More

Market Extra: A Hindenburg Omen is forming in the stock market. Should investors ignore it?

Market Extra: A Hindenburg Omen is forming in the stock market. Should investors ignore it?
The Hindenburg Omen is materializing in the stock market, raising hackles among some market participants who closely watch for patterns that may portend ill for a stock market that has been knocking on the door to fresh highs. Named after the German dirigible that notoriously exploded in 1937, the Hindenburg Omen is formulated to predict market crashes, or severe downturns,... Read More

Earnings Outlook: Oracle earnings: Investors brace this time for a nebulous reading on cloud business

Earnings Outlook: Oracle earnings: Investors brace this time for a nebulous reading on cloud business
Nebulous cloud growth at Oracle Corp. may not come as a shock this quarter, with investors and analysts anticipating that the enterprise software giant won’t break out cloud numbers, following the surprise omission of that metric three months ago. Oracle ORCL, +0.59%  is scheduled to report its fiscal first-quarter earnings after the market close on Monday. Investors were taken aback... Read More

Futures Movers: U.S. oil ends higher as Iran, Hurricane Florence concerns lift prices for the week

Futures Movers: U.S. oil ends higher as Iran, Hurricane Florence concerns lift prices for the week
By Markets/commodities reporter News editor Oil futures ended higher Friday, with the U.S. benchmark building on its gain for the week as the U.S. has reportedly ratcheted up pressure on countries to comply with upcoming sanctions on Iranian oil. Traders also continued to watch for any impact on the energy market from Hurricane Florence and looked to potential new U.S.... Read More

Accidental landlords — an unwelcome consequence of the housing market shock

Accidental landlords — an unwelcome consequence of the housing market shock
During the bubble years of the mid-2000s, Americans were encouraged, often inappropriately, to become homeowners. As prices spiraled unsustainably higher, buyers — and lenders — stretched even more to reach that goal. Then it all came crashing down. Prices dropped about 40% nationwide, lenders stopped lending and mortgage companies stopped answering the phone when distressed homeowners called. In the deep... Read More