Markets are near all-time highs, and those who have missed the boat may be feeling a little bit of FOMO. While tech stocks have led the way for most of the year, it could be time for a change. John Gagliardi, Regional Brokerage Consultant at Fidelity, joined us to discuss strategies for dealing with the fear of missing out on the rally.
Tech stocks are the best performing names of the year, but the recent downturn in the group may be signaling a rotation into other sectors. Gagliardi keys in on Alcoa, a big time materials company that often kicks off earnings season. He uses technical analysis to express whether investors may have missed out on the stock’s massive jump higher. The stock’s 20% pull back could give investors another shot.
Gagliardi explains how to use technical patterns to make rational investment decisions. He uses a Fidelity tool to pinpoint the optimal times to get into a stock. He adds that by buying at several price points, it can help reduce investment risk and give an investor the chance to bring their average cost.
Pauline Frommer, editorial director of Frommer's Guidebooks, has some very helpful travel information to save money and stay sane this season.
Americans' credit card debt reached a record high in the third quarter.
Target announced that it's rolling out a pre-set meal to feed up to four people for under $25.
You might already be planning your Thanksgiving menu as the holiday approaches. Some retailers are offering deals that could help your pockets as you budget for those large family gatherings.
Management employees who work for AT&T are now being offered paid time off to care for their loved ones.
Jade Warshaw, personal finance expert and co-host of 'The Ramsey Show, joined Cheddar News to provide tips on how to save on engagement rings and to look at cheaper alternatives.
As the country watches the financial situation and monitors decisions from the Federal Reserve, many may be re-evaluating what to do with their money, with interest and mortgage rates at some of the highest levels seen in decades. Mark Hamrick, Washington bureau chief and senior economic analyst with Bankrate, joined Cheddar News to provide tips on your money management as monetary policy continues to change.
A Dutch recruitment firm found that only 42% of employees who have been laid off this year actually received severance, down from 64% who received severance in 2021.
Direct deposit delays due to a human error that happened last week have resulted in some customers still not receiving their paychecks.
Nestle is reportedly investing $100 million in food delivery startup Wonder Group.
