Despite the risks, I can’t imagine being anything but a California firefighter

It was 1983 and I remember it like it was yesterday. I’d just started as a young firefighter in suburban Sacramento County, California, and was called to a fatal vehicle accident. There, in the middle of a busy intersection, lay the victim, his lower body turned inside out. I was looking at parts of the human body I’d previously only seen […]

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Tech ETF Temptation Despite Apple Downgrade

This article was originally published on ETFTrends.com. The Technology Select Sector SPDR Fund (NYSEArca: XLK), the largest technology ETF by assets, and rival tech ETFs were pressured Monday after another analyst downgraded shares of Apple. Rosenblatt Securities, the second firm to issue a downgrade, changed their rating from “buy” to “neutral,” citing that higher iPhone prices won’t offset a weaker […]

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Despite Weaknesses, Earnings and Trade Drive Rally

Last week’s market opened lower and closed higher than the week before on what seemed to be improving expectations for international trade and earnings. However, a shift towards a more bullish outlook should be tempered by continuing weakness in the intermarket environment and in safe-haven assets. A balance between bullish and bearish indicators created some interesting opportunities for swing traders […]

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Markets Down Despite Better-than-Expected Employment Data

This article was originally published on ETFTrends.com. All the major indexes were in the red despite October’s better-than-expected employment data from the Labor Department, which showed that year-over-year wage gains surpassed 3%–a first since the Great Recession, while nonfarm payrolls gained 250,000–better than the expected 190,000 by Refinitiv estimates. The latest employment data paired recent numbers showing wages and salaries […]

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Natural Gas ETFs Surge Despite Rise in Storage

This article was originally published on ETFTrends.com. Natural gas prices and commodity-related exchange traded funds jumped Thursday, despite an increase in gas inventories, on a rising demand outlook. The United States Natural Gas Fund (NYSEArca: UNG) gained 3.2% Thursday as Nymex natural gas futures rose 2.5% to $2.98 per million British thermal units. Additionally, for the more aggressive traders, the […]

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Bendigo lifts profit despite competition

Bendigo and Adelaide Bank has lifted its full-year cash earnings 6.4 per cent to $445.1 million in a result helped by wider margins in a competitive lending environment. The regional-focused lender, Australia's fifth-biggest bank, lifted statutory net profit 1.1 per cent to $434.5 million for the year ending June 30 with operating income up 2.1 per cent to $1.64 billion. […]

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Despite mom's plea, "Fortnite" lawsuit against teen advances

Despite a plea from a Delaware teen's mother, developers of popular third-person shooter game "Fortnite" will be allowed to pursue their lawsuit against him after he boasted online about using cheat software. The Herald-Sun reported Tuesday a federal judge sided with North Carolina-based Epic Games in mid-July, ruling it has a "plausible claim" for copyright infringement and other legal transgressions. […]

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