Mutual Funds Weekly: Facebook’s big face plant shows why you should never fall in love with a stock

Individual investors generally are optimists by nature, and that can lead to trouble.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B797FD12B-EA1B-43E8-8835-D2DF86222669%7D&siteid=rss&rss=1

The Wall Street Journal: North Korea returns remains of U.S. soldiers killed in Korean War

North Korea on Friday handed over the remains of some U.S. soldiers who died during the 1950-53 Korean War, giving new momentum to a diplomatic detente that had shown signs of stalling in recent weeks.

Source: http://www.marketwatch.com/news/story.asp?guid=%7BC3983420-9147-11E8-9FFD-EE376779296F%7D&siteid=rss&rss=1

Key Words: Juncker’s secret weapon in trade talks with Trump: color-coded flash cards

European Commission President Jean-Claude Juncker walked away from his meeting with President Donald Trump on Wednesday with a freshly won trade detente, and he may have had flash cards to thank.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B6E77C518-9143-11E8-9FFD-EE376779296F%7D&siteid=rss&rss=1

Market Extra: Wall Street investors can’t remember the last time a GDP report was so crucial

Wall Street investors just traversed a gantlet: the busiest week of corporate quarterly results, fresh developments in global trade relations and a historic stock tumble in Facebook Inc. However, the headliner of this jam-packed week may be GDP, the official scorecard of the U.S. economy.

Source: http://www.marketwatch.com/news/story.asp?guid=%7BECC3DD6A-911D-11E8-9FFD-EE376779296F%7D&siteid=rss&rss=1

In One Chart: How Facebook’s $120 billion loss ranks among the biggest one-day stock disasters

Facebook’s roughly $120 billion loss in market cap tops the list of notable one-day routs in recent stock market history — by some $30 billion.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B3222AFA2-9110-11E8-9FFD-EE376779296F%7D&siteid=rss&rss=1

The Wall Street Journal: Hackers, allegedly Russian, targeted Sen. Claire McCaskill’s staff

Sen. Claire McCaskill, a Missouri Democrat facing a tough re-election fight, said Thursday that hackers aiming to steal staffers’ passwords failed to infiltrate her Senate office computers, an attempted breach that echoed high-profile thefts during the 2016 presidential campaign.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B739AF062-9141-11E8-9FFD-EE376779296F%7D&siteid=rss&rss=1

Market Extra: Hedge funds are paying a steep price for their love affair with Facebook’s stock

If you think Mark Zuckerberg is the most miserable man on earth today, the hedge funds who went all in on Facebook Inc. stock as it blasted its way to above $200 can’t be too far behind.

Source: http://www.marketwatch.com/news/story.asp?guid=%7BA4FB6176-9107-11E8-A08D-E36E0AA9460F%7D&siteid=rss&rss=1

The New York Post: Betsy DeVos’ $40 million yacht damaged after vandal sets it adrift in Lake Erie

A $40 million yacht owned by Secretary of Education Betsy DeVos was damaged when a vandal untied it from its dock at a Ohio marina and set it adrift, according to a report.

Source: http://www.marketwatch.com/news/story.asp?guid=%7BDBAABB70-9136-11E8-9FFD-EE376779296F%7D&siteid=rss&rss=1

Capitol Report: Get ready for the GDP hot takes

When the GDP report arrives, so will a round of “yes, but,” and finger pointing and “won’t you ever give Trump at least some credit?”

Source: http://www.marketwatch.com/news/story.asp?guid=%7BDE29000C-9021-11E8-9FFD-EE376779296F%7D&siteid=rss&rss=1

MarketWatch First Take: Record Amazon profit is result of less hiring, more ad sales

Amazon.com Inc. has been known for years as a company that brings in a lot of money, and sends it back out the other way just as fast, but a spending slowdown and success in a high-margin business produced the largest quarterly profit in the company’s history Thursday.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B9C5C35FE-9125-11E8-9FFD-EE376779296F%7D&siteid=rss&rss=1

Source: http://www.marketwatch.com/