Market Wrap-Up for July 19 (HAL, SLB, NEM, BRCM, TXN, more)


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Political gridlock is always considered the best investment environment for investors, and we are heading toward another key election year with balances of power in play that could shape the next several years of legislation. The resulting governmental policies could either help (doing nothing is almost always the best remendy) or hurt (seems like everything Washington wants to do lately could have lasting negative effects) the economy at large.

With that in mind, investors should look at their own investing timelines and particular needs for the years ahead. Your own personal situation should be the biggest factor in determining where you place your money as we move ahead. Assess the amount of risk there is within yours portfolio and whether your own timeframe for retirement can be delayed or put in jeopardy. Taking excess risk later in life is an unfortunate reality that many people will face, having not taken the proper steps in getting a long-term investing gameplan started.

At, we hope our readers are taking advantage of all the timely info we publish on a daily basis. Our biggest piece of advice is always to stay disciplined, and make the proper adjustments when necessary. Additionally, investors always need to stay aware of which stocks are worthy of puting new money into, once you get out of an underperforming position.

One more thing on election years and presidential cycles: they are just one of many data points out there for investors to chew on, but again as is the case with most Wall Street-based investment vantage points, the focus is usually aimed at short-term investors, or traders in general. Be sure to look through all that, and stay focused on your personal goals for the YEARS ahead, not just the next several months.

Looking at today's action, Halliburton ( HAL ) moved higher following the company's earnings results. The news also helped lift shares of Schlumberger ( SLB ) . Gold-related shares pushed lower as the yellow metal continues its recent pullback. Names pulling back included Newmont Mining ( NEM ) , Agnico-Eagle Mines ( AEM ) and AngloGold ( AU ) . Semiconductor shares like Broadcom ( BRCM ) and Texas Instruments ( TXN ) were some of the companies helping pace the market's gains. Volume on today's gains were not impressive with just 4.08 Billion shares traded on the NYSE and just 1.69 Billion shares traded on the NASDAQ. Both totals were way below Friday's sell-off totals.

We had removed a decent amount of dividend-paying stocks from our watchlist this past weekend as the recent correction added to the woes of numerous companies we are following. Be sure to check out our weekend members-only articles for these changes and more.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Stocks
More Headlines for: AEM , AU , BRCM , HAL , NEM , SLB , TXN

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