The Traderszone Network

There are worse investment strategies than copying the stock picks of investing legends. Following the lead of Warren Buffett can offer especially rich returns because he has a buy-and-hold philosophy that means you can expect these stocks to grow immensely in value over the years. 

While many times Buffett employs tactics unavailable to the average investor, Moody’s (NYSE: MCO), Apple (NASDAQ: AAPL), and Costco (NASDAQ: COST) are stocks the Oracle of Omaha owns that are still worth buying.

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Travelers may soon have to keep their devices on them.
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Obviously this is a trading forum, but I know several of you are diversified (and it sort of is trading anyways). Does anybody do much flipping of houses? I’ve just gotten going with it and quickly realizing I am going to have a heck of a tax bill, which is of course still a good problem to have.

I’m still working full time, but more than half of my income this year will be coming from real estate. I have only been doing it for like 3 or 4 months, but hopeful that next year I will make a…

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Almost exactly a year ago, Facebook (NASDAQ: FB) and PayPal (NASDAQ: PYPL) announced a partnership where users could pay for purchases on Facebook’s nascent e-commerce offerings, including Messenger, using PayPal. That allowed merchants to utilize Facebook chatbots to accept payments, among other features.

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Meal kit maker Blue Apron (NYSE: APRN) recently announced that it would lay off about 300 employees, or 6% of its workforce, in a bid to boost the company’s “future growth.” Employees in the marketing, software development, operations, and business development talent departments will be laid off, resulting in a $3.5 million charge.

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Stocks rose strongly on Friday to close the market’s sixth straight week of gains. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) both added more than half a percent to post record highs.

Data source: Yahoo! Finance.

Financials led the way today, and the Financial Select Sector SPDR ETF (NYSEMKT: XLF) ended with a 1.2% gain. Industrials also rose; the Industrial Select SPDR ETF (NYSEMKT: XLI) closed up 1.1%.

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Analysts are looking for information about the impact that Whole Foods will have on Amazon’s third-quarter and beyond.
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