Tech was helped by Skyworks Solutions, up more than 7 percent after the Apple supplier raised its guidance for earnings and revenue for the quarter ended in September. Intel, reporting after the close, also was trading higher.The good news for semis comes after Microchip Technology lowered its forecast for its fiscal second quarter after chip sales fell short. Beaten-down chip […]
Parts of Europe are in deflation, growth worries continue in China, and Islamic extremists have added a new layer of instability to the Middle East.Read MoreOptions trader bets big time on bottom for stocksPerhaps predictably, stocks have wobbled, with a series of triple-digit up and down moves on the Dow industrials and another round of worry that the long-anticipated correction […]
There’s an endless parade of articles and pundits today discussing the historical monthly returns of September. It’s not a very good month historically. But we see this stuff every few months. In January the media will run with the “January effect”. Then in May they’ll pump the “sell in May” story. Then in September they’ll pump the scary September stories. Then […]
The Vikings beat the Titans 19-3 in their 4th Preseason game, improving their Preseason record to an undefeated 4-0. Are things looking up for our Minnesota Vikings?So, hi. CCNorseman here. I’m filling in for Ted, while he’s yucking it up on vacation. Rumor has it that he’s wearing jort jorts and flippy floppies ON A BOAT! So, you’ll just have […]
The Stock Market is Getting EdgyStock-Markets / Stock Markets 2014Aug 28, 2014 – 06:37 PM GMTBy: Anthony_CherniawskiThis morning’s Premarket is down pretty substantially. The news is making things worse for the market that was already in decline at 5:00 am. Although the news may be blamed for the decline, it was already built into the Cycles Model.The high on August […]
The S&P 500 ended above the 2k mark for the first time following encouraging economic data on Tuesday. Merger and acquisition news between Burger King and Tim Hortons also helped the benchmarks end higher. The Dow hit a record intraday level of 17,153.80, but shed some of the gains by the end of the day.For a look at the issues […]
Caveat: I like equity markets, as a family my father started investing in 1950s, I started investing in 1979, have enjoyed the process so far. I am completely indifferent to YOUR views on the market and whether you invest, hate, love or are obsessed with the market.Article:The equity markets are one of the most misunderstood markets and you have people […]
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Stock Market Update, August 25 | Great Lakes Credit Union
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Stock Market 6 Month CycleStock-Markets / Stock Markets 2014Aug 26, 2014 – 12:51 PM GMTBy: Ed_CarlsonWith the passage of the final high of the 2009 bull market high in the Dow (precisely forecast by the Lindsay model on July 17) our attention now turns to the S&P 500. Unfortunately, Lindsay’s methods only apply to the Dow so we must use […]
The S&P 500 closed at a record high and fellow benchmarks also ended in the green boosted by deal news. Possibility of stimulus measures in the Eurozone also lifted the benchmarks. The S&P crossed the 2000-point milestone for the first time, but failed to end above that mark. However, full day trading volume was the lowest this year.For a look […]
