The Fed says the economy remains healthy enough that it will continue to taper back its QE stimulus at a rate of $10 billion a month, with plans to have it at zero by October.Speculation now is on when it will begin the next step toward returning its monetary policy to normal, by beginning to raise interest rates from their […]
Benchmarks scored record highs yet again on Thursday, banking on encouraging June’s nonfarm payroll numbers. Investors were also encouraged by a drop in the unemployment rate. Unemployment dropped to its lowest level in almost six years. The blue-chip index and the S&P 500 closed at a record level for the third straight day. The Dow closed above the 17,000 mark […]
The Truman Show Stock Market – How Things Look And What They AreStock-Markets / Stock Markets 2014Jul 07, 2014 – 03:49 AM GMTBy: Raul_I_MeijerWe hugely underestimate what it means not to have a functioning financial system and economy. It even feels sort of fine for a while, both to the richer part of our population who get richer, and to […]
SummaryAlpha Natural Resources only trades at 20% of its book value, making it effectively the cheapest stock in the stock market.
In times of normal profitability, the company regularly trades at 2-3x book value, suggesting room for significant capital appreciation if steam and coal rebounds.
This stock is not for conservative or retirement investors, as the lack of profitability in the past […]
Benchmarks ended Thursday’s trading session in the red following St. Louis Fed president James Bullard’s comments on a rate-hike. Bullard expects the key interest rate hike to take place sooner than anticipated. The blue-chip index had dropped as much as 119 points, before trimming losses in the post noon session. Economic data on personal consumption expenditure was weaker-than-expected. However, personal […]
While New Zealand’s stock market is the 3rd smallest among AsiaPac exchanges, it is not immune from the “glitches” even the largest exchanges have become used to in the new normal era of ‘liquidity providers’. For the 2nd time this month, equities trading in New Zealand (the entire market) is halted after a “technical fault” at the operator of the […]
Benchmarks ended in the red on Tuesday following a late selloff primarily due to mounting tension in Iraq. The blue-chip index suffered its biggest drop in over a month. The S&P 500 settled in negative territory after touching an intra-day all time high of 1968.17. The day’s initial gains, largely a result of encouraging home sales data and an improvement […]
Stock Market Primary III Wave ContinuesStock-Markets / Stock Markets 2014Jun 22, 2014 – 06:22 PM GMTBy: Tony_Caldaro
The bull market made news highs this week, after the FOMC meeting, statement, and press conference. For the week the SPX/DOW were +1.3%, the NDX/NAZ were +1.0%, and the DJ World index was +1.0%. On the economic front positive […]
Benchmarks scored record highs yet again on Monday following encouraging ISM manufacturing data. Initially, benchmarks made losses owing to erroneous manufacturing data, but they rebounded once a correction was made which showed the index had grown at its fastest pace this year. Monday’s gains helped the S&P 500 close on a record high for the 15th time this year. The […]
The flotation will be sweetened by a pledge to ordinary retail investors that they will receive one free share for every 20 they hold on to for a year, up to the value of £2,000.Lloyds is selling approximately a quarter of the business and up to a fifth of that is expected to be purchased by retail investors.TSB, which can […]
