YouTube / TEDx TalksMohamed El-ErianSee AlsoROSENBERG: Something changed in the market and it’s significantTOM LEE: History shows that we’re not doomed for a bear marketThis is ‘the danger’The US stock markets spent most of Tuesday in the green before tumbling into the close.The Dow was up by as much as 441 points (2.7%) early in the trading day, and yet […]
Things didn’t look good this morning. When stock markets opened, Facebook was down 12.1 percent, Apple was down 10 percent, Google was down 6.5 percent, etc. But public tech companies are already recovering from this brutal drop, with Apple leading the way.As of this writing, Apple is back in the green, up 0.19 percent compared to Friday’s closing price to […]
#MarketUpdate: Is the growing US economy going to lead to a rate hike in 2015?Stocks are mixed today, as the growing US economy appears consistent with comments by the Federal and possibly setting up a 2015 rate hike. Dow -0.02%, S&P -0.1%, Nasdaq +0.2%, R2000 0.1%On the economic front, quarterly GDP showed us that the economy picked up the pace […]
Thomson ReutersA European Union flag flutters outside the Athens stock exchangeATHENS (Reuters) – Greece is waiting for the green light from the European Central Bank on plans it has submitted to reopen the Athens stock market after a month-long shutdown, two regulatory sources said on Tuesday.The exchange could reopen as early as Wednesday depending on the ECB’s opinion, the sources […]
I’ve traded a lot and haven’t updated the journal for individual trades. For the first time this year, I find my self entirely on the short side. But like buy strength on longs, I’m selling the weakest stocks short.But first some index chartsVIX: RSI – piked up support — look for a run to the green lineBiotech: Earlier this month, […]
Biotechs rise on Greece ‘No’ Vote!Amazing news, right? I mean, who would think the news out of Greece would push biotech stocks higher?But apparently it did. The Greek people let the world know they ain’t interested in more austerity (not that they really had any). Meanwhile, biotechs were the strongest group of stocks on the market to kick off the […]
For June 23, 2015, here’s what the stock market did today, including closing numbers for the Dow Jones Industrial Average, S&P 500, Nasdaq, the top stock market news, and stocks to watch…Stock Market’s Final Numbers Dow Jones: 18,144.07; +24.29; +0.13%S&P 500: 2,124.20; +1.35; +0.06%Nasdaq: 5,160.10; +6.12; +0.12% The DJIA today added 24 points. The markets reversed early losses after Federal Reserve Governor Jerome Powell […]
Stock Market Downtrend ContinuesStock-Markets / Stock Markets 2015Jun 07, 2015 – 12:01 PM GMTBy: Brad_GudgeonLast weekend, I was looking for a low on Monday, a rally into Wednesday and then down into June 8, followed by a rally into June 10 and then down hard into June 12. The low came on Tuesday, and we did rally into a Wednesday […]
This piece contains the opinions of deep value investor Tim Melvin that do not reflect the opinions of Benzinga.com.I have always been a student of the markets. Since my first disastrous experience as a broker with a Dean Witter ‘stock of the day,’ I figured out pretty quick that I better spend time researching stock picks as the firms didn’t […]
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