By Profit Scanner for InvestorPlace MediaHealthcare has been far and away the best sector of 2015 so far — and biotech stocks are no exception.The iShares Nasdaq Biotechnology Index (ETF) (IBB) is up 9.4% in just the year-to-date; that’s about twice the return of the Nasdaq as a whole, and four-and-a-half times more than the S&P 500. And analysts at […]
Benchmarks ended mostly lower on Wednesday after Fed minutes showed officials debated the effects of hiking interest rates from near zero level. While “many” officials said premature rise in interest rates will hamper U.S. economic recovery, “several” officials opined delaying the same will result in high inflation. Meanwhile, a drop in oil prices dragged energy shares down. While the S&P […]
Benchmarks ended in the red on Friday after fresh concerns about Greece’s debt negotiations offset encouraging job report. Meanwhile, rise in possibility of rate hike in mid-2015 due to improving labor market conditions dented investor sentiment. However, markets ended the week in positive territory despite Friday’s losses.For a look at the issues currently facing the markets, make sure to read […]
Benchmarks ended in the red on Friday after fresh concerns about Greece’s debt negotiations offset encouraging job report. Meanwhile, rise in possibility of rate hike in mid-2015 due to improving labor market conditions dented investor sentiment. However, markets ended the week in positive territory despite Friday’s losses.For a look at the issues currently facing the markets, make sure to read […]
Benchmarks eroded initial gains to end in the red as another decline in oil prices offset the positive impact of Apple’s record earnings results and the Fed’s encouraging view on economy and labor market. After concluding its two-day meeting on Wednesday, the Federal Open Market Committee (FOMC) provided a positive picture regarding economic growth and labor market, and also maintained […]
MARKET SUMMARY- QE, apparently from anywhere, is all stocks want.- Earnings in need of some improvement- Stock indices pause after a strong Thursday EU QE move.- SP400 midcaps look at becoming leaders.- Good moves, more leaders showing up, now can the indices break up the toppy patterns?Friday was not a great day for the market, but it was not a […]
Stock Trading Alert: Indexes Remain Within Medium-Term Consolidation – Which Direction Is Next?By: Paul Rejczak | Thu, Jan 22, 2015SharePrintEmailStock Trading Alert originally published on January 22, 2015, 6:35 AM:Briefly: In our opinion, no speculative positions are justified.Our intraday outlook remains neutral, and our short-term outlook is neutral:Intraday (next 24 hours) outlook: neutralShort-term (next 1-2 weeks) outlook: neutralMedium-term (next 1-3 […]
It may technically be the first day of the new year, but today is still part of a slow-trading holiday week for NASDAQ, and hence noise as we wait for the big dogs and heavy hitters to return to their desks from their long holiday break next week. The sharp decline on Wednesday seemed a bit excessive and unwarranted, so […]
Stock market today, December 26, 2014: Good morning! U.S. stock futures for Friday, Dec. 26, forecasted a 31-point gain. On Wednesday, the Dow Jones Industrial Average rose six points to close at a record high. Investor optimism continued on news that the economy is strengthening. Third-quarter GDP hit 5%, while the U.S. economy has seen 2.7 million new jobs added this year – its best […]
Three of nine sectors moved higher on Wednesday…XLU, XLV and XLI were the strongest sectors and XLE was the weakest.Breadth was mixed as decliners led advancers 1.06 to 1 onthe NYSE and advancers led decliners 1.42 to 1 on the NASDAQ.Wednesday – mixed, mixedTuesday – mixed, advancers ledMonday – strengthened, advancers ledFriday – weakened, advancers ledThursday – weakened slightly, advancers […]
