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US stocks stage recovery despite collapse in global markets …

Collapse of US stocks due to ‘a confluence of negative attributes’. US stock markets staged a stunning recovery on Monday after plunging to dramatic lows earlier in the day as markets across the world went into meltdown over ongoing fears of a collapse in the Chinese economy.The Dow Jones Industrial average was down 200 points, or 1.2%, at 16,257 points […]

Dow drops more than 500 points as US markets plummet amid …

Traders work on the floor of the New York Stock Exchange near the end of the trading day in New York on Friday. Photograph: Andrew Gombert/EPA
US stock markets dropped dramatically on Friday afternoon, dragging overall global markets to their worst week of the year as concerns about the health of the Chinese economy rattled investors across the world.All of the […]

Greek stocks sink most in decades as market reopens to crisis: 'It's …

Greece’s stock market reopened after five weeks to the most savage wave of selling in decades, underlining a crisis that’s crippled the economy and pushed the country’s euro membership to the brink.Banks led the plunge following the shutdown, which was due to capital controls to prevent the lenders from bleeding more deposits. Piraeus Bank SA and National Bank of Greece […]

#MarketUpdate: Is the growing US economy going to lead to a rate…

#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 […]

Dr. Ed’s Blog

Dr. Ed’s BlogThis is an excellent article about when the next recession will start. Dr. Ed Yardeni is worth heeding, and you could bookmark his blog to stay in touch with Ed for more information. He believes the next recession might start around March of 2019. This means that we should ride the stock market until we are near the […]

Wall Street slides to end rough week

The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday. Photo: APThe S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector.Biogen more than halved its revenue growth forecast for 2015 and its stock […]

US Stocks: Wall St slides to end rough week on macro, earnings concerns

The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector.Biogen more than halved its revenue growth forecast for 2015 and its stock lost 22 percent to close just above $300.Stocks in the energy and materials sectors weighed […]

Wall Street slides to end rough week on macro, earnings concerns

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, July 23, 2015.Reuters/Lucas Jackson n”>The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector.Biogen (BIIB.O) more than halved […]

Greek debt crisis: Greece begins repaying ECB and IMF as banks …

The VAT rose from 13% to 23%, making some meats, cooking oils other than olive oil, cocoa, vinegar, salt, flowers, firewood, fertilizer, insecticides, sanitary towels and other basics all more expensive.Services hit by the new VAT increases include restaurants and cafes, funeral parlors, taxis, cramming and tutorial schools very popular with Greek students seeking to make up for the deficiencies […]

Why This Biotech ETF Keeps Surging | ETF Trends

Why This Biotech ETF Keeps Surging | ETF TrendsHere is a new biotech ETF stock that is worth buying, BBP. They seem to be doing well at picking winners. I plan to buy BBP soon even though I already own BIB and XBI. I believe good biotech stocks will outperform the general market easily.

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Why This Biotech ETF Keeps Surging […]