Immunogen (NASDAQ:IMGN)Shares of Immunogen soared as much as 68% on June 1, 2015 after the company reported positive results in patients with platinum-resistant ovarian cancer. There are about 21,290 cases of women who get ovarian cancer in the United States each year. The problem is that a lot of these patients that take chemotherapy treatments such as platinum and paclitaxel […]
Tara Clarke: Are U.S. markets soaring to new highs for the right reasons, or are we in a stock market bubble?What Is a Stock Market Bubble?A stock market bubble occurs when investors drive stock prices above their true market value.Have you ever wondered how billionaires continue to get RICHER, while the rest of the world is struggling?“I study billionaires for a living. To be […]
How to Protect Yourself From a Summer Stock Market Correction or CrashBy Jon C. Ogg June 9, 2015 10:35 am EDTPrintEmail It is now June, and the echoes of “sell in May and go away” are still ringing. In fact, the Dow Jones Industrial Average went negative for the year on June 8. With the bull market now more than […]
Benchmarks ended the first trading day of the week in the red, dragged down by declines in technology stocks. Drop in airline stocks also weighed on the broader markets. The lack of progress related to Greece’s debt deal with its creditors also dented investor sentiment. Meanwhile, Friday’s upbeat jobs data continued to intensify concerns about rate hike as early as […]
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In the post-financial-crisis era, a lot of stock-market watchers have attributed the market’s gains to the Federal Reserve’s ultra-easy monetary policy.And these folks had some evidence. They observed that whenever the Fed discontinued a quantitative-easing (QE) program, volatility would spike and stock prices would fall. QE involved the monthly purchases of billions of dollars worth of bonds, an effort […]
Are U.S. markets soaring to new highs for the right reasons, or are we in a stock market bubble?Two indices just hit record highs: The Nasdaq Composite reached 5,107 on May 27, and the S&P 500 climbed to 2,130.82 on May 21.But Nobel Laureate and Yale professor of economics Robert Shiller told Goldman Sachs on May 29 that while he […]
Who is Robert Prechter, and why should investors care that he is warning them to be on high alert for a potential collapse in the stock market?The president of Elliott Wave International, Prechter may not be a household name on Main Street, but he’s widely known on Wall Street as the foremost authority on the Elliott Wave principle, a forecasting […]
TORONTO – The Toronto Stock Exchange began the week with a triple-digit decline Monday morning.The S&P/TSX composite index was down 167.04 points at 14,790.12.Declines on U.S. markets were less dramatic.The Dow Jones industrial average was down 27.56 points at 17,821.9, the Nasdaq index fell 17.43 points to 5,051.03, and the S&P 500 declined 4.82 points to 2,088.01.The loonie traded at […]
There is also the U.S. Producer Price Index Friday, and a heavy calendar of overseas data that could influence markets. Chinese consumer and producer inflation data is released Tuesday, and retail sales and industrial production is Thursday. German industrial production is reported Monday, and euro zone GDP is Tuesday.Markets are also watching the volatile bond market where yields ripped higher […]
Oscar Williams-Grut
Jun. 8, 2015, 3:16 AM
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REUTERS/Murad SezerTurkish President Tayyip Erdogan cast his ballot at a polling station during the parliamentary election in Istanbul, Turkey, June 7, 2015.Turkey’s stock market is tumbling and the lira is down over 5% against the dollar this morning after Turkish president Recap Tayyip Erdoğan suffered a huge poll in elections.Erdoğan’s AKP has suffered its first […]
