Thursday was the third day this week they tried to “gap up” the market in premarket, and instead sellers came in hot and heavy once the actual session started. These gap ups are making it difficult for the market to “flush out” and create a near term oversold condition. The S&P 500 fell 0.92% and NASDAQ 1.48%. A measure of […]
SummaryThe BlackBerry business model has all but collapsed in recent years.
A recent $1.25 billion convertible bond deal has stabilized BlackBerry business results. The debt financing, however, should not be confused for improved business performance.
Bitcoin Technical Analysis 31st JulyBy Forexminute – Yes Option | Bitcoin | Jul 31, 2014 8:14AM BSTBTC/USD on the hourly charts broke below the important support level of $572 which it had been clinging onto since last couple of days. As soon as the support was breached, BTC/USD saw a huge sell off on the back of above average volumes. […]
Malcolm Morrison, The Canadian PressPublished Monday, July 28, 2014 6:54AM EDTLast Updated Monday, July 28, 2014 5:19PM EDTTORONTO — A drop in energy stocks helped push the Toronto stock market slightly lower Monday as traders brace for a heavy slate of earnings reports this week, particularly from the resource sector.The S&P/TSX composite index gave back 9.82 points to 15,445.22.”This week […]
Indexes opened up to start Tuesday but sold off modestly as the day progressed as someone somewhere tried to find something negative in the Yellen comments to Congress. So they found a blurb where she called valuations stretched for smaller social media and biotechnology stocks and those areas sold off. Something like this is usually forgotten about in 24 hours. […]
SummaryIn January of 2013 I saw similarities between the stock of Apple and BlackBerry even though they were at opposite ends of the spectrum.
At that time, I suggested a pair trade was in order. I stated to go long Apple and short BlackBerry.
Microsoft Corporation (MSFT) has been on a tear lately, and is regularly setting new highs as it hovers round $41 for the first time since the dot-com days of 2000. MSFT stock is up almost 45% in the past year, double the 21% or so for the S&P 500 in the same period.As I wrote recently, one obvious catalyst for MSFT has […]
How big data will transform media agenciesThe next few years will see clients look to aggressively leverage the big data wave that is washing over all areas of business says Chris Walton, who argues the changes will see some prosper, others disappear and new data savvy entrants arrive in the market.Of course you may well disagree that big data is […]
Editor’s Note: Todd posts his vibes in real time each day on our Buzz & Banter.Good morning from Minyanville East, where I’m settling in after a stretch of some much-needed balance. I was off the grid in Cuba at the end of last week — someone is going to make a lot of money when the embargo is lifted — […]