Liberals may think a majority wants gun control because they only talk with other liberals. It’s a result of their penchant for suppressing views other than their own!Via The Blaze:A well regulated Militia, being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed.Lately there has been much […]
Liberals may think a majority wants gun control because they only talk with other liberals. It’s a result of their penchant for suppressing views other than their own!Via The Blaze:A well regulated Militia, being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed.Lately there has been much […]
Chicago PMI and Consumer Sentiment Trigger Stock Market Rally to All-Time High
By Jon C. Ogg February 28, 2014 10:15 am EST
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Friday’s economic reports should not have made much of a dent, nor should they have created much of a bump in the stock market. Gross domestic product (GDP) was a revision for the fourth quarter. Now we have Chicago Purchasing […]
Goodbye SAC Capital. Hello SEC Capital. A new study released by Rajgopal of Emory and White of Georgia State confirms what most have long known: SEC employees are immaculate stock pickers and “that a hedge portfolio that goes long on SEC employees’ buys and short on SEC employees’ sells earns positive and economically significant abnormal returns of (i) about 4% […]
After closing 2014 at a then-all-time-high of 1,848, the stock market (represented by the S&P 500) has been on a bit of a wild ride since the beginning of the year.It climbed to its now all-time high of 1,850 on Jan. 15, then tumbled all the way to 1,737 on Feb. 5.Turmoil in the emerging markets had market watchers everywhere […]
Lojko: social media mattersHelping traders to understand input from social media can be a key differentiating factor, according to Albert Lojko, head of content strategy, data management and delivery at Thomson Reuters.Lojko previously worked at online trading company Tradeweb, where he was involved in building the site’s trading platform. He joined Thomson Reuters and began work on its Eikon trading […]
Lululemon Athletica Inc. shares have fallen 19% this year and close to 30% over the past 12 months, but Monica Rizk, technical analyst at Phases & Cycles Inc. in Montreal, thinks more losses are in store for investors in the yoga retailer.“The stock may eventually have a recovery rally… but such an occurrence would merely provide a better exit price,” […]
The blogger who styles himself KidDynamite brought this to the attention of those of us who follow him. And we all had another occasion to chuckle wisely about the foolishness of the notion that all securities always priced correctly. William Alden, of DealBook, somehow produced a rather straight-faced report on all this. He even explained what the company […]
Think the U.S. market has been on a nice run? Try Egypt.Here’s a one-year chart of the CASE-30 index, via Bloomberg. The index is up a breathtaking 55% just since last summer.BloombergCoincidentally or not (probably not, actually), the bottom almost perfectly coincides with the Egyptian army toppling Morsi last summer, proving once again that moments of extreme chaos can make […]
Having just missed out of +500% returns in the Caracas stock market last year, the reality of a hyperinflating world continue to cause chaos in the real world of Venezuela. As Bloomberg reports, the bolivar’s 73% decline against the dollar on the black market in 2013 is fueling contraband and worsening shortages of food and consumer goods in a country […]
