Benchmarks ended the last trading day of January in the red after lower-than-expected fourth quarter GDP data dented investor sentiment. However, a rally in oil prices helped the energy shares to end in the green. Benchmarks posted their fourth weekly decline in last five weeks. Benchmarks also registered losses for the second consecutive month. Separately, the S&P 500 and the […]
FidelityProceed with caution.
Fidelity’s mobile app has a new feature called Stocks Nearby. It gives users a list of public companies they can trade in, based on whether those companies have locations nearby.
Josh Barro has the full rundown over at the New York Times.But here’s the bottom line: This makes a bad idea worse.Fidelity is home to the Magellan Fund, once […]
Falling oil prices are bringing smiles to millions of Americans, but they’re also creating headaches for energy companies. Watch for this story to play out during the upcoming earnings season.
NEW YORK (CNNMoney)It’s the best of times for consumer and transportation companies. They are capitalizing on extremely cheap gas that’s left consumers flush with cash.As earnings season begins this week, […]
By Joe Peta
At Novus we’ve examined the performance of many hundreds of hedge funds and we’ve found that, by far, the most important skill to possess is the ability to size positions effectively. That’s because unlike Exposure Management, and to a lesser degree Security Selection, the ability to size positions efficiently is the most persistent and consistent alpha-generating skill that a […]
The son of a millionaire Manhattan hedge fund founder who allegedly gunned down his dad over his allowance has been arraigned on a second-degree murder charge, authorities said.Thomas Gilbert Jr., 30, was also charged with criminal possession of a weapon and criminal possession of forgery devices in the Sunday killing of his 70-year-old father.New York City police said Thomas Gilbert […]
More Fox Business Block gurus: ; Here were the 2014 stock market predictions:Here are the returns from 1/1/2014 to 12/31/2014:Dow: 16,557 to 17,823 (7.5%, or 10% including dividends)
SP500: 1,848 to 2,059 (11.4%, or 13.7% including dividends)
Nasdaq: 4,177 to 4,736 (13.4%, ; or 14% including dividends)
Oil was down 45% for the year.
On to the Fox Business Network gurus! ; These are […]
Great list from Henry Blodget of Business Insider
14 Meaningless Phrases That Will Make You Sound Like A Stock-Market Wizard
“The easy money has been made.”“I’m cautiously optimistic.”“It’s a stockpicker’s market.”“It’s not a stock market. It’s a market of stocks.”“We’re constructive on the market.”“Stocks are down on ‘profit taking.’”“The trend is your friend.”“More buyers than sellers.”“There’s lots of cash on the sidelines.”“We’re […]
Bloomberg TVTom Lee, the most bullish strategist on Wall Street for the second year in a row.In 2014, Wall Street’s stock market forecasts proved too conservative. The S&P 500 closed the year at 2,058, above the year-end forecast of all but one strategist — FundStrat’s Tom Lee. For 2015, Wall Street sees stocks gaining some ground, but few strategists are calling for […]
Bloomberg TelevisionTom LeeSee AlsoThe Most Hilarious Chart Of 2014This Is The Best Illustration Of History’s Bull And Bear Markets We’ve Seen YetThis Oil Map Answers The First Question Everyone Asks When Turmoil Hits The Middle EastAfter 2013’s 31% gain in the S&P 500, almost no one expected 2014 to see double-digit gains in the US stock market, especially considering the […]
Benchmarks ended Monday’s trading session little changed as investors received news on slump in oil prices and political turmoil in Greece. The S&P 500 was able to notch up another record close this year despite a rally among energy shares losing momentum due to drop in oil prices. However, the Dow settled in the negative territory and the Nasdaq remained […]
