Benchmarks ended in the red zone yesterday, once again dragged down by declines in momentum and bio-tech stocks. The bearish mood weighed on Nasdaq the most as it suffered the largest decline in two and half years. Separately, discouraging Chinese trade data unnerved investors. The day’s positive economic data on unemployment benefits failed to restrict the day’s loss.For a look […]
Chris Hondros / Getty ImagesFA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Value Stocks May Be Coming Into Favor (BlackRock)The high-growth momentum stocks have recently taken a beating. Biotech stocks are down 15% from their February peak and the recent King Digital Entertainment IPO was a flop, with the stock […]
Anti-Malaysia sentiment builds in social media in China in wake of MH370 tragedyAnti-Malaysia sentiment in social media in China is mounting following the news that all passengers on board the MH370 have most likely perished, among them 153 Chinese.More than 37,000 posts have appeared on popular Chinese social network Weibo under the search term “never visiting Malaysia” since yesterday, according […]
Good morning, and welcome to our rolling coverage of the financial markets, the world economy, the eurozone and business.Markets took the news that US interest rates could rises sooner than expected in their stride yesterday. New Fed chief Janet Yellen caught markets on the hop when she indicated that the first hike could come as early as March 2015. But […]
Good morning, and welcome to our rolling coverage of the financial markets, the world economy, the eurozone and business.Markets took the news that US interest rates could rises sooner than expected in their stride yesterday. New Fed chief Janet Yellen caught markets on the hop when she indicated that the first hike could come as early as March 2015. But […]
In another example of life duplicating the media, it seems like most people here and abroad have been consumed by watching a real life episode of Lost for the last week. The question of what happened to Malaysia Airlines Flight 370 has quickly soared to the opening spot on all of the network news shows, much as Lost and its Oceanic Airlines Flight 815 climbed quickly […]
China showed its first trade deficit in the past two years in February, and one of the few deficits since the country began tracking the data. Exports showed an alarming 18.1% year-over-year decline and 45% drop from the prior month. The drop was due to a significant weakening in steel goods shipped to developed economies such as the US and […]
With shares of LinkedIn (NASDAQ:LNKD) trading around $209, is LNKD an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework:T = Trends for a Stock’s MovementLinkedIn is an online professional network with more than 90 million members in over 200 countries and territories. Through the company’s platform, members […]
So far the overnight session has been a replica of yesterday, with the all important carry trade once again fizzling overnight during Japan trading hours, and dipping as low at 101.60 before staging a modest rebound to the 101.8 level. We expect the “invisible” 102.000 USDJPY tractor beam to be again engaged shortly and provide market support and/or levitate stocks […]
Often when a strong sell-off hits the stock market, the first stocks to go are the big momentum stocks that hedge funds often chase for performance and alpha. Right behind them you can often find the small-cap biotech stocks that have huge promise but do not fit well when there is a risk-off mentality. The recent sell-off, which totaled almost […]
