Dismal earnings results and weak forecasts weighed heavily on the benchmarks once again, dragging them down on Friday. Markets finished in the red to post their worst monthly performance in over a year. It was also the benchmarks’ first monthly decline since last August. Energy and consumer discretionary sectors were among the biggest losers on Friday.For a look at the […]
Twitter bases the majority of its revenue on advertising in and around its main content river, but a new service from Thomson Reuters points to how it also continues to build up its position as a big-data provider to different vertical sectors. Thomson Reuters is now incorporating sentiment analysis gained from Twitter for its Eikon market analysis and trading platform. The […]
Federal Reserve’s decision to further trim the economic stimulus plan dealt a heavy blow to benchmarks yesterday, which were already suffering following dismal earnings releases earlier in the day. Benchmarks hit multi-months low and S&P 500 is now at its worst monthly performance since May 2012.For a look at the issues currently facing the markets, make sure to read today’s […]
Established retail banks around the world have bit of a problem. There are a whole bunch of new banking players that want to disrupt parts of their business, such as Wonga, Lenddo, Kueski and many others. It’s like being eaten by piranhas. Now Kreditech is poised to be one of those players to really capitalise on this historic shift. Claiming […]
Given the recent pullback in broader-market indices, it seems like an appropriate time to add a bit of perspective with the following four nuggets:1. Even after this week’s pullback, the S&P 500 (SPY) is just 3.27% off its all-time high. Similarly the Dow Jones Industrial Average (DIA) and Russell 2000 (IWM) are just 4.27% and 3.21% off their all-time highs. […]
by David John Marotta and Megan RussellKeynesian economists have cited the rising U.S. stock market as evidence that the economy is picking up steam. Then they’ve been surprised by the unemployment and lack of hiring. The stock market, despite record highs, is not correlated to the performance of the overall economy.The misery index is an economic indicator of unemployment plus […]
Markets ended mostly in the red yesterday after Fed minutes raised concerns about fading gains from the bond purchase program. The reaction to the Fed minutes dragged Dow and S&P 500 lower, but Nasdaq managed some gains. Even the positive private jobs report failed to provide sufficient impetus. In fact, the positive numbers was a concern since such data might […]
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Here and there a book becomes canonical. It is extolled as a “bible,” the standard work in its field. Such is the case with Martin Pring’s hefty, 800-page Technical Analysis Explained: The Successful Investor’s Guide to Spotting Investment Trends and Turning Points, now in its updated and substantially revised fifth edition (McGraw-Hill, 2014).Pring’s book is divided into three parts: trend-determining […]
Markets ended on a high on Tuesday to seal its best yearly performance in a period extending over nearly one and a half decades. Investors were able to look beyond concerns and focus on economic growth numbers and Fed stimulus measures through this year. Benchmarks ended on new highs on many occasions through 2013 and the last day of the […]
