Trade GBP on Rising Channel Bounce – July 24, 2014By Forexminute – Samuel Rae | Technical Analysis Reports | Jul 24, 2014 5:22AM BSTGBP/AUD has been in a steady uptrend, as indicated by the ascending trend channel on its 4-hour forex time frame. Price to trade GBP is moving close to the bottom of the channel, which lines up with […]
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. […]
Just a reminder if you have not done so, please take 60 seconds to take our quarterly survey; thanks!Stocks recovered some of the losses of the past 2 sessions as the Federal Reserve said the end of quantitative easing should be in October but don’t look for an interest rate hike anytime soon. Fed Chair Yellen testifies to Congress next […]
Real estate has traditionally been a game won or lost based on old-fashioned networking and shoe-leather style hard work — deeply dependent on timing, detecting trends and more than a little bit of luck.
It may not be that way for much longer, however. Big data is changing the way real-estate professionals, buyers, sellers — and even banks — think about […]
Joost Schreve, vice president of mobile at TripAdvisor, probably has one of the best jobs in the travel industry.The former-CEO of Everytrail (the company was bought by TripAdvisor in February 2011) doesn’t really have to get involved in sales or the direct commercial activities of TripAdvisor’s products – instead, he oversees the company’s development of mobile products and gets to […]
Benchmarks started the second half of 2014 on a positive note after economic data showed manufacturing activity picked up in U.S and Asia. Gains in health-care, technology and consumer discretionary sectors also propelled the S&P 500 and the Dow to close at record highs. Bio-tech stocks primarily boosted the Nasdaq. Upbeat U.S. auto sales in June also boosted investor sentiment.For […]
Back in 2001, Buffett said in an interview with Fortune Magazine that “the single best measure” of stock market valuation is by taking the total market cap (TMC) and dividing it by the total gross domestic product (GDP). Today, TMC is equal to 114.5% of total GDP.At the market top in 2007, just prior to a -54% crash in stocks, […]
Benchmarks ended Thursday’s trading session in the red following St. Louis Fed president James Bullard’s comments on a rate-hike. Bullard expects the key interest rate hike to take place sooner than anticipated. The blue-chip index had dropped as much as 119 points, before trimming losses in the post noon session. Economic data on personal consumption expenditure was weaker-than-expected. However, personal […]
Gains in media stocks helped benchmarks shrug off weak economic data and settle in the green. Investors ignored the biggest contraction of the U.S. economy in the first quarter since early 2009 and also overlooked an unexpected fall in durable goods order. Broadcaster stocks rose on Wednesday after Supreme Court ruled in their favor over start-up online-video service provider, Aereo […]
If You Sold in May and Went Away, You Missed Quite a Rally in the U.S.
The old adage suggests to stash your cash in the mattress in May, but it appears the bull U.S. equity market has no respect for the calendar, with the S&P returning 2.1% in the month of May and rewarding investors who were along for the […]
