Stocks declined for the third consecutive day after strong retail sales data caused profit booking and heightened concerns regarding a near term tapering of the Fed’s stimulus program. The S&P 500 closed at a one month low and the Dow dropped by more than hundred points for the second consecutive day. The energy sector was one of the biggest gainers […]
Repost from Forbes article by John FurrierEvolving quickly alongside today’s business demands, the data scientist profession is faced with the challenges of interdisciplinary rarity. And the job pool is struggling to keep up. Just as we’re beginning to put Big Data in its place, its human counterpart seeks definition within the modern enterprise.Can the data scientist keep up with today’s growing data […]
NEW YORK Good news was finally good news for the stock market on Friday.Stocks rose sharply after the government reported a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy.The strengthening job market focused investors on the nation’s improving economy instead of concerns about the Federal Reserve’s […]
The Dow and S&P 500 extended their losing streak into a fourth successive day as strong private sector labor data intensified apprehensions that the Federal Reserve would soon begin trimming its economic stimulus package. Stocks traded lower for most of the session before make up for some losses ahead of the closing bell. The prevailing mood of uncertainty meant that […]
Major Stock Market Crash In January? It’s Going To Be A Whole Lot Worse Than In The 1930s
Chart: http://modernsurvivalblog.com/wp-content/uploads/2013/11/major-stock-market-crash-in-january.gifIs there a major financial crash in our near future? You must check out this stunning analogy between the current day Dow Jones Industrial Index compared with the time period 1928-1929 leading up to the memorable stock market crash…The pattern of stock price […]
The Dow and S&P 500 hit new highs on Friday, notching up their sixth consecutive week of gains riding high on Federal Reserve chair nominee Janet Yellen’s recent comments supporting the Central Bank’s stimulus program. Shares of Exxom Mobil Corp. moved higher after Warren Buffett’s Berkshire Hathaway Inc. revealed that it had acquired an additional stake worth $3.45 billion in […]
The Dow and S&P 500 finished Thursday’s trading on new highs following Janet Yellen’s comments during her Senate confirmation hearing. Yellen suggested that the Federal Reserve’s soft monetary policy could continue until the economy shows signs of significant strength. A couple of economic reports were released yesterday. Initial claims slipped, declining for the fifth time in a row. Among the […]
From a trader’s point of view, there is one commodity that is worth infinitesimally more than any other. And it’s not cutting-edge technology, advanced technical analysis, or profound macroeconomic insight – although these are undoubtedly hugely valuable – it’s information.Not just any information – after all, the world is filled with more information than even the most powerful computers could hope […]
Benchmarks moved higher on Friday, following an unanticipated boost in U.S. jobs growth in October. Consequently, the S&P 500 moved up for the week, following its worst performance in ten weeks on Thursday. The increasing prospect of the Federal Reserve tapering its stimulus program starting December raised bond yields. A few domestic reports were also released on Friday, providing data […]
Stocks ended sharply lower on Thursday, after weak earnings from Whole Foods and Qualcomm dragged down the S&P 500 and Nasdaq. However, Twitter made an impressive debut on the bourses yesterday. Meanwhile, a number of government reports were published yesterday. These reports along with Friday’s much awaited job’s numbers will give investors some insight into how long the Fed will […]
