I was away last week, touring a potential gold project in Nevada. So, naturally, the market had to throw a hissy fit and puke up all sorts of losses. The S&P 500 dropped 5.69% last week. That’s the first 5%+ decline since September 2011.This week started off with the Dow Jones Industrials taking a massive plunge of over 1,000 points. […]
SummaryAs an update from my previous article, I am reviewing some European biotech picks and introducing new favorites.
Owing to strong fundamentals and an increasing number of significant deals in the sector, a technologically diversified, European biotech portfolio makes more sense now than ever.
The main investment thesis remains that leading small-cap European biotechs are reaching maturity and present a great value […]
Benchmarks ended Wednesday’s volatile trading session with modest gains after Fed minutes hinted at a possible rate hike this year. While “several” officials favored a rate hike in June, others opined a rate hike isn’t necessary until later this year as strong dollar and drop in oil prices will keep inflation rate lower. Meanwhile, new deal between Mylan and Perrigo […]
LONDON (MarketWatch) — The main indexes in Paris, Amsterdam, Brussels and Lisbon resumed trading on Thursday, after failing to open at the usual time of 9 a.m. local time. The failure was due a technical incident, a spokesperson from exchange operator Euronext ENX, +0.15% said. In late-morning action, France’s CAC 40 index PX1, +0.25% was up 0.1% at 4,378.16, the […]
SummaryThe situation in Iraq is almost certain to get worse before it gets better.
Markets are vulnerable if the situation gets significantly worse.
Oil prices look likely to head higher […]
Trying to predict price trends by studying charts is a popular investment technique. In fact, technical analysis is probably the most common form of securities selection because anyone can do it without much training. Predicting that prices will rise because they have been rising is an easy decision. Avoiding securities that have trended down is […]
RBC Capital Markets released its 30 best global stock ideas for the coming year and eight Canadian companies made the grade.“Similar to 2013, our 2014 list remains focused on companies that should be positively correlated to the ongoing global economic recovery,” said Marc Harris, director of global research at RBC Capital Markets.“However, consistent with an economic cycle that is maturing, […]
“If you’re on Wall Street, you would just assume that you’re being ripped off, unless you were the one doing the ripping off,” says Dave Lauer, who has helped build robotic systems at top firms like Citadel.This is the opening of The Wall Street Code, a new documentary on the mysterious and sometimes incomprehensible world of high frequency trading produced […]