This is a week of Earnings and Expirations, so at the very least we should expect to see additional volatility in the market. We also have to take into account that the Major Indices, and some Sectors, are technically speaking in a somewhat “vulnerable” position after seeing some early distribution days to start the year.Right now, all the major indexes […]
Markets ended in the red zone for the second-consecutive day on Monday as oil price slide continued to dent investor sentiment. Moreover, dismal earnings outlook also dragged down benchmarks yesterday. However, some merger and acquisition news limited day’s losses. More than 75% of the Dow components ended in negative territory on Monday.For a look at the issues currently facing the […]
Benchmarks snapped two-straight days of solid gains to end in the red on Friday as decline in average hourly wages dented investor sentiment despite strong nonfarm payroll data. Moreover, slump in oil prices after gaining for two-consecutive days also dampened investor confidence. Benchmarks also ended the volatile week in the negative territory.For a look at the issues currently facing the […]
Benchmarks turned positive for the year on Thursday after investors welcomed firming up of oil prices and accommodative monetary policies by the Fed and ECB. Charles Evans’ comment that the Fed may not hit 2% inflation rate target until 2018 also boosted investor sentiment. The S&P 500 posted its biggest one-day percentage gain since Dec 18, 2014. The Dow also […]
Benchmarks continued to suffer losses on Tuesday due to another slump in oil prices. Political uncertainty in Greece and Bill Gross’ dismal outlook for 2015 also dented investor mood. Further, data showing weaker-than-expected growth in the U.S. service sector and a drop in factory orders for four consecutive months weighed on investor sentiment.For a look at the issues currently facing […]
Benchmarks dropped sharply on Monday with energy shares leading the decline due to another slump in oil prices. An increase in production of oil and strengthening of the dollar were responsible for dragging oil prices to its lowest level since 2009. Renewed political unrest in Greece that may result in a possible departure of the country from Eurozone also dampened […]
SAN FRANCISCO (MarketWatch) — Cyberonics Inc. shares declined in the extended session Monday after the medical device maker said its appeal of a medical reimbursement decision was denied.Cyberonics CYBX, +5.49% shares fell 8.1% to $53.10 on moderate volume after an appeals board supported a 2007 decision by the Centers for Medicare and Medicaid that the company’s pacemaker-like device for treating […]
On August 4th the Wall Street Journal carried a breathless tale of how a handful of obscure oilfield suppliers were striking immense riches in the sand dunes of Wisconsin. Owing to the “shale revolution”, the stock price of an outfit that had originated in the stagnating business of supplying sand traps to golf courses, and which had been at death’s door as […]
On August 4th the Wall Street Journal carried a breathless tale of how a handful of obscure oilfield suppliers were striking immense riches in the sand dunes of Wisconsin. Owing to the “shale revolution”, the stock price of an outfit that had originated in the stagnating business of supplying sand traps to golf courses, and which had been at death’s door as […]
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Biotech Stocks Make Big Moves In Final Days Of 2014 … – Benzinga
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