Stocks slip Thursday on disappointing economic reports.Although the Dow Jones Industrial Average managed to hit new record intraday and closing highs on Thursday, stocks generally declined in the wake of an awful report on initial unemployment claims from the Department of Labor. Initial claims for the week ending December 14 climbed by 10,000 to a dismal, 379,000. The four-week moving […]
Reality is always better than fiction. Today the Securities and Exchange Commission charged a — now former — Microsoft “senior manager” with insider trading. The employee, Brian Jorgenson, is accused of working with a friend to trade Microsoft stock and shares of its partners ahead of news such as earnings, generating almost $400,000 in profits over the course of the […]
Why pay E*Trade or Scottrade $7 to trade a stock when you could do it for free? That premise helped mobile investment app startup Robinhood raise the $3 million seed round led by Index Ventures it announced today. With zero-commission trading it will launch next month, Robinhood is out to prove that young people do care about trading stocks — […]
Benchmarks ended in the green on Monday, as investors attempted to predict the Federal Reserve’s next move ahead of its two day policy meeting. Investor sentiment also got a boost from indications of a strong recovery in the economy led by encouraging U.S. manufacturing data and upbeat data from Europe. Two major corporate deals also captured investors’ attention for the […]
Stocks declined Tuesday after a three-day bull run as investors kept searching for clues about when the Federal Reserve would taper its stimulus program. The trading day lacked action and there were hardly any economic data to guide the benchmarks. In fact, the approval of the Volcker Rule also had no role to play in changing investor sentiment. Materials sector […]
Stock Market News for December 9, 2013
by Zacks Equity Research
Published on December 09, 2013 […]
Stock Market Christmas Rally Starts Monday! – ETF Trading Strategies
Stock-Markets / Stock Markets 2013Dec 08, 2013 – 05:45 PM GMTBy: Chris_Vermeulen
Tis the Season for the most powerful seasonality trade of the year!Seasonal ETF Trading StrategiesWith the stock market up big in 2013 and most participants are speculating on a pullback in the next week or two, […]
In most of the obvious ways, the stock market is closing out a very big year: The broad indexes are up more than 20% to reach new all-time highs, and the value of U.S. stocks has scarcely ever been greater relative to the size of the economy.Yet in a few subtle but telling respects, the stock market is shrinking.There are […]
Benchmarks ended in the negative territory on Thursday as encouraging economic reports once again intensified apprehensions that Federal Reserve’s tapering may happen sooner than expected. The economy was reported to have expanded at a faster rate and the initial claims number dropped. Now, Friday’s nonfarm payroll report will be keenly watched for further hints on Fed’s taper decision. The Dow […]
