Investors in Lumber Liquidators (NYSE:LL) are hitting the roof, as there appears to be no floor to how low the hardwood-flooring firm will fall. Its stock, fresh from yesterday’s 8.06% implosion, is tumbling another 20.49% even as we speak. This, after the company pre-announced awful Q2 earnings that included a shocking 7.1% slide in its same-store sales.
October is hands down the single scariest […]
Will Overseas Stock Market Volatility Hit U.S. Shores?Stock-Markets / Stock Markets 2014Jul 02, 2014 – 11:59 AM GMTBy: Clif_Droke
While the U.S. indices have been mostly upbeat, most of the action has been in Europe. Stocks across several European exchanges were hard hit last week as investors overseas panicked over a slate of negative news – […]
ENPH – Enphase Energy – Solar Stock Trading Close To Its All Time Highby Olivier on May 23, 2014Solar stocks might be setting up for a bounce trade here. Instead of going for the most oversold one I decided to pick ENPH – Enphase Energy where earnings are out of the way and where there is almost no overhead resistance […]
Below is a look at the quarter-to-date and year-to-date stock market performance for 75 countries around the world. So far this quarter, the average change for the 75 countries shown has been +1.12%. For the year, the average country is up 4.76%. In 2013, the US found itself in the top half of the list in terms […]
Below is a look at the quarter-to-date and year-to-date stock market performance for 75 countries around the world. So far this quarter, the average change for the 75 countries shown has been +1.12%. For the year, the average country is up 4.76%. In 2013, the US found itself in the top half of the list in terms […]
The question of the day is relatively straightforward at this time: Will we see a meaningful decline (defined as a loss of -10 percent or more) on the S&P 500 in the near term or not?From the bears’ perspective, the answer is an unequivocal “yes.” Our furry friends cite the ongoing mo-mo meltdown [Social Media (SOCL), Internet (FDN), and Biotech […]
High-frequency traders in the European Union are set to face some of the toughest rules in the world, as legislators backed rules that they said would curb volatility and make markets safer.The limits include standards meant to keep the price increment for securities from being too small, mandatory tests of trading algorithms and requirements that market makers provide liquidity for […]
Worldwide IT spending is expected to increase this year, but it’s nothing compared to how much money will flow into Big Data. And for employees at those companies, more money is certainly a good thing.
As a new IDC report reveals, spending in the Big Data market will reach $32.4 billion by 2017, or nearly six times the growth rate of […]
For the first time in quite some time we got yet more dovish words from the ECB and hawkish, no action again. Yet, this time, rather than the euro rallying the lack of action did not price support the euro. This is interesting and possibly meaningful price action.“QE was discussed” was about as dovish as the language got as inflation […]
Negative news from Asia got stocks off on the wrong foot on Monday to start the week. A late rally in the last hour of trading fell just short of lifting any of the major U.S. averages into positive territory, with both the S&P 500 and NASDAQ ending the day down less than 0.1% after having been lower by 0.5% […]
