friday

US stocks plunge in early trading after Chinese stock rout – Business …

eapcontent.ap.orgPeople watch trading boards at a private stock market gallery in Kuala Lumpur, Malaysia on Monday, Aug. 24, 2015. Stocks tumbled across Asia on Monday as investors shaken by the sell-off last week on Wall Street unloaded shares in practically every sector. (AP Photo/Joshua Paul)NEW YORK (AP) — U.S. stock markets plunged in early trading Monday following a big drop […]

Summarizing The "Black Monday" Carnage So Far

It’s officially Black Monday, if only in China for now.We warned on Friday, after last week’s China rout, that the market is getting ahead of itself with its expectation of a RRR-cut by China as large as 100 bps. “The risk is that there isn’t one.” We were spot on, because not only was there no RRR cut, but Chinese […]

Bad news: Even after panic, stocks aren’t cheap

Bad news: Even after panic, stocks aren’t cheapMonday, August 24th, 2015 | Posted by Michael JonesThe most famous minder of valuations, Robert Shiller, said Friday morning on CNBC that “valuations are high, quite high by historical standards. It’s only been a few other episodes in U.S. history when they’ve been this high.”Shiller’s reference point for valuations is not the forward […]

Are Stock Markets Setting Up For A New 'Black Monday'? | Zero Hedge

The major U.S. stock market indices finally corrected after a 9-month sideways trend. The ‘big’ news this week for stocks was undoubtedly that the four indices all closed below their 200-day moving average, which IS an important breakdown.The key observation on the chart below, is the violation of the steep uptrend (highlighted with the rising green dotted line), which started […]

America’s favorite stocks in bear market territory – WVTM13

The U.S. stock market is in the midst of a minor panic attack, and it’s taking America’s favorite stocks with it.
Apple and Disney are two of the most beloved stocks among regular Joe and Wall Street investors. Both got hammered this week. Apple fell almost 9% and Disney slid nearly 8%.Then there’s Netflix. The stock has been on fire this […]

This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock …

This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History
By Michael Snyder, on August 21st, 2015We witnessed something truly historic happen on Friday.  The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crash on Thursday.  When you add those two days together, the total two day […]

U.S. stock market collapsing as global currency war heats up …

(NaturalNews) Amid a global financial system that remains in flux, oil prices tanked Friday as well, sending prices below $40 a barrel for the first time since the Global Recession was at its peak in 2009.Prices touched a six-and-a-half year low of $39.86 a barrel for a brief period, rising above $40 to settle around just above that mark by […]

China to stabilise stock market for 'number of years' – Business Insider

© AFP Johannes EiseleThe Chinese government intervened to stem a rout in the Shanghai market after it crashed 30 percent from its peak in mid-JuneShanghai (AFP) – China’s market regulator on Friday vowed to stabilise the volatile stock market for a “number of years”, saying a state-backed company tasked with buying shares will have an enduring role.”For a number of […]

Aquinox Pharmaceuticals is up an insane 1,000% since Thursday and has been halted 6 times today

The last two trading sessions have been wild for Aquinox Pharmaceuticals.On Friday, shares spiked by up to 400% after the company reported earnings numbers, and positive trial results for a drug that treats bladder pain syndrome.On Monday, the stock surged by up to 365%. It’s now up more than 1000% from Thursday’s closing price of $1.79 per share.RelatedToday’s stock-market bubble is […]

Stock Market Crash, Bear Market Rally in Gold? :: The Market Oracle …

Stock Market Crash, Bear Market Rally in Gold?Stock-Markets / Financial Markets 2015Aug 10, 2015 – 10:05 AM GMTBy: Brad_GudgeonI’m attaching three charts today: One chart of the daily SPY shows the parallel between Friday and March 3, 2015. The next one, shows where it could go as far as price and time is concerned, and the third shows the weekly […]