Get those trades done before you head out to grandma’s. (Via Wikipedia)WASHINGTON, December 23, 2014 – As a public service, we’re listing dates, times and settlement dates for U.S. and Canadian holiday trading hour from today through the New Year’s holiday.Those trading on international exchanges during the holidays: your mileage may vary. Whether trading on US, Canadian or international markets, […]
Benchmarks ended a turbulent week on a positive note as investors continued to welcome Fed’s decision to remain ‘patient’ before raising the interest rate from near zero level. Moreover, rebound in oil prices helped energy shares post solid gains. The Dow and the S&P 500 posted their biggest three-day gain on Friday. The indexes also registered their biggest weekly advance […]
LONDON, December 22, 2014 /PRNewswire/ –Investor-Edge has initiated coverage on the following equities: Achillion Pharmaceuticals Inc. (NASDAQ: ACHN), Arrowhead Research Corporation (NASDAQ: ARWR), Sunesis Pharmaceuticals Inc. (NASDAQ: SNSS), Array BioPharma Inc. (NASDAQ: ARRY), and Seattle Genetics Inc. (NASDAQ: SGEN). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Friday, December 19, 2014, ended on […]
MARKET SUMMARY- Stocks and oil fall together. Weaker world economy? Increased supply? Does it matter?- Yearend rally is off the rails, but leaders continue holding the line, holding out the chance for a little Christmas magic.- IEA cuts its oil forecast as well.- Michigan Sentiment surges as citizens accept lower growth, lower standards of living as the new normal.- Looking […]
View gallery.The S&P 500 and Dow Jones Industrials continue to march higher. At some point the party will end, but for now, new highs are a daily occurrence.Some of the best performing industries over this latest market tear have been airlines, metals and semiconductors.However, as has been the case for most of the year, biotechnology has also been one of […]
DEC 5thUpbeat Jobs Data Leads To Modest Strength On Wall Street – Shy of a Major Milestone, Dow Closes at New High – Nov jobs report comes in well ahead of expectations – Financials lead on the day, energy falls againU.S. stocks rose on Friday, with the Dow and S&P 500 on track for their seventh straight weekly advance after […]
Worldwide Incongruities: Rising Monetary Bases, Decreasing PricesGary North – December 03, 2014Doug Nolan writes the Prudent Bear column. In his column for November 28, he summarized today’s worldwide insanity.First, the fall in the price of oil.On the back of OPEC’s failure to cut production, crude this week sank $10.36, or 13.5%, to the lowest price since May 2010. The Goldman […]
Even stock markets, and their followers, appreciate a break every once in a while. On Black Friday, they get one.The New York Stock Exchange and the Nasdaq will both close early at 1 p.m. Friday. The bond market, meanwhile, will close at 2 p.m.Traders were first treated to a shortened day following Thanksgiving on Nov. 27, 1992, with a 2 […]
Entering the week we noted holiday weeks are generally known for quiet, low volatility sessions with a modest upward skew – and that is exactly what we have seen this week. The S&P 500 gained 0.28% and the NASDAQ 0.61% as buyers slowly came into the market all day. Orders for U.S. business equipment such as machinery and electrical gear […]
The S&P 500 was up 0.5 percent to 2,063 for the week, and is now up nearly 11 percent from its October lows. The S&P also had its best five-week winning streak since April 2009, and some analysts say its recent gains may take some of the steam out of a potential late December rally.”We beat the Christmas rush and […]
