* US stock markets backed off new all-time highs on Friday, as they consolidated recent gains thanks to better corporate earnings. Goldmans cut its rating on stocks to neutral for the next three months.* European stock markets had the biggest fall in a week, as earnings disappointed and violence escalated in the Gaza Strip and the Ukraine. Stocks were weaker […]
SummaryThe stock market is overdue for at least a modest pullback in the near-term.
When exactly might we expect such a correction to take place?
How far can we expect the stock market to fall once it finally arrives?
How should investors react once this correction finally takes place?
And what will this anticipated correction mean for the sustainability of the long running bull […]
Originally published July 25, 2014 at 6:38 AM | Page modified July 26, 2014 at 3:04 AMNEW YORK —
Investors got some bad news about the American shopper on Friday, driving down stocks and sending the Dow Jones industrial average to a loss for the week.Two major U.S. companies — the retail giant Amazon and the credit card processor Visa — […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens + 33 and our open trade more than doubles.Market Open (click to enlarge)GWPH (click to enlarge)One hour in (click to enlarge)SFUN (click to enlarge)JRJC (click to enlarge)UNXL (click to enlarge)VIPS (click to enlarge)ADEP (click to enlarge)The Dow closes + 61 […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens – 67 and our open trade equity gets worse.Market Open (click to enlarge)VIPS (click to enlarge)The Dow closes – 48 This is what we closed out: BITA +1325, EDN -1952, CRUS +1395, DL -363, DDD -1000, IMMR +500, INVN […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereAugust Comex Gold futures closed lower on Friday after posting an inside move. This chart pattern tends to indicate investor indecision and impending volatility. This means traders should watch for an expanded range over the next couple of days.Daily August Comex GoldThe main trend turned down […]
The stock of Seattle-based pet insurer Trupanion rose 14 percent in its trading debut Friday.The shares, trading under the ticker TRUP on the New York Stock Exchange, closed up $1.40 at $11.40.The company sold 7.1 million shares, meaning the IPO raised about $71 million before discounts and other costs. The underwriters have an option to sell an additional 1 million […]
Sam Ro
Jul. 14, 2014, 7:52 AM
4,084
Goldman Sachs
Goldman Sachs has finally revised its year-end target for the S&P 500.
In a new note to clients, strategist David Kostin writes that he now expects the S&P 500 to end the year at 2,050, up from his previous target of 1,900.That’s a modest 4.2% gain from Friday’s close of 1,967.”We expect the equity rally […]
Originally published July 11, 2014 at 6:42 AM | Page modified July 12, 2014 at 12:36 AMNEW YORK —
U.S. stocks stabilized and ended with a small gain Friday, but it wasn’t enough to prevent the market’s biggest weekly drop since April.Investors became more cautious this week as corporate earnings for the April-June period began trickling in. Worrisome news about a […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens +94 and our open trade leaps to $18 KMarket Open (click to enlarge)BBRY (click to enlarge)`45 minutes in (click to enlarge)IMMR (click to enlarge)DDD (click to enlarge)3 3/4 hours in (click to enlarge)The Dow closes +129, This is what we […]
