Healthcare Highlights From Thursday 5/14 Game PlanEach week at ChartSmarter we like to bring to a little insight into what we do on a daily basis. We have been at it for 5 years and we love doing it. Each night we detail 7 to 8 of our favorite ideas, both long and short, for the next days session. We […]
Benchmarks ended the first trading day of the week in the red, dragged down by declines in technology stocks. Drop in airline stocks also weighed on the broader markets. The lack of progress related to Greece’s debt deal with its creditors also dented investor sentiment. Meanwhile, Friday’s upbeat jobs data continued to intensify concerns about rate hike as early as […]
Europe slips lower, Deutsche Bank surges up to 5% – CNBCThe bank said it will appoint John Cryan to become co-chief executive effective July 1, 2015 to replace Anshu Jain who steps down on June 30, 2015.Read MoreDeutsche Bank: Why the dual-CEO system failedThe lender also said co-CEO Juergen Fitschen to remain in his current role until conclusion of annual […]
There is also the U.S. Producer Price Index Friday, and a heavy calendar of overseas data that could influence markets. Chinese consumer and producer inflation data is released Tuesday, and retail sales and industrial production is Thursday. German industrial production is reported Monday, and euro zone GDP is Tuesday.Markets are also watching the volatile bond market where yields ripped higher […]
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6/6/2015 Investment House Report
* * * *MARKET ALERTS:Targets hit: None issuedBuy alerts: CYBR; QRVO; ZBBTrailing stops: None issuedStop alerts: None issuedThe market alert service is a premium level service where we issue intraday alerts relating to the general market conditions, when stocks hit action points (buy, stop, target, etc.), and when we see other information impacting the […]
Bloomberg TVTom LeeIn the last few weeks, concern has grown that US stocks may have peaked. Fundstrat Global’s Tom Lee isn’t so worried. In fact, he’s got a 2,325 year-end target for the S&P 500. That’s 11% higher from Friday’s levels.”[W]e continue to see a “catch-up” trade for US equities through year-end,” Lee wrote in a note to clients.”The natural question […]
Get ready for tighter China margin-trading rules
Author: Asia Unhedged June 5, 2015Asia UnhedgedChina, crowd funding, margin trading rules, stocksChina’s securities regulator said it is amending margin-trading and short-selling rules. It’s just not telling us when.Zhang Xiaojun, a spokesman for the China Securities Regulatory Commission, made the comments at a weekly news conference. He did not elaborate, reported Reuters. Zhang also […]
Nick DeWolfGlobal bonds recovered from a sharp selloff overnight but US stocks continued sliding and saw their worst day this week. The selloff in stocks came ahead of Friday morning’s big May jobs report in the US – the last one before the Federal Reserve’s June policy meeting. First, the scoreboard:Dow: 17,905.58, -170.69, (-0.94%)
S&P 500: 2,095.84, -18.23, (-0.86%)
Nasdaq: 5,059.12, -40.11, (-0.79%)
And now, the top […]
In his “Investment Adventures in Emerging Markets” blog earlier this year, veteran investor Mark Mobius noted, “According to the Chinese calendar, 2015 is the Year of the Goat (or sheep), creatures that are typically peaceful in nature but can also be stubborn, while exhibiting herd-like behavior.”That year official began on February 19. And so far, the Chinese zodiac has completely […]
A man pushes a music box outside of the headquarters of the National bank of Greece in Athens. Photograph: JOHN KOLESIDIS/REUTERS
European shares fell on Friday after Greek bank deposits slumped to a decade low, raising fears that the country is heading towards a disorderly exit from the eurozone.Following a warning on Thursday from Christine Lagarde, head of the International Monetary […]
