By Steve SearsGoldman Sachs is telling clients to hedge the bio-technology sector in anticipation of a sharp decline. Early Monday, the bank told clients to buy SPDR S&P Biotech ETF (XBI) December $230 puts. During the pre-market, the ETF was priced at $255, and the put was at $15.50.
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“These puts are about 10% out-of-the-money and cost about […]
Despite poor retail sales stocks bounced higher for the fourth straight session. Energy and Biotech stocks led the overall market today. Energy seems to be finding support at early 2015 lows. Biotech continues its run despite fundamentalists crying foul over earnings multiples. Transportation stocks lagged the market along with utilities. Bonds rallied a bit today as they continue to remain […]
Outside, I take in the scene: street preachers denouncing Gnosticism, a lone banker trying to garrote himself with ticket tape, and the Bull – that gold, beautiful bull – running through the streets like Zeus. I chase after it for a quote, but, like the dubious financial transactions powered by super-compressors, it is too quick.Smoke. Weeping. Screams.I hire now-former JP […]
Bob Bryan
Jun. 24, 2015, 3:49 PM
376
In the years since the financial crisis, stocks have rebounded strongly returning over 200% value to investors. Despite this strong news, millennials are skeptical of diving in.According to a survey done by Goldman Sachs, almost 40% of young people do not want to invest in the stock market at all. Another 45% say they are skeptical […]
PBS NewshourRobert Shiller.There isn’t a full-on stock market bubble breaking out, but it sort of looks like it. In an interview with Goldman Sachs’ Allison Nathan this weekend, Yale professor and Nobel Laureate Robert Shiller was asked if the stock market is currently in a bubble. Shiller wouldn’t go so far as to say we’re definitely in a bubble, but said there are […]
Mike Bird
Feb. 23, 2015, 8:21 AM
13,818
It’s something that sounds pretty odd to most people who follow financial and international news: Russia’s stock market is the best performing in the world so far this year.It’s up by 28%, dwarfing the European equities rally (the major French, Italian and German indices are all up by more than 10%), and eclipsing the S&P […]
Apple shares are currently valued at roughly $124 each in intraday trading, giving the Cupertino-based company a record-breaking market cap exceeding $720 billion. Apple stock continues to rise after the iPhone maker became the first U.S. company to close with a market cap over $700 billion on Tuesday, the same day in which CEO Tim Cook spoke live at the […]
SummaryFull review of market performance in 2014 for the Dow Jones, NASDAQ, and S&P 500.
The best opportunities and weaknesses to be aware of coming into 2015.
What strategists and banks are forecasting for 2015 stock market.
2015 stock market forecast for the short, mid, and long term based on state of the art predictive algorithms.
How 2014 performed with accordance to 2013 predictionsDow […]
BloombergOppenheimer’s John StoltzfusSee AlsoGOLDMAN: The Stock Market In 2015 Will Be … MehUBS On Stocks: ‘Roll Tide, Roll…’CITI: Our Asian Clients Can’t Believe We’re Not More Bullish On US StocksAfter seeing the S&P 500 surge 210% from its March 2009 low, Wall Street’s stock market strategist have become increasingly conservative with their forecasts. Most see single-digit returns in 2015.Oppenheimer’s John […]
Bloomberg TelevisionGoldman Sachs’ David KostinSee AlsoGOLDMAN: Here Are The 15 Best Stocks For Fat Dividends And Huge BuybacksGOLDMAN: Everybody In Texas Is Resigned To Lower Oil PricesUBS On Stocks: ‘Roll Tide, Roll…’Goldman Sachs equity strategist David Kostin is out with his 2015 outlook for the S&P 500.Kostin’s price target: 2,100.This equates to a roughly 5% return for the benchmark stock […]
