Benchmarks ended in the green on Monday buoyed by upbeat earnings results and announcement of a rescue plan by Portugal’s central bank. The S&P 500 rebounded from its biggest weekly decline in two years and the Dow halted its four-day losing streak. However, weakness in the utilities sector offset some of the gains.For a look at the issues currently facing […]
Manipulation and Technical AnalysisBy: Tim Wood | Fri, Jul 25, 2014SharePrintEmailIt is no secret that the markets are manipulated. Periodically, the question is asked if the Dow theory, cycles or any other technical methods can remain valid in a world of extreme manipulation. The short answer is, Yes. While manipulation can have a temporary effect on the market by stretching […]
On Tuesday, Janet Yellen gave testimony before Congress. She does this twice a year, just after the conclusion of her semiannual “Run for the Presses” charity marathon. In her speech, Fed chair Yellen stated that, despite the recent strong job reports, she won’t conclude that the economy has recovered until the following metrics are met:
1. Wages must rise.2. Discouraged workers […]
GoGrowth Stocks Showed Weakness On Above Average TradePosted by: : Paul EbelingPosted on: July 16, 2014GoGrowth Stocks Showed Weakness On Above Average TradeIBB, GS, JPM, LO, RAI, FB, MCO, TWTR, YELP, JBHTDJIA +2.9% YTD , S&P 500 +6.8% YTD, NAS 100 +5.7% YTD , Russell 2000 -0.8% YTDDJIA +5.26 at 17060.68, NAS 100 -24.03 at 4416.39, S&P 100 -3.82 at 1973.28Volume: trade was above average at 716-M/shrs changing hands on the […]
Benchmarks scored record highs yet again on Thursday, banking on encouraging June’s nonfarm payroll numbers. Investors were also encouraged by a drop in the unemployment rate. Unemployment dropped to its lowest level in almost six years. The blue-chip index and the S&P 500 closed at a record level for the third straight day. The Dow closed above the 17,000 mark […]
Stock Market Rally – It’s Not As It Appears!Stock-Markets / Stocks Bear MarketJul 03, 2014 – 04:38 PM GMTBy: Tim_WoodAs equities continued to rise during the advance into the 2007 top, I screamed from the roof tops that it was a bear market advance and that the efforts to prop the markets up only served to make matters worse. That […]
Benchmarks ended Wednesday’s listless trading session little changed despite upbeat private sector hiring numbers. Investors refrained from betting ahead of the nonfarm payroll data for June that is scheduled for release on Thursday. Investors also kept an eye on Federal Reserve Chairwoman Janet Yellen’s comments on financial stability.For a look at the issues currently facing the markets, make sure to […]
Technology and small-cap stocks ensured a positive finish for benchmarks on Friday. However, gains were kept in check following a drop in DuPont’s stock. Shares of the company declined after it cut its operating profit forecast for the second quarter and the full year 2014. Markets also received positive economic data on consumer sentiment. Benchmarks had a mixed finish for […]
The ousted CEO and chairman of the board has filed suit against the remaining Medient Studios board members, and the Securities and Exchange Commission has suspended trading in Medient’s stock until July 9.
Citing questions regarding the accuracy and adequacy of publicly available information about the company, including the number of shares outstanding and its operations, SEC Deputy Commissioner Kevin M. […]
Benchmarks ended in the red on Tuesday following a late selloff primarily due to mounting tension in Iraq. The blue-chip index suffered its biggest drop in over a month. The S&P 500 settled in negative territory after touching an intra-day all time high of 1968.17. The day’s initial gains, largely a result of encouraging home sales data and an improvement […]
