David W. Bianchi, “Blue Chip Kids”
May 13, 2015, 3:38 PM
4,162
When I was in college I took an economics class where the professor put up a chart showing the historical price movement of the Dow Jones Industrial Average.He then put up another chart that looked almost identical to the first one. Every time the Dow went up the other chart went […]
by Tiho Brkan, Short Side of LongChart 1: Equities recently suffered a technical reversal at record highs… Source: FinViz.comPrinter-friendly VersionEmail This Article
This weeks trading sessions in the US equities continue to show evidence of weakness, as majority of the US equity indices stalled at resistance levels. Couple of days ago, the S&P 500 opened at intraday record highs but closed with an outside […]
Traders work on the floor of the New York Stock Exchange on March 16, 2015.Many Americans believe that the economic recovery has only recently picked up steam. But one group that is widely seen as benefiting in recent years are investors in the stock market. This is a point that former Sen. James Webb, D-Va. — a potential longshot candidate […]
“We have a habit of looking at crude as a barometer for global economic growth,” said Art Hogan, chief market strategist at Wunderlich Securities. Regressive analysis by his firm showed that for the last 25 years the S&P 500 has only had a 0.03 correlation with crude. That correlation has jumped to 0.7 since crude began its plunge last June.Among […]
SAN FRANCISCO (MarketWatch) — Gold futures fell for a second session on Monday as investors shifted their attention to stocks. December gold /quotes/zigman/635641/delayed GCZ4 +0.25% shed 50 cents to settle at $1,310.50 an ounce on the Comex division of the New York Mercantile Exchange. The stock market extended gains as geopolitical risks eased and on dovish remarks from the Federal […]
Gartman: Bull market hasn’t ended
Dennis Gartman of the Gartman Letter weighs in on El Pollo Loco’s performance and dissects today’s selloff.
Following a down day for stocks, the S&P 500 could fall another 3 percent, Dennis Gartman said Thursday.”We’re going to see the S&P make its way down close to 1,860 or 1,875 and so,” Gartman said on CNBC’s “Fast Money.”But […]
[BRIEFING.COM] The stock market capped the trading week with losses across the major averages. The S&P 500 fell 0.5% to surrender its weekly gain, while the Dow Jones Industrial Average (-0.7%) and Russell 2000 (-0.9%) underperformed. The two indices posted respective losses of 0.8% and 0.6% for the week.Equity indices were pressured from the get-go after several heavyweights disappointed the […]
The stock market is hitting new records almost daily (it happened again on Friday), but the reality isn’t as rosy as it seems.When people talk about how the “stock market” is doing, they often look at the S&P 500 index. It’s currently at 1,923, the highest level it has ever been.There’s just one problem: That record level is in “nominal” […]
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By AAP | 23.05.2014 11:55 PM
US stocks have opened higher after mixed earnings reports ahead of a long holiday weekend to commemorate Memorial Day.Five minutes into […]
NEW YORK (MarketWatch) – U.S. stocks reversed early gains and […]
