Summer doldrums drivel:+ It’s a “stockpickers” market now. That means the market is about to fall big time.+ Yields are rising. When muni bond yields hit 5%, investors will flee equities and load up on bonds, especially investors in high-tax states like New York and California.+ No deal for Greece spells stocks will fall. (At least today.)+ Everyone is at […]
Related LENEarnings Scheduled For June 24, 2015Can Lennar Post Low-Teens EPS Growth? Experts & Crowd DisagreeNotable earnings before Wednesday’s open(Seeking Alpha)Related NFLXLucky Number 7? Netflix Splits Stock, Shares RiseNetflix Goes 7-For-1; Vanda Pharma And FibroGen Lead Tuesday’s After-Hours MoversNETFLIX(Investor’s Business Daily)Some of the stocks that may grab investor focus today are:Wall Street expects Lennar Corporation (NYSE: LEN) to report its […]
Stocks Peak in 2000The chart below shows the 2000 peaking process in the NASDAQ. The index made a lower high, a lower low, and then dropped below the 50-day moving average shown in blue.Stocks Peak In 2007The chart below shows the 2007 peaking process in the NASDAQ. The index made a lower high, a lower low, and then dropped below […]
ReutersAn investor stands in front of an electronic board showing stock information at a brokerage in Shanghai December 31, 2014.See AlsoDevelopers in China are giving away Porsches to sell housesChina’s 60 million ‘left-behind’ children highlight the country’s devastating povertyUS officials are preparing to confront China over some ‘very problematic’ issuesOne of China’s top stock market regulators has been arrested.The head […]
Good morning.Hope you all had a relaxing weekend, because today should be as dramatic as anything we’ve seen since the eurozone crisis began over five years ago.In the coming hours, the most powerful politicians and officials in Europe will hold a series of emergency meetings that will, most likely, determine the future of both Greece and the wider eurozone.This really […]
Argentina: CNR has dispatched the first three of 27 three-car DMUs that it is supplying for the Belgrano Sur commuter network in Buenos Aires (RG 11.13 p19). The final batch is expected to be shipped in August.Australia: Nomad Digital is to provide a proof-of-concept remote condition monitoring system for testing on four Metro Trains Melbourne Alstom X’trapolis EMUs ahead of […]
Stock Market Monday Big Drop?Stock-Markets / Stock Markets 2015Jun 21, 2015 – 04:46 PM GMTBy: Brad_Gudgeon It looks as though the US stock market could plunge Monday. We have Saturn Semi-Sq. Pluto while Saturn is in Scorpio and while Jupiter is trine Uranus. On the cycle front we have a Gann cycle low due Monday while we also have a […]
Is Biotech Finally In A Bubble? | Seeking AlphaDoctoRx has written an outstanding article on the biotech sector. I agree 100% with the doctor that biotech stocks are worth a good portion of your portfolio. I own XBI, the small cap biotech ETF, and BIB, the 2x leveraged ETF for large cap biotech stocks. These two stocks have far outperformed […]
It’s been an ugly week for Chinese equities, but today’s performance is a whole other level of ugly:
Today marked the fourth largest decline of the Shanghai Composite in two decades.We’ve discussed the insane valuations on the Shanghai and Shenzen stock-exchange before. As our regular readers will know, today’s fireworks have been a long time in the making.Today the benchmark Shanghai Composite plunged 6.4%. That brings […]
While the stocks are not cheap, they’re not expensive, he added. What investors are paying for is high quality growth and high quality earnings.Read MoreCramer: Secret pattern to unlocking biotech richesIn fact, he thinks people have underappreciated biotech’s “fantastic” margins, noting that the companies now have 50 to 70 percent operating margins and “tons of real cash flow.””These are real […]
