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Major drag, huh ?

“We’re not gonna make it, are we ? People, I mean.”
“It is in your nature to destroy yourselves.”
“Yeah. Major drag, huh ?”
–       From James Cameron’s ‘Terminator 2: Judgment Day’.
Here is a thought experiment. It is January 2000. The last wild Pyrenean ibex has been found dead, squashed by a tree. America Online has just announced an agreement to buy Time […]

Shopify pops 65% on the NYSE, starts trading above $28 per share …

E-commerce platform Shopify began trading above $28 a share, up from the $17 per share price the company originally set last night.The company put up 7.7 million shares of stock for sale this morning (NYSE: SHOP), allowing it to generate well over the $100 million it originally planned to raise, according to its S-1 SEC filing.Shopify is a plug-and-play e-commerce solution that gives merchants the tools […]

CNinsure Comments on Recent Stock Trading Activity Nasdaq:CISG

May 21, 2015 08:37 ET | Source:CNinsure Inc.GUANGZHOU, China, May 21, 2015 (GLOBE NEWSWIRE) — CNinsure Inc. (Nasdaq:CISG) (the “Company” or “CNinsure”), a leading independent online-to-offline financial services provider operating in China, in light of the recent volatility of its stock price, today announced that it is not aware of any material non-public information that would account for such unusual […]

Choppy Asian Stock Markets :: The Market Oracle :: Financial …

Choppy Asian Stock MarketsStock-Markets / Stock Markets 2015May 20, 2015 – 09:18 PM GMTBy: Tony_CaldaroWe track eight country indices in the Asian group. Generally they all bottomed around 2008/2009, surged higher into 2010/2011, corrected, and then most turned quite choppy. A few in the group emerged out of the choppiness and actually started impulsing after beginning EQE or a change […]

Stock Market News for May 20, 2015 – Zacks Investment Research

Benchmarks finished mixed on Tuesday after positive housing numbers raised investor concerns about the timing of a rate hike. Housing starts soared to their highest level in almost seven and a half years in April. While the Dow closed at a record level for the second consecutive session, the S&P 500 and the Nasdaq ended in the red.For a look […]

The Stock Market's Uptrend Is Set To Continue (VTI,WFC)

The most common debate amongst traders is when the prolonged uptrend across the financial markets will come to an end. After such a long run, it is reasonable to believe that the trend is nearing overbought levels and could be preparing to make a sudden reversal, but based on the weekly chart of the Vanguard Total Stock Market ETF (VTI), […]

STTG Market Recap May 19, 2015 – Stock Trading To Go

It was a very quiet session at the index level for the markets as the S&P 500 fell 0.06% and the NASDAQ 0.17%.   Indexes stayed around the flat line all session.  There are Federal Reserve minutes to be released tomorrow but there is a slow down of macro news right now.  April’s housing starts totaled 1.135 million in April, nearly […]

How Danaher, owner of Tektronix, became a stock-market star …

By Justin Fox, Bloomberg ViewEvery once in a while a business journalist notices how well Danaher Corp. has performed during the past few decades, and feels compelled to remark upon it. Well, now I’ve noticed, and I guess the most appropriate remark is, “wow.” Or maybe “jeepers.”Tektronix dealDanaher paid nearly $3 billion for Washington-County based Tektronix in 2007. The deal’s […]

Stock Market News for May 19, 2015 – Zacks Investment Research

Benchmarks ended higher on Monday after dismal housing report pushed back the possibility of rate hike in near term. Fed Chicago President Charles Evans also recommended that the Fed should hold back from hiking interest rates until 2016. Gains in Apple’s shares too boosted the broader markets. Monday’s gains helped the S&P 500 close at a record level for the […]

New York Stock Exchange Launches Bitcoin Price Index – CoinDesk

The New York Stock Exchange (NYSE) has today announced the launch of a bitcoin price index (NYXBT).NYXBT will represent the daily US dollar value of one bitcoin at 4pm (BST) and will be published on the NYSE Global Index Feed (GIF).For a limited period it will also be viewable on the NYSE’s website.Thomas Farley, NYSE group president, said in a […]