Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereSeptember 10-Year U.S. Treasury Note traders drove the market higher after the U.S. released disappointing jobs data on Friday. Concerns about the strength of the labor market could underpin the T-Note market until the next Fed meeting in September. Today, there are no U.S. economic releases […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe AUD/USD rebounded on Friday after U.S. Non-Farm Payrolls data tempered prospects of an interest-rate increase by the Federal Reserve coming sooner than later.On August 1, the U.S. Labor Department released its jobs report. The report showed the economy added 209,000 jobs which was less than […]
Quick Note Blain: Friendly reminder, Mark Minervini’s Master Trader Workshop $1000 off special ends tomorrow night, July 31st. If you are thinking about attending Mark’s October workshop in Myrtle Beach, the discount is definitely worth taking advantage of.The Federal Reserve did nothing surprising ($10B reduction in quantitative easing a month) and a market that was sort of weak/neutral […]
However, shares of General Motors Company (GM – Analyst Report) dropped 4.5% after the company reported second quarter 2014 adjusted earnings of 58 cents per share, missing the Zacks Consensus Estimate of 78 cents per share. The auto manufacturer reported disappointing second-quarter results largely due to recall costs that chopped $1.5 billion from the company’s bottom line. Further, the company […]
Bloomberg TVJeremy Grantham
Jeremy Grantham has published his latest quarterly letter to GMO clients.
In it, he continues to deliver his message of caution, warning that the stock market is expensive and is priced to deliver paltry returns for years to come.And he continues warn that we are heading for a bubble.”[M]y recent forecast of a fully-fledged bubble, our definition of which […]
Stock Market SPX Highs A Fed IllusionStock-Markets / Stock Markets 2014Jul 18, 2014 – 03:42 PM GMTBy: Zeal_LLCThe surreal US stock markets have continued melting up in recent months, spurred ever higher by the Federal Reserve’s money printing and jawboning. The resulting record highs in the headline indexes have been widely trumpeted by Wall Street as evidence of a strong […]
By Rachel Goldfarb, originally published on Next New DealClick here to subscribe to Roosevelt First, our weekday morning email featuring the Daily Digest.Stiglitz: I’m ‘very uncomfortable’ with current stock levels (CNBC)Roosevelt Institute Chief Economist Joseph Stiglitz emphasizes the difference between a strong stock market and overall economic strength, reports Antonia Matthews.Roosevelt Take: William Lazonick looks at the link between the […]
Justin Mamis is a famed technician and legendary strategist. His book When to Sell was one of the first to address that obviously important but oft overlooked aspect of trading & investing.He is now 85, and after a long career observing markets, is finally retiring. He has graciously made his final commentary available for the public as he sails off […]
Benchmarks ended Tuesday’s trading session little changed after investors took a breather. However, the minute gains helped the blue-chip index close at a record level for the tenth time this year. The S&P 500 snapped a four-day winning streak and ended in the red as investors focused on stock valuations. An increase in job openings and a rise in U.S […]
Benchmarks notched record highs again on Thursday following the announcement of stimulus measures by the ECB intended to boost Eurozone’s recovery. The S&P 500 closed at a record high for the 17th time this year. The blue-chip index also closed at a record level for the 7th time this year. The Nasdaq too closed at a level last seen in […]
