Judging from the atmosphere at last week’s JP Morgan Healthcare conference in San Francisco – which industry veteran and long-time participant Henri Termeer described as the “most optimistic” he had every experienced – the industry’s well-documented problems are clearly behind us. After a decade in the doldrums, the biotech market is on a bull run stretching back more than a […]
Benchmarks ended a five-day losing streak on Friday after energy shares recovered following a rally in oil prices. Oil prices registered their first weekly gain in last eight weeks on Friday. Meanwhile, investors remained focused on mixed economic data and corporate earnings. Investors also assessed Swiss National Bank’s surprise decision to do away with its long-standing decision of fixing the […]
Chinese stocks plunged Monday after the country’s securities regulator rapped three major brokerages for continuing to lend money for stock purchases in violation of rules. As punishment for extending so called “margin trading” contracts, the brokerages are forbidden to offer credit to new customers for three months.How much did shares fall?At one point Monday, the Shanghai Composite Index was down […]
FidelityProceed with caution.
Fidelity’s mobile app has a new feature called Stocks Nearby. It gives users a list of public companies they can trade in, based on whether those companies have locations nearby.
Josh Barro has the full rundown over at the New York Times.But here’s the bottom line: This makes a bad idea worse.Fidelity is home to the Magellan Fund, once […]
NEW YORK (AP) — Oil and gas companies led U.S. stocks up Friday, setting the market up for its first gain in more than a week.KEEPING SCORE: The Standard & Poor’s 500 index rose 16 points, or 0.8 percent, to 2,009, as of 3 p.m. Energy companies led all 10 of the index’s industries to gains, surging 3 percent.The Dow […]
Will Collapse in Oil Price Cause a Stock Market Crash? By TOM THERRAMUS AND STEVE AUSTIN for OIL-PRICE.NET, 2015/01/14The Black Monday stock market crash of October 19th, 1987 was the largest one-day percentage decline in the Dow Jones Industrial Average. The crash was a genuinely perplexing event. To informed observers it seemed to have little basis in economic fundamentals. There […]
This is a week of Earnings and Expirations, so at the very least we should expect to see additional volatility in the market. We also have to take into account that the Major Indices, and some Sectors, are technically speaking in a somewhat “vulnerable” position after seeing some early distribution days to start the year.Right now, all the major indexes […]
CIA Economist Warns of Stock Market CrashPosted by: : Shayne HeffernanPosted on: January 10, 2015CIA Economist Warns of Stock Market CrashMount Weather is a national security stronghold located near the Blue Ridge Mountains.Its maze of underground bunkers is known as “Area B.”My colleagues have given Mount Weather the code name “High Point Special Facility.”This is where Congressional leadership was transported […]
They say good things come in threes. If so, biotech companies could be in for not just another year of outperformance, but another decade. The first era of biotech was a building phase, when companies created their first blockbuster drugs. The second, current one, has resulted in a four-year rally that reflects the sector’s transition from a cluster of one-hit […]
Sam Ro
Jan. 8, 2015, 7:34 AM
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REUTERS/Carlos BarriaA man talks on the phone inside the Shanghai Stock Exchange building at the Pudong financial district in Shanghai.JonesTrading’s Dave Lutz has what traders are chatting about right now.Good Morning! US Futures are jumping nearly 1% following strong European market action – More hopes that Crude is in a bottoming process helping sentiment, Very […]
