Another quiet session in a week full of them. The S&P 500 gained 0.23% and the NASDAQ 0.38% as morning weakness was bought. This is a good sign again, but these gains are of a grinding nature. Existing home sales for April fell 3.3%, missing an expected 1% gain to 5.24 million units. Earlier in the week, reports showed home […]
NEW YORK (AP) — The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks.Best Buy was among the biggest gainers after reporting earnings that exceeded the expectations of Wall Street analysts. Lumber Liquidators, a specialty retailer of hardwood flooring, plunged after its CEO abruptly quit the company.Stocks are trading at record levels, but […]
Benchmarks ended mixed yesterday after Fed minutes showed officials looked past a June rate hike amid slow economic growth. While the S&P 500 and Dow ended in negative territory, Nasdaq ended in the green boosted by gains in biotech stocks. These three benchmarks had briefly touched their respective closing highs before settling lower.For a look at the issues currently facing […]
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 […]
TraderFeed: Assessing Demand and Supply in the Stock Market
Assessing Demand and Supply in the Stock MarketBy now readers are aware that measures I track closely are buying pressure (demand) in the market versus selling pressure (supply). My measures are derived from a decomposition of the NYSE TICK, which is issued by the New York Stock exchange. The TICK is a […]
Who’s Killing the Stock Market?Stock-Markets / Stock Markets 2015May 21, 2015 – 06:41 AM GMTBy: Money_MorningShah Gilani writes: Liquidity, the grease that allows the world’s capital markets to function, has been murdered.It bled to death in the stock market from a thousand nicks and cuts and was suffocated violently in the bond market by the gloved hands of its erstwhile […]
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), […]
NEW YORK (AP) — U.S. stocks are drifting mostly lower in midday trading as the market comes off its latest record high.Energy stocks fell the most early Tuesday as the price of oil dropped.The Standard & Poor’s 500 was unchanged at 2,129 as of 11:45 a.m. Eastern time Tuesday.The Nasdaq composite fell seven points, or 0.1 percent, to 5,070. The […]
Guest post courtesy of the Hennessee Group.
Hedge Funds Outperform in April
May 19, 2015 – New York, NY – Hennessee Group LLC announced today that the Hennessee Hedge Fund Index gained +1.03% in April (+3.71% YTD), while the S&P 500 gained 0.85% (+1.29% YTD), the Dow Jones Industrial Average rose gained 0.36% (+0.10% YTD), and the NASDAQ Composite Index rose 0.83% […]
CHAPEL HILL, N.C. (MarketWatch) — It’s a bad sign for the stock market that many investors are souring on the hedge fund industry.That’s because hedge funds are in the business of — I know you’ll be surprised by this — hedging. In essence, the average hedge fund offers investors a trade-off: In return for outperformance during bear markets, it lags […]
