(AP Photo/Richard Drew)
Thanks to the removal of just one word in a monetary policy statement and a subsequent weakening in the U.S. dollar, the equity markets have rallied over the last two-and-a-half trading sessions — and the sea of green was abundant in market action on Friday. All three indices opened for trading in positive territory and only climbed […]
Financial technology startups are getting funding from the very industry they hope to disrupt.Known in short as fintech, these startups are changing the way people pay, lend, and invest, threatening the long-established and entrenched financial systems. In the past couple years, fintech has increased in notoriety among financiers and investors, most notably in London and New York.From investing in growing […]
Just as the BIS has grown concerned at “the markets’ buoyancy hinges on central banks’ every word and deed.,” the following two charts show, perhaps more worryingly and more clearly that any others just how bipolar (and short-fuse schizophrenic) the world’s equity markets have become…Sentiment has been totally crazy.. swinging from utterly dysphoric to complacently euphoric and back to ‘brink […]
Free PreviewFor full access, Log in or Subscribe Now and get 4 weeks free!CHAPEL HILL, N.C. (MarketWatch) — Who is winning the “market of stocks versus a stock market” debate on Wall Street?This is one of the longest-lived debates, in no small part because there is no right answer. There are some market environments in which the vast majority of […]
There’s nothing better than getting a great value — and let’s face it, when the market tumbles, often great stocks get crushed too. That could end up being particularly true in biotech. Since 2013, the industry’s return has tripled the S&P 500’s return, and that may mean that with the market slipping lately, biotech’s leading names — including Celgene — […]
Benchmarks ended in negative territory on Friday as upbeat nonfarm payroll data reignited fears about sooner-than-expected interest rate hike. Meanwhile, the unemployment rate declined to six and a half year low in February. The S&P 500 witnessed its biggest one-day decline in last two months on Friday. Moreover, benchmarks finished in the red for the second consecutive week.For a look […]
During a recent chat with a long-time investing-minded friend, the topic naturally drifted to the recent strong market performance and what that meant for our goals.Perhaps like many others, our goals can be broken up into two separate but related hopes. One, the mildly optimistic version, is that we save and generate enough investment returns to retire comfortably — live […]
A calm trading session ended with the Dow and S&P 500 slipping into the red as another decline in oil prices affected energy shares. Though these two benchmarks eased off their record highs, the indices were able to erode a chunk of their initial losses following a late-afternoon rally. However, a rally in Apple’s shares propelled Nasdaq to its ninth-straight […]
Eurozone backs Greek reforms, enabling €172bn rescue extensionPublished time: February 24, 2015 09:43Edited time: February 24, 2015 15:03Get short URLReuters / Yves HermanTagsFinance, MarketsGreece’s eurozone creditors have approved the reform plan it put forward, which paves the way for the country’s €172 billion bailout to be extended until June.“National procedures for extension of the Greek programme can begin,” EU Euro […]
Source: Celgene CorporationIt’s been proven time and time again that investing for the long haul outperforms short-term trading, but biotechnology stock investors must also realize that the industry moves so quickly that only the best-of-breed players ought to be stashed away for the long term. For that reason, while I’m happy to own a few speculative biotech stocks here and […]
