*)Making Sense Of The Sudden Market Plunge; The global deflationary wave we have been tracking since last fall is picking up steam. This is the natural and unavoidable aftereffect of a global liquidity bubble brought to you courtesy of the world’s main central banks. What goes up must come down, and that’s especially true for the world’s many poorly-constructed financial […]
NEW YORK (AP) — Stocks are barely moving in midday trading as the market comes off two days of losses.The Dow Jones industrial average edged up six points to 18,076 as of 11:45 a.m. Eastern time Wednesday.The Standard & Poor’s 500 index was up two points, or 0.1 percent, to 2,101. The Nasdaq composite increased 11 points, or 0.2 percent, […]
(Reuters) – U.S. stocks were a mixed bag on Tuesday, with the Dow ending lower after a handful of uninspiring earnings reports while the Nasdaq closed near a record high following a proposed biotech merger.Travelers (TRV.N), DuPont (DD.N) and IBM (IBM.N) shares weighed on the Dow Jones industrial average. DuPont reported lower sales in all of its businesses and said […]
U.S. indexes were generally positive until the closing minutes when some sort of selling program pushed indexes into the red. The S&P 500 fell 0.17% and the NASDAQ 0.32%. News flow was quiet as existing home sales in February were up 1.2%, to an annual rate of 4.88 million units, slightly below expectations.Fun fact: The S&P 500 has gone 24 […]
VIDEO UPDATE: 30m session looking at the long term market charts, top 5 movers on the day, some education, and a kickoff with a personal story of how a stop loss order I had on AMZN bit me for $2,000+, ouch.Indexes finished off a volatile session with strong gains in the closing hour as the S&P 500 closed up 1.30% […]
NEW YORK (CNNMoney)Gone are the days of excessive leverage and the dominance of Wall Street. Gone are the days when the stock market –and U.S. economy — had to be led by banks.”The U.S. economy is transitioning from a financial services economy into something much more real,” said Meredith Whitney, the former star Wall Street analyst who now helps run […]
[BRIEFING.COM] The stock market capped the trading week with losses across the major averages. The S&P 500 fell 0.5% to surrender its weekly gain, while the Dow Jones Industrial Average (-0.7%) and Russell 2000 (-0.9%) underperformed. The two indices posted respective losses of 0.8% and 0.6% for the week.Equity indices were pressured from the get-go after several heavyweights disappointed the […]
It has come to my attention that Leon Trotsky, the Russian communist theorist, would be very much at home in a different global plan to replace the status quo with radical change.I know this because it is easy to imagine a Big Data/cloud proponent saying to traditional data warehouse users what Leon said to capitalists:“You are pitiful isolated individuals; you […]
Editor’s Note: Todd posts his vibes in real time each day on our Buzz & Banter.The equity landscape continues to scrape sideways, a continuation of yesterday’s price action, as stocks work off the overbought condition as a function of time rather than price. The bears had an opportunity late last week and took a solid downside swipe, but that pressure […]
Editor’s Note: Todd posts his vibes in real time each day on our Buzz & Banter.Good morning from Minyanville East, where I’m settling in after a stretch of some much-needed balance. I was off the grid in Cuba at the end of last week — someone is going to make a lot of money when the embargo is lifted — […]
