Another day of selling pressure in bio-tech and technology stocks dragged the benchmarks down on Friday. Also, disappointing corporate earnings weighed on the markets. However, higher wholesale prices in March and an increase in preliminary consumer sentiment in April failed to restrict the day’s loss.For a look at the issues currently facing the markets, make sure to read today’s Ahead […]
Overbought Index, Stocks, and Sectors 2014
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Deutsche BankChart 1.Volatility has returned to the markets, and growth stocks in information technology and health care have led the way down.The chart above, from Deutsche Bank strategist Keith Parker, shows the extent to which fund positioning has helped fuel the recent decline in the stock market.”Performance over the last month across stocks and sectors has been driven by position […]
“Keep
calm and carry on.”Brad
McMillan, chief investment officer at Commonwealth Financial, keeps a copy of the
famous motivational World War II-era British sign above his desk but insists he
didn’t need to refer to it once during what felt to many observers like a stock
market meltdown throughout
the day Thursday.McMillan,
however, was far from hitting the panic button.“I’ve
seen things bounce up and bounce down before […]
Benchmarks ended in the red zone yesterday, once again dragged down by declines in momentum and bio-tech stocks. The bearish mood weighed on Nasdaq the most as it suffered the largest decline in two and half years. Separately, discouraging Chinese trade data unnerved investors. The day’s positive economic data on unemployment benefits failed to restrict the day’s loss.For a look […]
Read Full Article ›› TAGGED: Joe Weisenthal, Stock MarketRECOMMENDED ARTICLESApril 9, 2014US Boom? A Demographic TailwindJoe Weisenthal, Business InsiderApril 7, 2014The Chart to Watch for Supposed Market BubbleJeff Saut, MinyanvilleStrategist Jeff Saut offers his latest thoughts on the stock market. more »April 7, 2014This Extraordinarily Ferocious SellingJim Cramer, TheStreet.comWhen you have a selloff as dramatic as we have had […]
Library Of CongressStocks are tanking today.
This move mirrors other dives in recent weeks — a decline that has taken the tech-heavy NASDAQ down 7% from its highs and the S&P and Dow about 3% from their highs.Drops like that are no big deal. But some signs suggest that this pullback — or another one sometime soon — could get […]
One part of the market has held on, another part seems to be falling apart.
Over the last month or so the S&P 500 and Dow Jones Industrials have essentially moved sideways, but the Nasdaq and Russell 2000 have clearly trended lower.
Tech stocks, and specifically biotech stocks, have really taken a beating. However, there has been a slight recovery over the […]
Benchmarks soared on Wednesday primarily boosted by the encouraging minutes from the central bank’s policy meeting. Fed officials are said to be in favor of hiking rates only when they are sure about the economic recovery. Alcoa’s positive quarterly numbers boosted its share price, somewhat driving the broader market as well.For a look at the issues currently facing the markets, […]
Stock Trading Alert: Uncertainty Following Yesterday’s Move Up – New Uptrend Or Just A Quick Bounce? By: Paul Rejczak | Thu, Apr 10, 2014 SharePrintEmailStock
Trading Alert originally published on Apr 10, 2014, 6:57 AM:Briefly: In our opinion no speculative positions are justified.Our intraday outlook remains neutral, as the market may retrace some of yesterday’s
move […]
