Read MoreMark Cuban rips high-frequency trading This is a disaster for the U.S. capital markets. It only weakens and threatens the very existence of a strong, vibrant, robust capital market. It causes mispricing in stocks and clear frustration among asset managers. You have to ask: Why do we need 90+ venues to trade stocks? Unlike […]
Benchmarks ended in the red zone, dragged down by declines in the Technology and Materials sector. Possibilities of further sanctions on Russia intensified selling pressure post mid-afternoon. The day’s initial gains, largely a result of encouraging durable orders numbers, were eroded by the end of the trading session.The Dow Jones Industrial Average (DJI) fell 0.6% to close Wednesday’s trading session […]
Editor’s Note: Todd posts his vibes in real time each day on our Buzz & Banter where subscribers can follow over 30 professional traders as they share their ideas in real time. Want access to the Buzz plus unlimited market commentary? Click here to learn more about MVPRO.Over the last few weeks, we spent our time mapping the stock market […]
Benchmarks rallied on Thursday after encouraging economic numbers boosted investors sentiment. The rise in Philadelphia Fed’s manufacturing index and an increase in Conference Board’s leading economic index was welcomed by investors. Positive economic data overshadowed Wednesday’s negative sentiment arising from Federal Reserve’s indication of a possible hike in key lending rates sooner than expected. At the same time, investors were […]
Receding fears of further military action related to Russia’s annexation of Crimea helped benchmarks end in the green for the second straight day. The S&P 500 moved close to its record high following reports that Russia may not occupy other parts of Ukraine. The Nasdaq got a boost from the surge in technology stocks. Meanwhile, investors look forward to the […]
Benchmarks rose on Monday after Crimea’s vote to join Russia was conducted peacefully. The S&P 500 moved above the key technical level of 1,850. The Dow rose for the first time in five sessions and all its 30 components finished in the green. Investors focused on encouraging domestic economic numbers; eventually helping markets return to positive territory.For a look […]
Investors’ anxiety ahead of the referendum vote during the weekend in Crimea compelled benchmarks to end in the red on Friday. The tension between Russia and Ukraine along with concerns over a possible slowdown in China impacted the markets through this week. The S&P 500 fell below the key technical level of 1,850 for the second day in a row […]
Benchmarks erased initial losses to end Wednesday’s trading session on a mixed note. During the morning session, markets had slipped following a selloff in Asian and European equities over growing concerns about the Chinese economy. The lingering tension in Ukraine also dented the mood of the investors. However, the S&P 500 and Nasdaq entered the positive territory late in the […]
Here are daily bar continuation charts of gold and silver futures. I think both markets are headed up to targets which lie between the red and green lines on the chart. In each case the red line corresponds to the September 2013 high. In gold the green line is the midpoint between the October 2012 high and the July 2013 […]
Benchmarks ended lower on Tuesday as investors booked profits on a day devoid of major economic developments. Rise in US wholesale inventories and job openings in January provided little excitement to the investors. On top of that, a fall in small business sentiment somewhat damaged the mood. In the retail segment, the deal between Jos A Bank […]
