Benchmarks settled in the green on Wednesday due to gains in technology and telecom stocks. The S&P 500 and the Dow closed at a record level for the 47th and 30th times this year, respectively. Separately, the Nasdaq was boosted by gains in bio-tech stocks. However, the gains were limited by another slump in energy shares. Meanwhile, the day’s discouraging […]
Stock Trading Alert: No Clear Short-Term Direction As Stocks Fluctuate Along Record HighsBy: Paul Rejczak | Wed, Nov 26, 2014SharePrintEmailStock Trading Alert originally published on November 26, 2014, 6:26 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,085 and profit target at 1,950, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is bearish:Intraday […]
Morningstar.comJeremy GranthamYou could argue that Jeremy Grantham is bullish.In a new quarterly letter to GMO clients, the gloomy veteran fund manager predicts the S&P 500 could see another 10% surge from the 2,041 level we’re at today.”My personal fond hope and expectation is still for a market that runs deep into bubble territory (which starts… at 2250 on the S&P […]
View gallery.Last week’s market price action was somewhat like watching paint peel. In other words, there just wasn’t much going on.Even though the market edged higher for the fourth straight week and the S&P 500 hit new record highs, the gains came during the smallest market moves since 1979.After Monday, the benchmark S&P rose or fell less than 0.1 percent […]
View gallery.With the help of an almost vertical rise in the overall stock market, most industries within the market have also performed very well. As they say, “a rising tide raises all ships.”Some industries, however, have performed better than others. For example, airlines and railroads have been the two top-performing industries, while gold miners have been the worst.Another industry that’s […]
The stakes have become decidedly higher for two of the three local stock traders accused of running a penny stock pump-and-dump scheme.A federal grand jury has indicted Alexander Hawatmeh of Salem on charges of conspiracy to commit securities fraud and money laundering. It charged Mikhail Galas of Vancouver, Wash. with conspiracy to commit securities fraud.Galas pleaded not guilty Thursday at […]
SummaryIs recent stock market action significant or just a blip to Dow 40,000?
What is the market telling us from a historical perspective?
Does this market pass the “eye” test?
The recent stock market action reminds us that it is important to evaluate the broader picture. This comment applies whether you are a trader taking a position for as little as a day, […]
Lincoln Alerts Stocks For 8.5.14 Take A Free Trial To Our Live Trade Room.New post : 12 Rules Every Trader Must Learn Read it hereAfter locking in +20k in gains for July we have followed up August with close to +5k in the first 2 trading days. I have a feeling this will be another outstanding month. We teach all our strategies live and in real […]
Benchmarks settled in the red zone as concerns about the timing of a rate hike by the central bank rates kept investors jittery. Friday’s largely positive economic data could only lift the stocks momentarily as concerns from Thursday over a spike in US labor costs and a credit default by Argentina continued to weigh on investors. The S&P 500 posted […]
Big Data and the mindset that comes with it will have a fundamental impact on how pharmaceutical research will be conducted in the future, writes Peter Tormay.Innovation is the corner stone of the pharmaceutical industry. Unfortunately, the industry as a whole is not very good at it. For the last two decades the approval of NME’s has been largely flat […]
