Much as an academic doyen might conclude a famous lecture series by collecting the salient points into a book Lord Lee, the doyen of ISA investment, marks the end of his interesting and informative My Portfolio column in The Financial Times with the publication of this short book. It has much to recommend it.First, we must recognise the authority conferred […]
US high school wiz makes $72mn on stock marketPublished time: December 15, 2014 12:13Get short URLMohammed Islam (Photo from linkedin.com)TagsFinanceMohammed Islam, a 17-year old school student from New York’s Stuyvesant High School, has made a $72 million fortune trading stocks in lunch breaks. The young investor hopes to become a billionaire next year.The son of Bengali immigrants from Queens, Islam […]
Stock Market Strong Start to Jackson Hole WeekStock-Markets / Stock Markets 2014Aug 19, 2014 – 02:38 PM GMTBy: PhilStockWorldThe S&P 500 rallied at the open and drifted higher to its 0.87% intraday high during the lunch hour. It then traded in a narrow range to its 0.85% close. The popular press attributes the gain to reduced tensions in Ukraine. It […]
Stock Market Two-Day Rally Ends with a Small LossStock-Markets / Stock Markets 2014Aug 13, 2014 – 11:49 AM GMTBy: PhilStockWorldA two-day rally in the S&P 500 was snapped today by a small decline. The index opened fractionally lower and spent the next hour struggling at the level of yesterday’s close. It then slowly zigzagged to its -0.45% mid-afternoon intraday low. […]
Stock Market Morning Rally to a Tiny Trading RangeStock-Markets / Stock Markets 2014Jul 15, 2014 – 10:24 AM GMTBy: PhilStockWorldCourtesy of Doug Short. Some earnings optimism triggered a modest market surge at the open, with Citigroup’s beat grabbing the headlines (C would go on to close with a 3% gain for the day). The S&P 500 rose half a percent […]
Stock Market Second Day of SellingStock-Markets / Stock Markets 2014Jul 09, 2014 – 12:02 PM GMTBy: PhilStockWorldCourtesy of Doug Short.Another day of no economic news coupled with fretting about Q2 earnings took its toll on the market. The S&P 500 opened in the shallow red at its intraday high and sold off to its -0.92% intraday low early in the […]
Stock Market Down Day with Increased VolatilityStock-Markets / Stock Markets 2014Jun 25, 2014 – 02:15 PM GMTBy: PhilStockWorld
Courtesy of Doug Short. Yesterday I pointed out that the last two S&P 500 sessions had the second and third smallest intraday ranges in two decades. Well today that changed. The intraday range (0.28% to -0.73%) increased to 1.02%, which […]
Stock Market S&P 500 Ninth Record Close in Eleven SessionsStock-Markets / Stock Markets 2014Jun 10, 2014 – 12:01 PM GMTBy: PhilStockWorld
Courtesy of Doug Short: With no economic news to distract, the market’s levitation continued, although at a reduced pace. The S&P 500 spent the day in a relatively narrow trading range between its late morning high and […]
Stock Market S&P 1,880 or Bust Again – China’s Melting Away!Stock-Markets / Stock Markets 2014Apr 29, 2014 – 12:34 PM GMTBy: PhilStockWorld
What total BS this market is. NDX fell all the way to 3,480 yesterday but finished the day at 3,556, recovering 76 points (2%) in two hours. Hey, a few more days of gains at […]
A Dovish Fed Feeds the Stock Market RallyStock-Markets / Stock Markets 2014Apr 10, 2014 – 09:50 AM GMTBy: PhilStockWorld
The interim rally that began yesterday picked up steam today, assisted by 2 PM FOMC minutes, which the market saw as accommodative in removing “outdated” the 6.5 percent unemployment target for raising interest rates. The S&P 500 opened higher […]
