Ahmad Nawawi/FlickrInvestors and financial journalists scrambling to find an explanation for the recent plunge in global stock markets have plenty of suspects. Some look abroad for scapegoats: Greece or China. Others blame Janet Yellen: the Federal Reserve she chairs is at long last on the verge of raising interest rates, if only slightly. Personally, I blame the decline in share […]
Bad Day at the Stock Market, Ellen Page vs. Ted Cruz, Dr. Dre Is Sorry: P.M. Links
Robby Soave|Aug. 21, 2015 4:30 pm
ABC News screenshotThe Dow Jones Industrial Average plummeted 500 points on Friday.
Actress Ellen Page, who came out as gay last year, ambushed Ted Cruz at the Iowa State Fair. They argued about gay issues.
Dr. Dre issued an apology for […]
Many individual investors have opted to invest in biotech ETFs and mutual funds. The XBI and SBIO funds have performed well because they focus more on small and mid-sized biotech companies. The IBB, which has emerged as something of a proxy for the industry for many investors, is weighted much more heavily to bigger, more proven biotech companies.The volatility of […]
On the heels of President Barack Obama’s trip to Kenya this summer, in which the U.S. president called on Kenya to overcome ethnic divisions, a new study provides insights into the economic cost of segregation in developing countries and how to overcome it.
The study, published in Administrative Science Quarterly, looks at how actors from diverse and competing social groups can […]
INDONESIA CRASH1. Locals find plane wreckageThank you for voting HappySadAngryDon’t CareInspiredAfraidAmusedAnnoyedThe wreckage of a passenger plane which went missing with 54 people aboard in rugged eastern Indonesia Sunday, August 16, has been found by villagers. The plane was operated by Trigana Air, a small airline that was put up in 1991 to fly 40 local destinations in Indonesia. It has […]
Lucia Mutikani of Reuters reports, Improving U.S. jobs market bolsters case for Fed rate hike:
U.S. employment rose at a solid clip in July and wages rebounded after a surprise stall in the prior month, signs of an improving economy that could open the door wider to a Federal Reserve interest rate hike in September.Nonfarm payrolls increased 215,000 last month as […]
Jim Cramer’s ‘Mad Money’ Recap: This Stock Market Is No BargainByScott RuttFollow|08/06/15 – 08:12 PM EDTSearch Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener.NEW YORK (TheStreet) — Not every falling stock is a bargain, Jim Cramer warned his Mad Money viewers Thursday. Some are falling knives that will only lead to bright red losses.Cramer explained […]
U.S. stock futures were under pressure in early trading ahead of this morning’s release of the July employment report-seen as a key piece of the economic puzzle on whether the Fed might hike interest rates next month. (CNBC)
The Dow is looking to break a six-session losing streak Friday, after closingThursday at a six-month low. Media, biotech, and energy stocks served […]
Related BZSUMMid-Morning Market Update: Markets Edge Higher; Coach Beats Q4 ExpectationsMid-Day Market Update: Monday’s Top 10 Volume StocksRelated Morning Market GainersBenzinga’s Top #PreMarket GainersMidday Gainers / Losers(Seeking Alpha)Chinese Premier Li Keqiang expressed his anger by criticizing financial and economic officials in China for allowing its stock market to plunge in a meeting with officials on July 4. China took another […]
Stock Market SPX Triggers Sell SignalStock-Markets / Stock Markets 2015Aug 03, 2015 – 05:43 PM GMTBy: Anthony_CherniawskiSPX has now crossed below both the 50-day Moving Average and the 2-hour mid-Cycle support at 2097.72. SPX is back on an aggressive sell that becomes a confirmed sell below the 200-day Moving Average at 2069.43.TYX/TNX both appear to have finished their declines for […]