Benchmarks ended higher on Friday after China’s central bank and ECB’s efforts to stimulate their economies boosted investor sentiment. The S&P 500 and the Dow finished at record levels for the 45th and 28th times this year, respectively. The Nasdaq also gained, but its advance was limited due to declines in large-tech companies. Meanwhile, all the three indexes recorded gains […]
Two Biotech Stocks Set to Double on One Powerful CatalystCompanies / BioTechNov 21, 2014 – 02:46 PM GMTBy: Money_MorningWilliam Patalon writes: When I earned my MBA from the Rochester Institute of Technology (RIT) back in the mid-1990s, my focus was finance and investing.But it was a management professor who clued me in to some of the best ways to “look […]
Policy Issues; Ag Economy; Trade; Tax Extenders; Regs; Biotech; and, ImmigrationCategories: Agricultural Economy /Farm Bill /Immigration /Regulations /TradePolicy IssuesBill Tomson reported yesterday at Politico that, “‘It’s never too early to start on the next farm bill,’ said Rep. Mike Conaway, the next chairman of the House Agriculture Committee.“The Texas Republican, whose position in the top agriculture post was confirmed Tuesday by […]
Ag Economy; Farm Bill; Budget; Immigration; Trade; Biotech; and, RegulationsCategories: Agricultural Economy /Budget /Farm Bill /Immigration /RegulationsAgricultural EconomyA news release yesterday from USDA’s National Agricultural Statistics Service (NASS) indicated that, “According to the November Crop Production report released today by [NASS], corn production is expected to reach 14.4 billion bushels this year, up 3 percent from 2013 [related graph]. Soybean production is […]
We continue to see bull market action as a quiet morning led to dip buyers emerging in the afternoon again. The S&P 500 gained 0.31% and the NASDAQ 0.41%. there was little in the way of news – this is just a classic melt up.The NASDAQ has been consolidating for a week and a half after a big surge. Meanwhile, […]
REUTERS/Heino KalisStock market bulls are back in control.Something has changed in the stock market. In early October, bond yields fell, stocks dropped, and people began throwing out comparisons to the violent stock market crash of 1987. But since the October 15 bottom, stocks have rallied back to new record highs, but the reasons why make Bank of America Merrill Lynch strategist Michael […]
Here is an Elliot Wave technical analysis on EUR/USD from Goldman Sachs for the week ahead (report dated 07 November 2014).—EURUSD has met its minimum target for a 5th wave…The minimum target for wave 5 of 5 from May comes in at 1.2395; the low has been 1.2358
This level is a 1.00 multiple of wave 1 and, if held as […]
Snacking is officially a craze. More than nine out of 10 Americans snack daily — a quarter of them three to five times every day, according to a recent Nielsen survey. But it’s not just people in the U.S. who are sneaking a bite. Snacking is now a $374 billion global industry, and it’s growing 2 percent annually.Europeans spend nearly […]
Five years ago, President Obama signed the Matthew Shepard and James Byrd Jr. Hate Crimes Prevention Act.That law, enacted in memory of two people brutally killed in hate crimes, has generated important police training and outreach to prevent crimes rooted in hate-filled discrimination and bigotry. It also has produced comprehensive statistics — in tandem with the Hate Crime Statistics Act […]
During the 2012 presidential election, USA Today ran a daily feature in which its technology partner, Topsy (since acquired by Apple), provided a sentiment score for each candidate. On May 1st, the first day the feature ran, for instance, Barack Obama scored 34 and Mitt Romeny scored 26. On November 7th, the day after the election, Obama scored 85 and […]
