Benchmarks ended Thursday’s trading session in the red following St. Louis Fed president James Bullard’s comments on a rate-hike. Bullard expects the key interest rate hike to take place sooner than anticipated. The blue-chip index had dropped as much as 119 points, before trimming losses in the post noon session. Economic data on personal consumption expenditure was weaker-than-expected. However, personal […]
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.Red and white, blue suede shoes. I’m Uncle Sam; how do you do?”
–Grateful […]
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 […]
The tourism industry, however, is still reeling from a plunge in visitors to the “Land of the Smile”, they said.Bank of Thailand spokeswoman Roong Mallikamas said the political uncertainty that began late last year had hit the financial market hard. Inflows of foreign funds fell compared to other countries in the region, which weakened the baht, she said.Domestic investors, however, […]
The DrunkeynsianFA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Its Time To Bail On The Stock Market When Two Of Bob Farrell’s Investing Rules Meet (Gluskin Sheff) We’re not at the market top yet according to David Rosenberg at Gluskin Sheff. Citing legendary Merrill Lynch strategist Bob Farrell, Rosenberg argues […]
Benchmarks had a volatile run through the session, rebounding from a mid-day slump to settle in the green powered by new deals and upbeat economic reports. New deals between Medtronic and Covidien, Williams Companies and Access Midstream Partners, Level 3 Communications and TW Telecom, and SanDisk and Fusion-io boosted sentiment. Encouraging data on manufacturing activity in the New York region, […]
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.Get busy living, or get busy dying.
— Andy DufresneA few days ago I […]
President Barack Obama’s decision to refrain from sending in ground troops to Iraq helped benchmarks end in the positive zone on Friday. His comments partially eased concerns about oil supply disruption due to the ongoing Iraqi sectarian clash. Intel’s second-quarter revenue forecast hike also helped benchmarks shrug of early jitters caused by weak consumer sentiment data. Nonetheless, the Iraqi situation, […]
Of the hundreds of startups that sprang up in the wake of the data explosion to help organizations bring their vast troves of unstructured information under control, SiSense is among the most convincing. The company, which describes itself as the “Robin Hood” of the business intelligence market on its website, offers a complete analytics package for the enterprise touted as […]
SummaryThe earnings outlook for growth stocks has been improving lately which could explain some of the fuel behind social media names.
Data from the Estimize platform supports the theory that both Wall Street and investors are becoming increasingly optimistic about growth companies and more specifically […]
