What can possibly go wrong with stocks these days? Consumer confidence in March leaped to the highest level since January 2008, just before the financial crisis annihilated it. Institutional investors’ risk appetite, as measured by State Street’s confidence index, backed off only a smidgen in March to the second highest level in the data series going back to 2005, down […]
Benchmarks ended in the red zone on Friday dragged by a fall in the bio-tech stocks and futures and options expiration. Investors also had to focus on the latest developments in the Crimea region. However, the indices ended the week with modest gains.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall […]
Recent events in Turkey, and prior events in Egypt and Libya got me thinking about the amazing power of social media.On Thursday, Turkey’s prime minister Recep Tayyip Erdogan vowed to eradicate twitter, adding “The international community can say this or that – I don’t care. They will see the power of the Turkish Republic.”The next day a “digital coup” occurred […]
The U.S. spent $5 billion dollars on overthrowing the Ukraine government and it succeeds. Crimea makes up about 10% of the land mass of Ukraine. So the U.S. government got 90% of Ukraine by overthrowing the elected government while Russia got just 10% of the land mass from free elections in Crimea, and the U.S. government has the audacity to […]
SharePinterestFacebookEmailIn case you were paying too much attention to the crises in Ukraine or Venezuela, President Obama went on Zach Galifianakis’ internet show, “Between Two Ferns,” to push Obamacare.The president’s appearance on the show is part of a larger PR push that the Obama administration is conducting leading up to the March 31 open enrollment deadline. Reports from the White […]
Another Stock Market FOMC Mini-DramaStock-Markets / Stock Markets 2014Mar 20, 2014 – 09:43 AM GMTBy: PhilStockWorld
Courtesy of Doug Short: Today’s market provided a familiar drama for FOMC Wednesdays. The S&P 500 traded in a narrow range from the opening bell to the 2 PM release of the latest FOMC statement. The index immediately dropped about ten points […]
Receding fears of further military action related to Russia’s annexation of Crimea helped benchmarks end in the green for the second straight day. The S&P 500 moved close to its record high following reports that Russia may not occupy other parts of Ukraine. The Nasdaq got a boost from the surge in technology stocks. Meanwhile, investors look forward to the […]
In this video I show how the sensitive SMI (Stochastics Momentum Indicator) flashed a positive signal today possibly indicating that the trend up that began in the beginning of February has resumed. I talk a little about today’s volume and a little bit about the very questionable small head and shoulders tops on the major indexes that I talked about […]
Posted on: 5:55 am, March 18, 2014, by Staff Writer, updated on: 04:32am, March 18, 2014High-tech combines and satellite connections pose a new problem for farming: Who gets all the data? In the past, it was assumed all the information farmers collected was theirs, but with internet sending data straight to massive hubs, large corporations have valuable farming habits and […]
Well that didn’t take long! The stock market goes down for a week and the bears are coming out of hibernation. We are starting to see more posts like Hale Stewart’s More signs of a US equity market top. For bulls and bears alike, it was time to take the weekend, relax, and review the upside and downside risks in […]
