“All his marketing makes him look like a jerk,” says Jo-ann Skyes. She is, oddly enough, speaking about her son.His name: Timothy Sykes. At the ripe, young age of 33, he was the ostentatious self-made millionaire you may recall having seen on the reality TV show “Wall Street Warriors.” He was the only memorable character on the show — none of […]
US financial markets drifted in morning trading on Thursday, with energy stocks among the biggest decliners as crude oil prices fell. Photograph: Richard Drew/AP
Private employers added 212,000 jobs in February, short of a forecast 220,000, although January’s reading was revised upward to 250,000 from the initial 213,000.US stocks were poised for a lower open on Wednesday, putting the S&P 500 […]
This post is an update to various past posts concerning the stock market bubble, most recently that of November 21, 2013 titled “Is The Stock Market Experiencing A Bubble?”Many people don’t believe that we are currently experiencing a stock market bubble because their primary reference regarding stock market bubbles is that of the mid- to late-1990s, in which there was […]
NEW YORK — Some entrepreneurs looking for startup funding got a wad of money near the end of last year, but there are concerns the boom may not last.Startup iFunding is a beneficiary of the surge. The website focused on real estate investing raised nearly $2 million in just a month. Typically, it would take at least six months to […]
NEW YORK (MarketWatch) — The U.S. stocks were under pressure on Wednesday as crude-oil prices gave up part of the gains racked up over a four-day trading span, while a report on private-sector hiring disappointed.Private employers added 213,000 jobs in January, according Automatic Data Processing Inc. Economists use the number to get a feel for the official jobs report due […]
Benchmarks ended mostly in the red after gaining for four consecutive days as materials stocks finished in the negative territory. Moreover, dismal outlook from United Parcel Service had a negative impact on benchmarks. However, benchmarks ended in the green over the week for the first time in four weeks mainly due to the European Central Bank’s announcement of monetary stimulus […]
Benchmarks turned positive for the year on Thursday after ECB announced a large-scale bond buying program to revive the near-stagnant Eurozone economy. The European Central Bank (ECB) announced a quantitative easing program worth about 1.1 trillion euros to address the risks of deflation in Eurozone. Additionally, upbeat quarterly results by banks and transportation companies boosted investor sentiment. The S&P 500 […]
3 gifts for market bull
Discussing market volatility and the earnings picture for 2015, with Steve Auth, Federated Investors, and James Liu, JPMorgan Funds
With the U.S. stock market in an extended funk, earnings offer at least a temporary escape route.”The earnings season represents the first potential stop in this downward trend,” said Robert Pavlik, chief market strategist at Boston Private Wealth.Recent […]
Guest post written byPaul KarosPaul Karos is a senior portfolio manager at Minneapolis-based Whitebox Advisors, which manages over $4 billion in hedge and mutual funds.Health care stocks have enjoyed a persistent bid in the markets over the past three years. Health care was second best performing sector in the S&P 500 during the choppy markets of 2014 (up 23%, […]
Benchmarks turned positive for the year on Thursday after investors welcomed firming up of oil prices and accommodative monetary policies by the Fed and ECB. Charles Evans’ comment that the Fed may not hit 2% inflation rate target until 2018 also boosted investor sentiment. The S&P 500 posted its biggest one-day percentage gain since Dec 18, 2014. The Dow also […]
