Benchmarks ended in the green on Monday buoyed by upbeat earnings results and announcement of a rescue plan by Portugal’s central bank. The S&P 500 rebounded from its biggest weekly decline in two years and the Dow halted its four-day losing streak. However, weakness in the utilities sector offset some of the gains.For a look at the issues currently facing […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens + 21 and our open trade jumps to +3kMarket Open (click to enlarge)BITA (click to enlarge)TSLA (click to enlarge)Flag (click to enlarge)EMES (click to enlarge)ANAC (click to enlarge)PRTA (click to enlarge)The Dow closes + 76 This is what we […]
Second quarter GDP gained momentum, fuelled by improved consumer spending. Real personal consumption expenditure accelerated in spring by 2.5% following a 1.2% increase in the first quarter.In addition to this, growth was boosted by a pickup in construction spending, increased business spending on equipment, a bigger buildup in inventories and slightly higher government spending.This rise in second quarter GDP was […]
The best way to play red-hot solar stocks
Josh Brown explains his move in his Playbook Playoffs portfolio, selling one ETF and trading it for a solar stock.
The best way to play red-hot solar stocks is to zero in on U.S.-based companies, said Josh Brown, author of “The Reformed Broker” blog and financial advisor at Ritholtz Wealth Management.”New tariffs that went […]
Upbeat earnings results coupled with gains in bio-tech and Internet stocks helped benchmarks rebound to the green on Friday. Meanwhile, investors kept an eye on developments related to the MH17 crash and Israel’s invasion of Gaza that had compelled investors to take money out of equities on Thursday. Friday’s broad-based gains helped benchmarks end the volatile week with modest gains.For […]
Benchmarks finished on a mixed note on Tuesday after a Fed monetary policy report sparked concerns about “substantially stretched valuations” in Internet and bio-tech stocks. Further, Janet Yellen’s comment that federal funds rate might be raised sooner if the labor market keeps surprising the central bank dented investor sentiment. However, better-than-expected quarterly earnings results from J.P. Morgan Chase and Goldman […]
SummaryThe Federal Reserve took an intriguing step in its latest Monetary Report by singling out small-cap, social media, and biotech stocks as having high valuations.
The Fed’s purpose was likely to display vigilance on valuations while avoiding the risk of taking/talking down the general stock market.
Various stocks, including YELP, SOCL, and IWM, appeared to respond to the jawboning by under-performing the […]
Believe it or not, earnings season begins again next Tuesday with Alcoa’s (AA) report after the close. Below is a look at the number of stocks reporting earnings by day this season through the start of August. As shown, things don’t really kick into gear until the back half of July, with the two biggest days coming on […]
Will Overseas Stock Market Volatility Hit U.S. Shores?Stock-Markets / Stock Markets 2014Jul 02, 2014 – 11:59 AM GMTBy: Clif_Droke
While the U.S. indices have been mostly upbeat, most of the action has been in Europe. Stocks across several European exchanges were hard hit last week as investors overseas panicked over a slate of negative news – […]
Stock Market Grinder…Stock-Markets / Stock Markets 2014Jul 01, 2014 – 03:48 AM GMTBy: Jack_Steiman
The market wants to correct. You can feel it. It has a pulse. It has an energy. The problem thus far has been the constant burn the bears have felt every time they’ve tried to front run. You can see the market struggle for […]
