7-1-15Secular Market Top – Since January 2000+53.3% Dow+171.8% Transports+94.2% Utilities+40.4% S&P 500+22.5% Nasdaq+52.2% 30yr Treasury Bond+304.6% Gold+132.3% OilFrom High to Low+304.6% Gold+171.8% Transports+132.3% Oil+94.2% Utilities+53.3% Dow Jones+52.2% 30 Year Treasury+40.4% S&P 500+22.5% NasdaqIt is easily seen that in the year 2000 the Nasdaq was horribly overvalued and gold was on the give away table, such lopsided returns 15 years later!Here […]
After $103M IPO, Rapid7 Stock Up in Early Trading
Gregory T. HuangJuly 17th, 2015BostonDing, ding. Rapid7 CEO Corey Thomas rang the opening bell at the Nasdaq this morning, and the Boston area’s first tech IPO of 2015 is in the books.Rapid7 (NASDAQ: RPD) raised $103.2 million by selling 6.45 million shares at $16 a pop, which was above the […]
David Dollar | July 16, 2015 8:00amWhy the real Chinese economy is more important than the stock marketChina’s stock market has been on a roller-coaster ride over the past year. It more than doubled in value in the 12 months ending on June 12. Then it took a breathtaking plunge, wiping out a third of its value (more than $3 […]
SummaryAs an update from my previous article, I am reviewing some European biotech picks and introducing new favorites.
Owing to strong fundamentals and an increasing number of significant deals in the sector, a technologically diversified, European biotech portfolio makes more sense now than ever.
The main investment thesis remains that leading small-cap European biotechs are reaching maturity and present a great value […]
This is the response that Yellen gives a senator when asked if the Fed is too worried about the stock market.
“I would push back against the notion that we are unduly affected by the ups and downs of the stock market, we are certainly very focused on the fundamentals and economic statistics that describe where the economy is in terms […]
Despite poor retail sales stocks bounced higher for the fourth straight session. Energy and Biotech stocks led the overall market today. Energy seems to be finding support at early 2015 lows. Biotech continues its run despite fundamentalists crying foul over earnings multiples. Transportation stocks lagged the market along with utilities. Bonds rallied a bit today as they continue to remain […]
Flickr/Craig LloydMore down than up in the stock market this year.”Buy the dip.”Since the Federal Reserve announced its third quantitative easing program in the fall of 2012, the running joke in the US stock market has been that to make money, all you need to do is buy the dip. But it wasn’t even really a joke: in 2013 and 2014, […]
China Crash, Greece Collapse, Harbingers of Stock Market Apocalypse Forecast 2015?Stock-Markets / Stock Markets 2015Jul 13, 2015 – 03:05 AM GMTBy: Nadeem_WalayatWhilst all eyes in the West were on Greece as its marxist Syriza government played game of thrones with the Greek peoples lives as they black mailed the Eurozone, the chinese stock market crashed, collapsing by over $2 trillion […]
Here’s what you need to know:1. Yes, it’s a crash, and it’s not over yet.Here’s a long-term chart of the Chinese stock market, to put this in perspective. Facebook Share Pinterest Pin ItWe’re on our way down right now, there’s further to fall, and the main reason that stocks haven’t fallen further already is just that they aren’t trading at […]
WikimediaA software release caused the glitch.A software release caused the blackout at the New York Stock Exchange on Wednesday.According to an update on the NYSE’s website on Thursday, the exchange started rolling out a software release ahead of a scheduled industry test on Saturday.It noted that gateways for customers were updated with the right software at the market open on […]
