“Frankenstein” by Mary Shelley is a powerful cautionary tale. It’s a story about man and science – and hubris. The nature of that hubris is attempting to replicate the work of the Creator by artificially bringing life (but not a soul) back to dead tissue. When people think of “Frankenstein” these days (who reads books anymore?) they think of the […]
Benchmarks began December on a dismal note as discouraging domestic as well as overseas economic data dented investor sentiment on Monday. Moreover, decline in sales during Thanksgiving weekend also dragged down retail shares on Monday. However, rebound in oil prices boosted energy shares. The Nasdaq registered its biggest one-day decline in seven weeks and the S&P 500 witnessed the same […]
Benchmarks settled in the green on Wednesday due to gains in technology and telecom stocks. The S&P 500 and the Dow closed at a record level for the 47th and 30th times this year, respectively. Separately, the Nasdaq was boosted by gains in bio-tech stocks. However, the gains were limited by another slump in energy shares. Meanwhile, the day’s discouraging […]
Even stock markets, and their followers, appreciate a break every once in a while. On Black Friday, they get one.The New York Stock Exchange and the Nasdaq will both close early at 1 p.m. Friday. The bond market, meanwhile, will close at 2 p.m.Traders were first treated to a shortened day following Thanksgiving on Nov. 27, 1992, with a 2 […]
Entering the week we noted holiday weeks are generally known for quiet, low volatility sessions with a modest upward skew – and that is exactly what we have seen this week. The S&P 500 gained 0.28% and the NASDAQ 0.61% as buyers slowly came into the market all day. Orders for U.S. business equipment such as machinery and electrical gear […]
Benchmarks finished almost unchanged on Tuesday as investors received mixed economic data while a slump in oil prices dragged energy shares down. While revised third-quarter GDP came in better-than-expected, data on consumer confidence and home prices were discouraging. The S&P 500 and the Dow snapped a three-session winning streak and ended in the red, but the Nasdaq settled in the […]
Originally published January 3, 2014 at 6:16 AM | Page modified January 4, 2014 at 3:16 AM
NEW YORK — After last year’s big party in the stock market, 2014 is starting off with a nagging hangover.The Standard & Poor’s 500 index edged a fraction of a point lower on Friday, beginning a year with a two-day […]
Encouraging holiday season sales numbers and labor data helped the Dow and S&P 500 continue their record run on Thursday. Initial claims dropped for the week ending Dec 21 and holidays sales were reported to have improved between Nov 1 and Dec 24 period. Positive holiday sales numbers lifted the retail sector into the green and was among the major […]
I
think
most
investors
would
agree
that
as
the
year
began
they
did
not
expect
the
Standard
&
Poor’s
500
to
have
risen
27%
by
Thanksgiving.
Stocks
have
continually
worked
their
way
higher,
with
the
only
meaningful
corrections
occurring
in
…
Source:
Blackstone's Byron Wien Explains This Stock Market – Barrons.com
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I think most investors would agree that as the year began they did not expect the Standard & Poor’s 500 to have risen 27% by Thanksgiving. Stocks have continually worked their way higher, with the only meaningful corrections occurring in June, August and October when the talk of reducing the $85 billion a month monetary easing program picked up (June, […]
