Benchmarks ended in negative territory on Monday as Thanksgiving weekend sales failed to ignite bullish sentiment among investors. Retail stocks were sold heavily, thereby dragging the retail sector and the broader markets. Meanwhile, the upbeat ISM manufacturing report was ignored as investors cautiously await key labor data on Friday. The drop on Cyber Monday comes after the benchmarks notched a […]
The S&P 500 hit 1709 a few weeks back and has since been dropping precipitously, we are now down roughly 3.7% from that level in a short period of time. Heading into today, we’ve been negative 4 days straight and have seen losses during 9 of the last 11 days on both the S&P 500 and the Dow Jones Industrial […]
Stock Market All-Time Intraday High Fades at the Finish
Stock-Markets / Stock Markets 2013Nov 30, 2013 – 01:32 PM GMTBy: PhilStockWorld
Courtesy of Doug Short. On a light day of post-Thanksgiving trading, the S&P 500 opened higher and rallied to its mid-morning intraday high, up 0.35%, which set a new all-time intraday high for the index. Action moved […]
Yesterday’s analysis expected more upwards movement from Gold. Price has moved higher, but it is not a convincing third wave… yet.I have the same main wave count with now two alternates at the daily chart level. The first alternate may be used if confirmed with movement below 1,225.40. The second alternate expects the same movement as the main wave count.*Edit: […]
Sign up for the Executive Summary email briefing to get the news delivered straight to your inbox first thing in the morning.Markets: By the numbers
Japan’s Nikkei15,619.13 +237.41 +1.54%China’s Shanghai2,186.12 -10.26 -0.47%Hong Kong’s Hang Seng23,684.45 -11.83 -0.05%Australia’s S&P/ASX 2005,352.80 +16.90 +0.32%The question isn’t so much what will propel stocks to seemingly new records, it’s what might stop them.Wall Street set another record […]
Blueprint Health’s Demo Day: Big Data, Pill Poppin’, and the “R” Word | PandoDaily
Nathaniel Mott
Nathaniel Mott is a staff writer for PandoDaily, covering startups and technology from New York.
The Week in Review
Sunday That queasy feeling when a Web rally starts losing steam
Monday Oh, for fuck’s sake: Microsoft bans users from Xbox Live for “excessive profanity”Looking to help parents bridge the digital and […]
