Biotech stocks, which have risen 550% since the depths of the recession, are now prime targets of short sellers betting they will collapse in grand fashion. “Of any part of the market, this is the one with the most bubble-like characteristics, without question.”Bubble Watch: Biotech Edition Bubble Watch: Biotech Edition Bubble Watch: Biotech EditionThe financial markets have been on the […]
Bob Bryan
Jun. 24, 2015, 3:49 PM
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In the years since the financial crisis, stocks have rebounded strongly returning over 200% value to investors. Despite this strong news, millennials are skeptical of diving in.According to a survey done by Goldman Sachs, almost 40% of young people do not want to invest in the stock market at all. Another 45% say they are skeptical […]
For June 23, 2015, here’s what the stock market did today, including closing numbers for the Dow Jones Industrial Average, S&P 500, Nasdaq, the top stock market news, and stocks to watch…Stock Market’s Final Numbers Dow Jones: 18,144.07; +24.29; +0.13%S&P 500: 2,124.20; +1.35; +0.06%Nasdaq: 5,160.10; +6.12; +0.12% The DJIA today added 24 points. The markets reversed early losses after Federal Reserve Governor Jerome Powell […]
–A+Fitbit makes stock market debut, share price jumps by more than 50%By AppleInsider StaffThursday, June 18, 2015, 11:16 am PT (02:16 pm ET)Wearable fitness tracker firm Fitbit, which competes with the Apple Watch with its own hardware, began trading on the New York Stock Exchange Wednesday, and investors promptly drove the company’s share price up by more than 50 percent […]
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In the post-financial-crisis era, a lot of stock-market watchers have attributed the market’s gains to the Federal Reserve’s ultra-easy monetary policy.And these folks had some evidence. They observed that whenever the Fed discontinued a quantitative-easing (QE) program, volatility would spike and stock prices would fall. QE involved the monthly purchases of billions of dollars worth of bonds, an effort […]
AP Photo/Lefteris PitarakisA British police officer stands guard backdropped by Chinese flags held by Chinese students, supporters of Chinese Prime Minister Li Keqiang, as they gather at a counter- demonstration against a protest against the leader across the street from Downing Street in central London, where he was meeting with British Prime Minister David Cameron at his official residence, Tuesday, […]
Sam Ro
Jun. 1, 2015, 11:38 AM
739
There’s nothing more important to stock prices than earnings and expectations for earnings growth. Earnings, or net income, is literally the bottom line.While that’s a principle that plays out in the market in the long-run, it unfortunately doesn’t in the long run.Take this chart from FactSet’s John Butters. It shows the trajectory of the S&P […]
Doug Short, Advisor PerspectivesHere’s some encouraging news for stock-market bears …Margin debt (red in the chart above) hit a new high in April.Even after adjusting for inflation, margin debt is now higher than it was at the peak of the great bull market in 2000 and the echo bull market in 2007.What is “margin debt”?It’s the amount of money stock […]
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Market complacency has re-emerged, warns Deutsche Bank’s David Bianco.His preferred measure of this is the PE / VIX ratio. (PE is short for price-earnings, a measure of stock market value. The VIX is the CBOE volatility index, a rough measure of “fear” in the stock market.)From Bianco’s note: “Our PE/VIX market emotion indicator climbed to 1.3 on S&P trailing […]
One Nobel Prize-winning economist’s calculations say the stock market is dangerously overvalued, and various Wall Street pundits disagree, but all that really matters is how soon gutter alarmist media like us can convince America’s least informed moron investors to panic. Then the fun starts.Bubble Watch: Joe Average Is Ready to Play the Market Bubble Watch: Joe Average Is Ready to […]
