REUTERS/StringerVia Dave Lutz at JonesTrading, here’s a guide to what traders are talking about after a huge sell off in Chinese stocks overnight.Good Morning! A sea of red overseas has the S&P extending last weeks’ 2.2% drop. Nasdaq off 60bp, S&P off 50bp as the commodity complex continues to cycle lower. Heavy losses over in Europe, with the DAX off […]
The Stock Market Will Start To Fall In July? The Dow Plummeted More Than 500 Points Last Week
By Michael Snyder, on July 26th, 2015Was last week a preview of things to come? There are quite a few people out there that believe that the stock market would begin to decline in July, and that appears to be precisely what […]
Follow the money: Can Twitter predict the stock market?Published time: July 09, 2015 21:37Get short URLReuters / Dado RuvicTagsInvestment, Markets, Social networks, USAA new industry is arising where companies use computer algorithms to automatically read and interpret social media messages to try and predict where the stock market is heading.Predicting the stock market is a multi-billion ‒ or perhaps trillion-dollar […]
Traders work on the floor of the New York stock exchange at the start of the trading day on Wednesday. Photograph: Justin Lane/EPA
The New York stock exchange halted trading in all securities on Wednesday morning after a “major technical issue”.Related: New York Stock Exchange shut down over ‘technical issue’ – live updates
The exchange posted the news on its website and […]
Computer glitch shuts down trading on New York Stock ExchangePublished time: July 08, 2015 15:50Edited time: July 08, 2015 17:32Get short URLReuters / Brendan McDermidTagsAccident, Big deal, Corporate news, FBI, Investment, Markets, USATrading on the New York Stock Exchange floor was halted shortly after 11:30 am local time Wednesday, with all screens displaying a “No quotation” message, according to eyewitnesses.“We’re […]
REUTERS/Lucas Jackson Traders, governors, and members of the New York Stock Exchange discuss what is happening following a halt in trading on the floor of the exchange in New York, July 8, 2015.Trading was halted at the New York Stock Exchange on Wednesday morning.The latest from the NYSE is that all symbols are not trading and all open orders are […]
REUTERS/Lucas JacksonMembers of the New York Stock Exchange attempt to figure out what caused a halt in trading on the floor of the exchange in New York, July 8, 2015.The New York Stock Exchange is open after a 3-hour halt.At 11:32 a.m. ET on Wednesday, trading on the exchange was halted after a technical glitch. “The issue we are experiencing is […]
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Barack Obama is having a pretty good day. On Thursday, the Supreme Court voted in favor to uphold the Affordable Care Act, aka Obamacare.You could argue that he’s having a pretty good presidency overall. On comedian Marc Maron’s podcast on Monday, he listed a bunch of things he accomplished while in office, including “restore people’s 401ks.”A big part of […]
Summer doldrums drivel:+ It’s a “stockpickers” market now. That means the market is about to fall big time.+ Yields are rising. When muni bond yields hit 5%, investors will flee equities and load up on bonds, especially investors in high-tax states like New York and California.+ No deal for Greece spells stocks will fall. (At least today.)+ Everyone is at […]
We’ve said it before and we’ll say it again: China’s equity mania truly is the gift that keeps on giving, and not just for those who are riding the wave, but also for those who, like us, appreciate the humor in a giant, margin-fueled bubble that’s captivated millions upon millions of semi-literate housewives and banana vendors turned day traders.While there […]
