Welcome to the Daily Reckoning’s “Remember When” series. Each day we turn back the clock and take a look at our musings from five and ten years ago to the day.Not only will you be shocked at just how quickly time passes (yes, 2005 was a decade ago), but you can see what we predicted correctly, what we missed the […]
BloombergOppenheimer’s John StoltzfusSee AlsoGOLDMAN: The Stock Market In 2015 Will Be … MehUBS On Stocks: ‘Roll Tide, Roll…’CITI: Our Asian Clients Can’t Believe We’re Not More Bullish On US StocksAfter seeing the S&P 500 surge 210% from its March 2009 low, Wall Street’s stock market strategist have become increasingly conservative with their forecasts. Most see single-digit returns in 2015.Oppenheimer’s John […]
Well, so much for the old saying “Sell in May and go away.” So far this year it’s been more like “Buy in May and go to sleep.” The S&P 500 (INDEXSP:.INX), Dow (INDEXDJX:.DJI), Nasdaq (INDEXNASDAQ:.IXIC), and Russell 2000 (INDEXRUSSELL:RUT) have bounced back from their recent swoons without much fanfare and without much volume. And, considering the lack of significant news on the […]
Well, last we spoke, the market was searching hard for its next direction, and my oh my did it find it. Just for the sake of clarity, the direction found was down. While the major averages — the Dow (INDEXDJX:.DJI), S&P 500 (INDEXSP:.INX), Nasdaq (INDEXNASDAQ:.IXIC) — only lost a few percentage points, the broad market of stocks has experienced a […]
REUTERS/Bernadett SzaboGeorge SorosOne day every quarter, the world’s big fund managers reveal some of what they’re buying and selling in their 13-F regulatory filings.
Generally speaking, these revelations aren’t taken too seriously as they are 45-day-old snapshots. But over the weekend, one gigantic $1.3 billion position raised some eyebrows.Soros Fund Management disclosed that it held put options on 7,090,000 million shares […]
