year

China Devalues Yuan To Fresh 4-Year Lows, Arrests Top Securities …

Update: Chinese stocks are seeing no lift whatsoever from the rate cuts…CSI-300 is fading fast…And*SHANGHAI COMPOSITE INDEX SLIDES 3.3%
*SUGA: HOPE CHINA RATE CUT WILL CONTRIBUTE TO CHINA GROWTH
Confusion reigns at Bloomberg also… (look at URL – original title, and compared to title posted at 8pmET)…And now…h/t BeermunkAs we detailed earlier:The Asia morning begins mixed in stock markets, The PBOC explains […]

Fear These Three Biotech Stocks: Anthera Pharmaceuticals (ANTH …

They say good things come in threes. If so, biotech companies could be in for not just another year of outperformance, but another decade. The first era of biotech was a building phase, when companies created their first blockbuster drugs. The second, current one, has resulted in a four-year rally that reflects the sector’s transition from a cluster of one-hit […]

Stock Market Tanking, Dow Slips Below 17,000 for First Time in 10 …

Stock Market Tanking, Dow Slips Below 17,000 for First Time in 10 months
“Panic sets in, not over yet,” claims CNBC as major indices tumble worldwide.
Nick Gillespie|Aug. 21, 2015 4:22 pm

Spritz

Not a good Friday for Wall Street:
Fears of a China slowdown ripped through global markets and sent U.S. stocks to their lowest level of the year on Thursday.
All the major indexes […]

A Modern-Day Shoeshine Boy Moment

 The Original AnecdoteThere is a well-known – though likely apocryphal – anecdote from the end of the roaring 20s. It involves Joseph P. Kennedy, US ambassador to the UK from the late 1930s to mid 1940s. Before he entered the civil service and politics, he had made a name (and a fortune) for himself as a businessman and investor. On […]

Stock market correction: is this a new global financial crisis …

The Tokyo stock market fell due to worries about China. Photograph: Kimimasa Mayama/EPA
Sell in May and go away, don’t come back until St Leger Day. So goes the old stock market adage and rarely has the first part of that advice been more apposite than this year. The FTSE 100 index peaked on 27 April, just before the general election, […]

Why Are So Many People Freaking Out About A Stock Market Crash In

Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015?
By Michael Snyder, on August 19th, 2015Is the stock market going to crash by the end of 2015?  Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets.  The […]

Momo No Mo’ – BofAML Warns Stocks "Close To A Tipping Point"

Momentum traders – relying on the ‘trend is your friend’ theme – may have a rude awakening soon as momentum stocks trade at a stunning 50% premium to the market (vs an average 20%). As BofAML notes, high growth, high multiple names that have been leading the market over the past year are showing some signs suggest we are close […]

An Inconvenient Peak In Everything. Except Bullshit.

While the plastic fantastic were busy blowing smoke up their own asses non-stop, all global markets peakedStocks are rolling over like it’s Y2KEmerging Market currencies and credit are getting shellacked like 1997Commodities are in 2008 melt-down modeAll at the same time.S&P 500w/Price range of average stockEuropean stocks peaked in April“No blind man saw that coming…”NYSE Composite % of stocks above […]

Everything Has Peaked Except the Bullshit

While the plastic fantastic were busy blowing smoke up their own asses non-stop, all global markets peakedStocks are rolling over like it’s Y2KEmerging Market currencies and credit are getting shellacked like 1997Commodities are in 2008 melt-down modeAll at the same time.“No blind man saw that coming”NYSE Composite % of stocks above 200 day moving average:‘Conomy is entering a Third Wave […]