Janet Yellen has a crystal ball. And she sees trouble ahead…Yellen warned the investing public yesterday that stocks and bonds look risky in this ultra-low interest rate environment.But as you’ll see, Ms. Yellen’s crystal ball is notoriously foggy…and we might even make our money by ignoring her fortunetelling…“In a conversation with Christine Lagarde, the managing director of the International Monetary […]
Janet Yellen has a crystal ball. And she sees trouble ahead…Yellen warned the investing public yesterday that stocks and bonds look risky in this ultra-low interest rate environment.But as you’ll see, Ms. Yellen’s crystal ball is notoriously foggy…and we might even make our money by ignoring her fortunetelling…“In a conversation with Christine Lagarde, the managing director of the International Monetary […]
Markets ended in the red for the second consecutive day following Fed Chair Janet Yellen’s comments that stock valuations are “quite high”. Yellen warned investors of potential dangers they may face due to high equity valuations. Meanwhile, weak private sector hiring numbers added to the bearish sentiment. The soft numbers came in ahead of the much awaited non-farm payrolls report […]
Benchmarks ended the last trading session of the week on a positive note after Fed Chair Janet Yellen said there was a possibility of a gradual hike in interest rates sometime this year. The Nasdaq was boosted by a possible deal between Intel and Altera. Gains in bio-tech stocks also helped the Nasdaq end in positive territory. However, benchmarks reported […]
Submitted by David Stockman via Contra Corner blog,Surveying the Fed’s handiwork during last week’s press conference, Janet Yellen noted that all was awesome except that stocks were now slightly “on the high side” of their historical range. You can say that again!In fact, you can say that any one capable of uttering such tommyrot has been totally bamboozled by Wall […]
Yellen was criticized a few months back for opining on the strength of biotech and social media stocks. Those stocks got hit for a day, but then stormed back to make more highs. Yellen learned from her mistake and has gone quietly into the good night with regard to market predictions. She continues to be as dovish as ever though, […]
Share on StockTwitsEmbedIt’s easy to grin when your ships comes in and you have the stock market beat…but a man worthwhile is a man that can smile, when his shorts are too tight in the seat..
Ted Knight, Caddy shack
I miss Ted Knight. I know this quote by heart and I learned it before I cared about stocks and markets. I […]
BloombergThe iShares Nasdaq Biotechnology ETF over 12 months
Stocks are selling off on Thursday after a post-Fed rally yesterday.
But biotech stocks are rallying, up nearly 2%. In fact, biotech stocks have been on fire all year. They’re up about 15% year-to-date.Last week, Max Nisen at Quartz wrote that while everyone is focusing on massive tech valuations, the biotech industry is where things […]
View photo.(Bloomberg)The iShares Nasdaq Biotechnology ETF over 12 monthsStocks are selling off on Thursday after a post-Fed rally yesterday.
But biotech stocks are rallying, up nearly 2%. In fact, biotech stocks have been on fire all year. They’re up about 15% year-to-date.Last week, Max Nisen at Quartz wrote that while everyone is focusing on massive tech valuations, the biotech industry is where […]
View photo.(Bloomberg)The iShares Nasdaq Biotechnology ETF over 12 monthsStocks sold off on Thursday after a post-Fed rally on Wednesday.
But the Nasdaq still gained ground thanks to the biotech sector which gained about 2% on Thursday. In fact, biotech stocks have been on fire all year. They’re up about 15% year-to-date.Last month, Max Nisen at Quartz wrote that while everyone is focusing […]
