Benchmarks ended higher on Thursday and the S&P 500 closed at a record high after the Federal Reserve Chairwoman Janet Yellen blamed the harsh winter climate for the recent weakness in the economy. Retailer J C Penny and drug maker Mylan’s upbeat earnings reports were welcomed by investors. The […]
Investors focused on some encouraging earnings results and better-than-expected consumer sentiment gauge numbers to help drive benchmarks into the positive zone on Friday. Gains on Friday came despite a surprise drop in industrial production data. Eventually, Nasdaq soared to its best level since July 2000 and benchmarks had their best weekly run this year.For a look at the issues currently […]
Guidance cuts and lower profits from corporates guided benchmarks mostly lower on Wednesday, ending benchmarks’ four-day rally. However, there were some encouraging corporate results too and they helped restrict losses. Consumer staples stocks were among the biggest losers for the day.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street articleThe […]
Stock Market Yellen Like MagellanStock-Markets / Stock Markets 2014Feb 11, 2014 – 07:20 PM GMTBy: PhilStockWorld
More free money? That’s the hope on which the markets are pinning this little rally as we bounce quickly off S&P support at 1,750 and already back to 1,800 – halfway back to 1,850 – making this little pullback the smallest of […]
It appears all of the worries about Asia, the credit crisis in China and disaster in Turkey, were imaginary–like friends. The market tends to scare people into giving up their wares, like stick up men, but without the guns.Janet Yellen’s speech was written by Ben Bernanke, at least that’s what I like to believe. The idiots in Congress will not […]
Investors refrained from placing big bets on Monday ahead of Federal Reserve Chair Janet Yellen’s first testimony before lawmakers. As a result, benchmarks closed almost at the same levels at which they opened the trading session. A lackluster quiet trading session saw hardly any action on the economic front. No major economic reports which could influence benchmarks were released.For a […]
NEW YORK The stock market ended up more or less where it began Monday in a quiet day for investors who had little economic data or company earnings to react to.Analysts said the market is likely to remain in a holding pattern until traders hear from Janet Yellen in her first testimony before […]
Bond Market Signals Worse Than Orderly Stock Market Sell-Off
By Jon C. Ogg February 3, 2014 4:38 pm EST
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Goldman Sachs and other investment firms warned that the market was getting more and more at risk of a 10% stock market correction, with the caveat that stocks would resume the bull market thereafter. Now we have the bond market signaling that things […]
Markets finally ended in the green for the first time this year thanks to gains in healthcare stocks and a lower trade deficit. The S&P 500’s first positive finish this year also helped it avoid the record of having the worst start to a year since 1978. Also, investors mood was somewhat lifted by the confirmation of Janet Yellen’s nomination […]
Recently there have been a variety of discussions as to whether the stock market is experiencing a bubble. Among the main drivers of such discussion is the stock market’s seemingly near-constant price advancements, frequent record-high closes, and the duration of the advance, all of which are against the backdrop of the (at best) slow-growth economy. For reference, here is a […]
