Stocks, led by the Russell 2000, surged yesterday amid better than expected earnings and data suggesting stronger economies from the US to Europe to China....
Markets were initially nervously quiet and volatile, volatility the result of considerable anxiety surrounding the constant headlines of war and disease, possible slowing global growth, monetary policy uncertainty, all amplified by the lack of leadership. The popular averages were relatively unchanged before the Canadian shooting,...
Stocks staged a strong advance on speculation of European central bank bond buying, strong earnings and speculation the Federal Reserve will boost stimulus if growth slows....
Markets were relatively quiet yesterday even as IBM had a massive earnings and revenue miss, a miss that is believed to be company specific. For the third quarter, S & P 500 profits are now expected to rise by 5.9%, an upward revision from a...
Equities surged ending an eight day losing streak on signs of more stimulus and improving earnings. All must remember stocks are valued by present and future cash flow discounted by some interest rate. Investor sentiment is also of great importance....
How much of today’s volatility is the result of the election? Many times I have opined the averages decline 5% to 20% in a midterm because of uncertainty. If one is to believe the polls, there will be a change of power in the Senate....
It is really getting ugly as stocks at one time declined by their greatest one day amount in over three years. Conversely early yesterday morning the thirty year treasury staged the largest gain since 2009 when the global economies and face of American economy was...
Stocks led by a 1.2% gain in the Russell 2000 rebounded from their steepest selloff since 2011 as over $744 billion was erased from US equities since October 8. This is now the third consecutive day the small caps have outperformed their large capitalized brethren....
Will everyone now become an armchair technical analyst? I have opined several times it appears market trading has been co-opted by the machines. To hell with earnings and valuations as it is now all about trend lines and moving averages....
It is getting really ugly. Oil has been decimated down over 23% since its June apex. In many regards it looks like oil futures are in a complete collapse as Brent crude is at the lowest level since December 2010....