Stocks soaring — giants lead the way
A great weak for stock investors is apparently culminating in euphoria this Friday morning. Stocks are significantly higher across most of the market, driven by big earnings wins from three big tech...
View ArticleStocks lower after Friday’s surge
Stocks are slightly lower this Monday morning, as the market considers the sustainability of its newly recovered strength. One factor weighing on stocks: this morning’s New Homes Sales report was...
View ArticleBudget deal reached
In what is to be his last week as congressman, Speaker John Boehner will apparently preside over a less rancorous budget battle than the country has seen in recent years. Boehner and President Obama...
View ArticleStocks hold the line after huge rally
Major indices are mixed this Tuesday morning after a memorable Monday on which stocks began to rise at the opening bell and just kept rising. Major stories today include the purchase of King Digital...
View ArticleRising oil prices boost markets
U.S. stocks are higher today as rising oil prices boost energy shares. The S&P 500 is up 0.14% and the Dow is up 0.17%. Asian markets finished higher Wednesday as hopes grew for a new trading link...
View ArticleS&P 500 wobbles as it nears all-time high
Stocks are mixed this Thursday morning after sliding only slightly on Wednesday. The market rally was widely credited earlier this week as being connected to a rise oil prices, but oil prices have...
View ArticleStocks open lower after sixth winning week
Major indices are falling this Monday morning, as the market confronts the reality of higher interest rates. Commodities too are falling as the US dollar flexes its muscles, even pushing in the...
View ArticleStocks follow oil lower
After a bit of back and forth in early trading, stocks have settled on “lower” as the current direction. West Texas Intermediate crude remains below $45 per barrel, and while this is essentially no...
View ArticleStocks adrift in morning trading
Stocks are slightly lower this Wednesday morning, but major indices have spent time on both sides of the line. With no major economic news out yet this week, stocks have taken to drifting more or less...
View ArticleRally fades as oil prices fall
U.S. stocks are down this morning as a global oversupply of oil weighs on markets. The S&P 500 is down 0.42% while the Dow is down 0.39%. In Asia, stocks finished broadly lower Friday with...
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Analysts say we’re in a bear market: Here’s why they’re wrong
Most analysts wait to see stock market declines of 20% or more before declaring a bear market “official,” but in real-world terms, this definition is unsatisfactory, as it is backward looking. By the...
View ArticleOil prices bounce
U.S. stocks are pointing higher this morning as oil prices move up. The S&P 500 is up 0.88% and the Dow is up 0.78%. Asian markets finished mixed Friday as Japanese stocks dropped to close their...
View ArticleSell these stocks before they go back down
After a very rocky start to the year, the broader markets appear to be gaining momentum, but the overall conditions remain very fragile. Slowing economic conditions in China will continue to weigh on...
View ArticleOil rises, but deep concern remains
The price of oil hit yet another three-month high this Tuesday, although at present, stocks are in the red. Deep concerns remain in place for both. There is still, at present, no agreement among oil...
View ArticleAmbivalence
Stocks are up only slightly in morning trading after having been significantly higher in the futures markets. Oil is holding firm above $37, though gold is easing off of recent highs. The Shanghai...
View ArticleOil rally breaks down, stocks fall
A two-day slide in oil prices has renewed worries for the long term health of many companies in the energy sector. Stocks opened in the red, with major indices off by about half a percent. The gold...
View ArticleBuy these stocks as oil rebounds
After falling to a thirteen-year low in February, oil has started to recover. In fact, oil prices are up sharply from their February lows, rising over 30% since mid-February. While the future remains...
View ArticleForty dollar oil
Stocks are higher this Friday, after WTI crude oil rose again overnight to just over $40. It is a good day for Cliffs Natural Resoures (CLF), which is up 13.7% on the news that it would be re-opening...
View ArticleOil falls, stocks pounded
After a gruesome day on Wednesday, major indices are again in the red this morning. According to the Energy Information Administration, US oil stockpiles increased last month by 9.4 million barrels....
View ArticleSeven signs of the stockpocalypse – 2016
Two years ago, I provided seven signs that would likely indicate that the stock market’s long run was over. In some cases, I suggested that the signs merely indicated that it was time to put hedges in...
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