Keyword: stocks

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  • Cramer Remix: Trump just changed the world forever

    12/08/2016 5:33:51 PM PST · by 2ndDivisionVet · 3 replies
    CNBC ^ | December 8, 2016 | Abigail Stevenson
    Looking back, it is clear to Jim Cramer that the world changed on Election Day in 2016. "You may love the results or hate them, but one thing is for certain, just getting the darned election over with turned out to be a big deal," the "Mad Money" host said. If President-elect Donald Trump delivered on all of his pro-business promises, then many of the strong moves of the stock market could be justified, he added. "What is really dawning on people right now is exactly how frozen our economy was by this endless election and how unthawed it seems...
  • Dow 19,000: Will the Fed’s Coming Rate Hikes Kill This Bull Market?

    11/25/2016 2:14:29 AM PST · by expat_panama · 18 replies
    The Fiscal Times ^ | November 23, 2016 | Anthony Mirhaydari
    Dow 19,000! We’ve crossed that mark for the first time — and the S&P 500, Nasdaq Composite and Russell 2000 small-cap index are all at record highs as well. The last time all four major stock market averages hit new highs at the same time was December 31, 1999. Wall Street could hardly be more excited as it looks ahead to the fiscal stimulus it expects to see from a Trump administration. Never mind that a large percentage of the equity market isn't participating in the advance. Or that Trump's fiscal plans are expected to double the national debt. Or...
  • Gun stocks take a hit after election

    11/09/2016 11:45:13 AM PST · by aimhigh · 47 replies
    CNBC ^ | 11/09/2016 | Antonio Jose Vielma
    Shares of gun manufacturers took a big hit Wednesday morning, after news that Donald Trump won the U.S. presidential election. Smith & Wesson and Sturm, Ruger & Co. each fell more than 12 percent after Trump defeated Hillary Clinton, and the Republicans retained control of the House and the Senate.
  • What was that noise about DOW futures last night?

    11/09/2016 8:31:57 AM PST · by sipow · 25 replies
    Last night once it was clear Trump was going to win, they started whining about the Dow Jones futures being down by 500+ points. I checked a bit ago and it was up 81. Now it is up 145. Looks to me like it is skyrocketing thanks to Trump!
  • Stock Market Predicts Trump Win

    10/31/2016 8:04:30 PM PDT · by DadOfFive · 33 replies
    CNBC via Drudge ^ | 10-31-2016 | CNBC
    he stock market's election year performance between July 31 and Oct. 31 has often accurately predicted the next president — and this year it's pointing to a victory by Donald Trump, if history is a guide. Sam Stovall, chief investment strategist at CFRA, says the market's decline this fall has been a bad omen for the incumbent party and Hillary Clinton, who still holds a six point national lead in a new poll. The S&P 500 is down 2.2 percent since its close of 2,173 on July 29, a Friday and the last trading day of July.
  • TD Ameritrade buying rival brokerage Scottrade for $4 billion; STL will lose hundreds of jobs

    10/24/2016 12:42:25 PM PDT · by Da Bilge Troll · 39 replies
    Stltoday.com (St. Louis Post-Dispatch) ^ | October 24, 2016 | Lisa Brown
    Discount brokerage Scottrade is being acquired by rival TD Ameritrade in a $4 billion deal. The companies announced the deal early Monday, following several weeks of news reports about the merger. The sale is subject to regulatory approvals, and is slated to close by Sept. 30, 2017. Scottrade will convert to TD Ameritrade systems in 2018. Combined, the two companies have $944 billion in total client assets and 10 million funded client accounts. "It gives us a lot of power to combine the two," Scottrade's founder and CEO Rodger Riney told the Post-Dispatch Monday. "It is a business that has...
  • Target cuts outlook, says market 'difficult'

    08/17/2016 9:01:43 AM PDT · by UB355 · 103 replies
    MIlwaukee ^ | 8/17/2016 | ANNE D'INNOCENZIO
    Minneapolis — Target cut its profit and comparable-store sales outlook amid stiffer competition and its own stumbles in areas like grocery sales. The discounter’s second-quarter net income fell nearly 10%, though that was better than what most had expected. Sales at stores open at least a year fell 1.1%, reversing seven straight quarters of gains. Target shares were down more than 6% in mid-morning trading Wednesday. The quarter underscores challenges that Target and other retailers face from Amazon.com and shoppers who remain cautious about spending.
  • Sell Everything"... But Why: What Has The Smartest Investors So Spooked?

    08/08/2016 4:35:18 AM PDT · by blam · 19 replies
    Zero Hedge ^ | 8-8-2016 | Tyler Durden - Nick Colas
    Submitted by Nick Colas of Convergex Many of the smartest investors out there hate stocks. Since May, we’ve heard negative equity calls from Stan Druckenmiller, George Soros, Carl Icahn, Jeff Gundlach and Bill Gross. Wall Street lore says “Never argue about markets with a guy who is much richer than you”. So we’ll take the discussion in a different direction: what do they know? Successful investors are always more plugged in than the market as a whole – hence their success. And while we can only guess at the lynchpins of their negative take on stocks, we do have some...
  • Why Trump 'Got Out' of the Stock Market

    08/03/2016 3:55:04 AM PDT · by expat_panama · 43 replies
    Fox Business ^ | August 02, 2016 | Julia Limitone
    Republican presidential nominee Donald Trump says he’s never been a big investor, but when it comes to putting his money in U.S. stocks he told the FOX Business Network’s Stuart Varney, “I don’t like a lot of things that I see.” “I did invest and I got out and it was actually very good timing,” he said. Trump expanded on why he’s skeptical of investing in the markets. “I don’t like a lot of the signs that I’m seeing... He added: “The only reason the stock market is where it is, is because you get free money.” When asked about...
  • Investors Beware of 'False Profits' In this Market

    07/27/2016 4:17:56 AM PDT · by expat_panama · 11 replies
    Real Clear Markets ^ | July 27, 2016 | Doug Kass
    "Beware of false prophets, who come to you in sheep's clothing but inwardly are ravenous wolves." -- Matthew 7:15 I try to exclude personal experiences from my diary and only include observations related to the markets. But I have to start the morning by saying that the past few days have been moving ones of monumental importance on multiple fronts for myself and my family. Let's just leave it at that. As for Wall Street this morning, aggressive liquidity continues to buoy stocks. The money is coming from a combination of the world's central banks and historically large share buybacks,...
  • Opinion: Why it still makes sense to buy stocks and bonds at record prices

    07/25/2016 4:10:47 AM PDT · by expat_panama · 21 replies
    Market Watch ^ | July 24, 2016 | Philip van Doorn
    Are you tired of stories speculating about when the Federal Reserve will raise interest rates? Maybe it’s time to stop reacting to them, because they can damage your investment portfolio. If you had panicked last year, fearing a change in central-bank policy would drag down prices of bonds and stocks with high dividend yields, you would have missed out on plenty of income and price gains. (The Fed eventually raised rates, in December, but stocks and bonds today are still near record highs.) “The market can make you do things at precisely the wrong time. Staying the course during times...
  • DOW 50,000!

    07/21/2016 5:08:55 PM PDT · by blam · 59 replies
    The Soverign Investor ^ | 7-21-2016 | J.L. Yastine
    by J.L. Yastine July 21, 2016 A massive stock market rally is at our doorstep, according to several noted economists and distinguished investors. Larry Edelson, a Money and Markets editor, predicts: “The Dow Jones Industrial will lead the way higher and catapult to 31,000 over the next two years.” Ron Baron, CEO of Baron Capital, thinks: “It’s going to be 30,000.” Jeffrey A. Hirsch, editor-in-chief of the Stock Trader’s Almanac, believes it will go even higher: “The Dow Jones Industrial Average will surge to 38,820 in a ‘super boom’ beginning in 2017.” However, Paul Mampilly’s “Dow 50,000” predication is really...
  • Can anyone explain the consequences of C.O.D.I. when it comes to stocks?

    07/19/2016 4:50:54 AM PDT · by MeneMeneTekelUpharsin · 13 replies
    Finance News | 19 July 2015 | Mene Mene Tekel Upharsin
    Can anyone explain what happens when a company whose stock is subject to C.O.D.I. goes bankrupt? Should one dump the stock prior to a Pre-pack Chapter 11 bankruptcy...or ride it out? On what time frame is the stock subject to the C.O.D.I.? If someone bought the stock recently, are the still subject to the C.O.D.I. tax?
  • Clinton's State Dept. calendar missing scores of entries

    06/24/2016 4:22:04 AM PDT · by Bulwinkle · 62 replies
    AP ^ | 6/24/2016
    The AP review of Clinton's calendar — her after-the-fact, official chronology of the events of her four-year term — identified at least 75 meetings with longtime political donors and loyalists, Clinton Foundation contributors and corporate and other outside interests that were either not recorded or listed with identifying details scrubbed. The AP found the omissions by comparing the 1,500-page document with separate planning schedules supplied to Clinton by aides in advance of each day's events. The names of at least 114 outsiders who met with Clinton were missing from her calendar, the records show...
  • Programmer cleared of stealing code from Goldman Sachs

    02/18/2012 9:18:11 PM PST · by DeaconBenjamin · 8 replies
    guardian.co.uk ^ | Saturday 18 February 2012 01.38 EST
    Sergey Aleynikov has conviction dismissed out of hand by appeal judges after serving a year for copying trading software A former Goldman Sachs computer programmer has been freed from prison after a surprise ruling from a federal appeals court quashed his conviction for stealing computer code. "Justice occasionally works," said Russian-born Sergey Aleynikov, who walked free after serving one year out of a sentence of eight years or more. Aleynikov, a naturalised US citizen who emigrated from Russia in 1990, was first arrested in July 2009 as he returned from a trip to Chicago to the offices of his new...
  • Arrest Over Software Illuminates Wall St. Secret

    08/25/2009 1:07:10 PM PDT · by khnyny · 12 replies · 1,552+ views
    The New York Times ^ | August 23, 2009 | Alex Berenson
    Flying home to New Jersey from Chicago after the first two days at his new job, Sergey Aleynikov was prepared for the usual inconveniences: a bumpy ride, a late arrival. He was not expecting Special Agent Michael G. McSwain of the F.B.I. At 9:20 p.m. on July 3, Mr. McSwain arrested Mr. Aleynikov, 39, at Newark Liberty Airport, accusing him of stealing software code from Goldman Sachs, his old employer. At a bail hearing three days later, a federal prosecutor asked that Mr. Aleynikov be held without bond because the code could be used to “unfairly manipulate” stock prices.
  • Stock Market manipulation

    06/25/2016 6:53:23 AM PDT · by MeneMeneTekelUpharsin · 38 replies
    Financial News | 25 June 2016 | MeneMeneTekelUpharsin
    The stock market dropped 611 points Fridy SUPPOSEDLY because of the British exit vote on the European Union. Also, European and Asian markets dropped. Was there a reason for the markets to react that way? No. That vote did not change anything consequential. Big money boys behind the scenes already knew what was going to happen (it was no suprise to them - they have accurate research teams) and shorted what they needed to short. The fact that someone behind the scenes is pulling the trigger on nothing events means someone needs to go to prison for causing peoples' stock...
  • "Today Is The Appetizer For Monday"

    06/24/2016 3:52:04 PM PDT · by SkyPilot · 5 replies
    ZeroHedge ^ | 24 Jun 16 | Tyler Durden
    Early this morning we laid out the thoughts of RCB's Charlie McElligott on today's dramatic market action, which discussed not the blow up of "fat tail" quant stategies (something we touched upon later and which is likely to unleash even more quant-driven selling next week) and the "forced out" liquidations across the curve coupled with a rush into safety, but also the biggest question of all for today's trades - which macro funds are quietly blowing up? Now, we follow it up with a second piece by the RBC trader, one which those worried about being caught long risk over...
  • This Dirt Cheap Stock Could be Investors' Best Way to Bet on Virtual Reality

    06/22/2016 7:50:45 PM PDT · by BenLurkin · 18 replies
    Demand for virtual reality is expected to surge in the years ahead. Research firm IDC expects that more than 110 million VR headsets will be sold in 2020, up from 9.6 million headsets in 2016. Investors looking to add exposure to the trend have a number of stocks to choose from, including both NVIDIA (NASDAQ:NVDA) and Facebook (NASDAQ:FB). But while those companies may offer attractive upside, their shares certainly aren't cheap, trading for about 40- and 69-times trailing earnings, respectively. Those investors looking for more of a bargain might consider AMD (NASDAQ: AMD). The computing giant seems likely to play...
  • Exxon's 1Q profit plunges 63 percent on lower oil prices

    05/03/2016 7:34:31 AM PDT · by Lorianne · 43 replies
    AP ^ | 29 April 2016 | David Koenig
    <p>DALLAS (AP) -- Exxon Mobil produced its weakest quarter in more than 16 years as lower oil prices pushed its profit down by 63 percent.</p> <p>Revenue tumbled 28 percent, and the oil giant lost money in its vaunted exploration and production business despite a 2 percent increase in production. It made more money, however, in chemicals.</p>
  • Four Reasons Apple's Earnings Miss Is Such a Big Deal

    04/28/2016 5:40:00 AM PDT · by SeekAndFind · 17 replies
    Fiscal Times ^ | 04/28/2016 | By Anthony Mirhaydari
    The rollout of disappointing first-quarter earnings has continued in recent days, with sectors such as airlines and tech getting hit and eclipsing memories of early beats by the big banks. But the biggie has to be the disappointing top- and bottom-line miss by Apple (AAPL) after the close on Tuesday, marking the company's first quarterly revenue decline in 13 years.Apple was down more than 8 percent in after-hours trading on those earnings that came in at $1.90 per share (vs. $1.97 expected), an 18.5 percent decline from last year. Revenues came in at $50.6 billion (vs. $52.2 billion expected),...
  • The market is going to suck for the next 10 years, you're going to have to double your life savings

    04/27/2016 5:26:17 PM PDT · by SeekAndFind · 37 replies
    Business Insider ^ | 04/27/2016 | Rachel Butt
    The "golden age" of stock market returns is over.That's the summary of a big piece of research from the McKinsey Global Institute (MGI), which estimated returns over the next 20 years in US and Western European markets under two scenarios. The first assumes that today's slow-growth environment remains, while the second models faster growth as technology improves.It concluded that in neither case would returns match those of the past 30 years. For US and European stocks, the difference between past and future annual returns could range from 1.5 percentage points to 4 percentage points. The gap for fixed-income could be...
  • How Politics Influences the Stock Market: Not Very Much

    04/26/2016 4:28:48 AM PDT · by expat_panama · 8 replies
    New York Times ^ | APRIL 25, 2016 | Peter Eavis
    ...someone is going to call this the Hillary rally. As the chances of Mrs. Clinton’s nomination have strengthened, the Dow Jones industrial average has soared, rising 2,344 points, or 15 percent, from its recent low on Feb. 11. Other factors could have helped drive stocks higher... It wouldn’t be wise to also call it a Trump rally... ...Time and time again, political partisans have tried to recruit the stock market to their side. Most of the time it backfires... ...March 2009, days after The Wall Street Journal opinion section published an article headlined “Obama’s Radicalism Is Killing the Dow,” the...
  • Here's What's Keeping the Stock Market Up [BUYBACKS]

    04/26/2016 4:11:28 AM PDT · by expat_panama · 36 replies
    Fortune ^ | April 25, 2016 | Lucinda Shen
    Most people assume what has kept the market afloat this year after sinking 11% at the start of the year was a mixture of better news out of China, oil prices stabilizing, and indications that the Fed won’t raise rates as much as thought. But the real thing bouying the market could be something else: Stock buybacks. “Corporate repurchases are the main source of net demand for US stocks,” a team of Goldman Sachs analysts led by David Kostin noted in report out on Friday. Demand stemming from stock buybacks will help push up share prices—boosting the S&P 500 to...
  • The ‘most-hated stock rally’ could be primed for a May correction

    04/25/2016 3:55:20 AM PDT · by expat_panama · 11 replies
    Market Watch ^ | Apr 22, 2016 | Mark DeCambre
    Despite a flat day for stocks on Friday, the S&P 500 and the Dow are enjoying a stunning bull run that has them approaching records set back in May. However, this climb toward fresh heights may be ephemeral, according to technician Tom McClellan. In a series of notes, he said the stock market is nearly out of room to run higher because such a large swath of investors have already “turned bullish” over the past several weeks. “If ‘everyone’ is already bullish, then there is no one left to turn bullish, and to add incremental buying pressure to lift prices......
  • Stocks edge up as Fed outlook, China gains, trump oil slip

    03/21/2016 5:42:35 AM PDT · by expat_panama · 17 replies
    Reuters ^ | Mon Mar 21, 2016 | Nigel Stephenson
    Shares edged up in Europe and Asia on Monday, shrugging off a retreat in oil on concerns over excess supply, as gains in Chinese shares and a benign U.S. interest rate outlook brightened the mood. The dollar edged up after falling for three successive weeks, most recently after U.S. Federal Reserve policymakers revised down the number of times they expect to raise interest rates this year to two from four. Sterling was a notable faller in the currency market. Traders cited concerns over splits in the ruling Conservative Party over last week's budget and a referendum on Britain's European Union...
  • Romney's Stake in Chinese Stocks [2012]

    03/04/2016 9:09:55 AM PST · by ResisTyr · 3 replies
    Mother Jones ^ | October 9, 2012 | James West
    Hey Loser Romney...hypocrite much??
  • What's behind the global stock market selloff?

    02/12/2016 6:59:26 PM PST · by MtnClimber · 35 replies
    Reuters ^ | 12 Feb, 2016 | DAVID RANDALL AND DAVID GAFFEN
    Global stock markets are on their shakiest footing in years. Investors are fleeing stocks and running to safe-havens like bonds and gold, driven by concerns about economic growth and the effectiveness of central banks' policies. At the same time, tumbling energy prices are upending the economies of oil-producing countries, further slicing into global economic growth. Only six weeks ago cheap oil prices were still expected to cushion the global economy, and the Federal Reserve's decision in December to raise interest rates for the first time since the end of the financial crisis in 2008 was widely seen as a vote...
  • Oil crash taking stocks down ... again

    02/11/2016 9:57:35 AM PST · by Signalman · 18 replies
    cnnmoney ^ | 2/11/2016 | Charles Riley
    U.S. crude futures dropped as much as 5% on Thursday, driving prices below $27 for the second time in recent weeks. Before this year, oil prices hadn't dipped below $27 since 2003. The steady decline is creating a widespread headache for financial markets. It's causing energy companies' profits to plunge, raising worries about the prospect of bankruptcies in the oil sector and spooking investors about global growth. In total, crude oil has plunged an incredible 75% from its June 2014 peak of almost $108. U.S. stock markets followed by declining sharply. The Dow fell as much as 350 points and...
  • Global Markets Are Selling Off

    02/11/2016 6:17:20 AM PST · by blam · 44 replies
    BI ^ | 2-11-2016 | Akin Oyedele
    Akin OyedeleFeburary 11, 2016Here we go again. Major global stock markets were sharply lower on Thursday, with US futures also deep in the red ahead of the market open. Near 8:56 a.m. ET, Dow futures were down about 250 points (1.6%), S&P 500 futures were down 29 points (1.6%), and Nasdaq futures were down 60 points (1.5%). Investors were piling into gold for safety, with futures up 3%, or a whopping $36.30 an ounce to as high as $1,231.50, the strongest in a year. US Treasurys — another safe-haven asset — were also getting a huge bid, pushing the yield...
  • Stock Market in 2016 compared to 2008

    02/06/2016 1:38:37 PM PST · by entropy12 · 13 replies
    Feb 06, 2016 | Self
    Chart comparing 2008 market behavior with 2016. But it is still too early in the year and 2016 may not repeat the stock market of 2008.
  • LinkedIn shares plunge almost 44 percent

    02/05/2016 3:22:12 PM PST · by Red in Blue PA · 26 replies
    SAN FRANCISCO (AP) -- Investors gave LinkedIn a poor job review Friday in the form of a dramatic sell-off that wiped out nearly $11 billion in the professional networking site's market value. A surprise forecast for slower growth this year sent LinkedIn shares into a stomach-turning plunge of almost 44 percent. After the market closed Thursday, the online company reported better-than-expected earnings for the last quarter but warned that revenue would fall short of what analysts had projected for 2016. It also said it was discontinuing a new online advertising system that hadn't worked out.
  • The Chicago Stock Exchange is being sold to a Chinese-led investor group

    02/05/2016 11:04:19 AM PST · by HarleyLady27 · 44 replies
    Business Insider ^ | Feb. 5, 2015 | Portia Crowe
    CHICAGO--The Chicago Stock Exchange, Inc. (CHX) is pleased to announce that it has entered into a definitive agreement to be acquired by an investor group led by Chongqing Casin Enterprise Group (the 'Casin Group'). The Board of Directors of CHX has unanimously approved the transaction, which is subject to regulatory approvals. The acquisition is expected to close in the second half of 2016. Terms of the transaction have not been disclosed.
  • Oil crash sends Dow diving 500 points

    01/20/2016 10:13:11 AM PST · by Signalman · 33 replies
    cnnmoney ^ | 1/20/2015 | Matt Egan
    The Dow plunged 540 points on Wednesday after crude oil plummeted another 7% and crashed below $27 a barrel. The S&P 500 slumped 3.5% to its lowest intraday level since October 2014. The Nasdaq is down another 3.5%. It's the latest blow in what's already been the worst start to a year on record for the stock market. The Dow is now down more than 11% in 2016. "Despite improving valuations, global equities continue to get hammered," Bespoke Investment Group wrote in a client note. The firm said the appetite for risk remains "awful." Turmoil in China and the crash...
  • Stocks Plunge Along With Price of Oil; Dow off 500 Points

    01/20/2016 9:38:38 AM PST · by Deo volente · 70 replies
    ABC News ^ | January 20, 2016 | Marley Jay
    The Dow dropped 520 points, or 3.2 percent, to 15,549 as of 12:30 p.m. Eastern time. The Standard & Poor's 500 index lost 63 points, or 3.4 percent, to 1,817. The Nasdaq lost 150 points, or 3.4 percent, to 4,325. U.S. indexes are down 10 percent or more since the beginning of the year. Bond prices rose as investors shifted money out of stocks.
  • Dow plunges 391 points as fear grips markets

    01/15/2016 2:37:37 PM PST · by Signalman · 16 replies
    CNN Money ^ | 1/15/2016 | Matt Egan
    <p>The market freakout of 2016 keeps getting scarier. Cheap oil and China remain the major culprits. The Dow dropped another 391 points on Friday, leaving the index down an incredible 1,437 points in just the first two weeks of the year. The S&P 500 lost 2.3% and the Nasdaq plunged 2.7% to its lowest level since October 2014.</p>
  • Stocks close down 2% after hitting a near 15-month low on oil rout

    01/15/2016 1:07:43 PM PST · by mykroar · 7 replies
    CNBC.com ^ | 1/15/2016 | Evelyn Cheng
    <p>U.S. stocks closed sharply lower Friday ahead of a long weekend and the onslaught of earnings season, after a slew of disappointing U.S. data, a plunge in oil to below $30 a barrel, and a sell-off in Chinese stocks added to mounting concerns about slowing global growth.</p>
  • US oil plunges 5.7% on China, closes at $29.42 a barrel

    01/15/2016 11:33:08 AM PST · by mykroar · 18 replies
    CNBC.com ^ | 1/15/2016 | Reuters
    World oil prices slumped more than 6 percent to below $29 a barrel on Friday, as a further fall in the Chinese stock market and the prospect of an imminent rise in Iran's crude exports deepened fears of a longer supply glut. After closing higher for the first time in eight sessions on Thursday, U.S. and Brent crude futures slumped to new 12-year lows, taking this year's losses to more than 20 percent, the worst two-week decline since the 2008 financial crisis. The slump was not over yet, some analysts warned, as the lifting of sanctions on Iran opens the...
  • DJIA -496 (-3%)

    01/15/2016 9:47:19 AM PST · by kidd · 117 replies
    MSN ^ | 1/15/2016 12:45 (EDT) | MSN
    Opened at 16,354.33 Down 496.57 Down 3.03%
  • Bear Sinks Claws Into Russell 2000 As Stocks Fall Hard

    01/14/2016 3:23:51 AM PST · by expat_panama · 11 replies
    Investors Business Daily ^ | 01/13/2016 | DAVID SAITO-CHUNG
    Nasdaq Closes Down 3.4% Major averages sell off after Brent oil undercut $30 a barrel intraday Small-cap stocks officially entered a bear market amid a wide-ranging sell-off Wednesday, fueled by the lowest oil prices in a dozen years. Brent crude futures touched below $30... [snip] The Russell 2000, a key market gauge of smaller, publicly traded companies, dove 3.3% to end at 1010.19. That level is 22.1% below its 52-week peak of 1295.99, set on June 23. In stock parlance, a decline is officially labeled a bear market when the price correction exceeds 20% from a 52-week or all-time high....
  • The Weekend Is Over, And The Markets Are Falling Again

    01/10/2016 7:03:10 PM PST · by blam · 51 replies
    BI ^ | 1-10-2016 | Sam Ro
    Sam RoJanuary 10, 2016 World markets are open for Monday trading, and they're down. US futures are in the red with Dow futures down 120 points and S&P 500 futures down 13 points. Asian markets are also set to trade in the red. All this follows last week's bloodletting, which saw the S&P 500 fall 6%. It was the worst first five trading days in history.There's no shortage of explanations for all this: * You have the Fed, which tightened monetary policy with an interest rate hike in December. * You have oil prices, which are a struggling to find...
  • Historic week: Dow plunges 1,079 points

    01/08/2016 3:33:50 PM PST · by Signalman · 134 replies
    CNN Money ^ | 1/8/2016 | Matt Egan
    The Dow lost 1,079 points this week, or over 6%, as fears about China and crashing oil prices dealt Wall Street a painful one-two blow. It was the Dow's worst five-day start to a year on record, according to Dow Jones. Despite the relative calm in China and a strong U.S. jobs report, the Dow fell 168 points on Friday, while the S&P 500 and Nasdaq lost about 1% apiece. It capped off the Dow's biggest weekly percentage loss since 2011. "People are very nervous. We have a lot of fear about what is going on in China," said Joe...
  • China's 'national team' props up the yuan but other Asian markets slide – live

    01/07/2016 10:55:05 PM PST · by SkyPilot · 15 replies
    The Guardian ^ | 8 Jan15 | Martin Farrer
  • This investor called the financial crisis - and is predicting market falls again

    01/07/2016 4:19:53 PM PST · by SkyPilot · 24 replies
    The Telegraph ^ | 7 Jan 16 | Kyle Caldwell
    Martin Gray, one of a handful of fund managers who made money during the financial crisis, is concerned global equity stock markets are ripe for a fall An investor who delivered a 12.3pc return for investors during the financial crisis despite global stock markets falls has said he is moving into cash again and "cannot help but feel bearish" about shares. Martin Gray, formerly of fund firm Miton but now running his own business, Coram Asset Management, is concerned that "overvalued" stock markets are ripe for a fall. Mr Gray's former fund, Miton Cautious Multi Asset, was one of just...
  • Dow Jones Industrial Average Plunges As Global Markets Slammed By China Currency Fears

    01/07/2016 11:24:46 AM PST · by aimhigh · 18 replies
    IBT ^ | 01/07/2016 | Angelo Young
    Concerns about global economic growth sharply increased Thursday after China devalued its currency and halted trading on its mainland exchanges for a second time after less than a half-hour of trading. Oil prices continued their plunge and are now down 11 percent for the year so far. U.S. stock markets opened sharply down as investors try to navigate myriad geopolitical situations and decide how to buy and sell stocks in a world awash with not just oil but nearly every commodity linked to economic activity. Much of these concerns trace back to China, which for the past decade has been...
  • Wall Street braces for more big losses after China rout

    01/07/2016 4:47:31 AM PST · by MeneMeneTekelUpharsin · 7 replies
    CNN Money ^ | 8 January 2016
    Wall Street braces for more big losses after China rout... more at link
  • A Disturbing Warning From UBS: "Buy Gold" Because A 30% Bear Market Is Coming

    01/06/2016 10:07:26 AM PST · by amorphous · 50 replies
    Zero Hedge ^ | 6 Jan 2016 | Tyler Durden
    As Wall Street axioms (Santa rally, January effect, as goes January etc.) are rapidly falling by the wayside at the start of 2016, following a chaotic but return-less 2015, the UBS analysts who correctly forecast last year's volatility are out with their forecast for 2016. It's simple - Sell Stocks, Buy Gold. UBS Technical Analysts Michael Riesner and Marc Muller warn the seven-year cycle in equities is rolling over.
  • Stock Market Sell-Off: Investors See First Of 2016 And Aren't Impressed

    01/05/2016 3:34:57 AM PST · by expat_panama · 6 replies
    Investors Business Daily ^ | 01/04/2016 | Editorial
    ...what changed between Dec. 31 and Jan. 4 to turn investors so negative? Sadly, not much. Let's be blunt: The news from late 2015 wasn't very good.... *********** ...plunging prices of oil and other commodities stimulated spending. But they also pushed every major oil-exporting nation — Russia, Saudi Arabia and Venezuela in particular — into a deep slump. [snip] ...global oil revenues plunged from $3.8 trillion in the summer of 2014 to about $1.6 trillion... *********** And, even as the global economy stagnates, the world is still awash in debt, some $70 trillion owed by governments alone. Much of that,...
  • THIS TIME ISN’T DIFFERENT

    01/04/2016 9:25:33 AM PST · by Signalman · 11 replies
    burningplatform.com ^ | 1/3/2016 | Administrator
    Last year ended with a whimper on Wall Street. The S&P 500 was down 1% for the year, down 4% from its all-time high in May, and no higher than it was 13 months ago at the end of QE3. The Wall Street shysters and their mainstream media mouthpieces declare 2016 to be a rebound year, with stocks again delivering double digit returns. When haven't they touted great future returns. They touted them in 2000 and 2007 too. No one earning their paycheck on Wall Street or on CNBC will point out the most obvious speculative bubble in history. John...
  • China Halts Stock Trading For Day After Entire Market Crashes

    01/03/2016 11:02:35 PM PST · by Zakeet · 176 replies
    Zero Hedge ^ | January 4, 2016
    Following the initial halt in CSI-300 Futures at the 5% limit down level, the afternoon session opened to more carnage and amid the worst 'first day of the year' in at least 15 years, Chinese stocks collapsed further to a 7% crash. At 1334 local time, stock trading was halted for the rest of the day across all exchanges (at least two hours early). [Snip] Dow futures are now down over 150 points from NYE close, Gold and Treasuries are bid, and offshore Yuan has plunged most since the August devaluation.