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Stock Preparing for Pullback, Buy Bad News, Sell the Good
May 3rd, 2013 at 10:43 amThe SP500 remains in a strong uptrend, but the index has posted a sizable gains for 2013 thus far so it’s only logical that a pullback within this bull market takes place...
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Houston Airport Shooting: Social Media Identifies Gunman As Carnell Marcus...
Photo: FacebookSocial media has named Carnell Marcus Moore as the alleged gunman in the Houston, Texas, airport shooting.
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Dow Jones Industrial Average, S&P 500 Set Record Highs On Unexpectedly Robust...
A surprisingly strong April employment report and robust Q1 corporate earnings lifted shares of U.S. companies into record territory Friday, as both the blue-chip Dow Jones Industrial Average and the...
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Top After-Market NASDAQ Movers (Arkansas Best, Madison Square, Trius,...
The top after-market Nasdaq gainers Friday were Arkansas Best Corporation, The Madison Square Garden Company, Trius Therapeutics Inc., Audience Inc., and Biogen Idec Inc. The top after-market Nasdaq...
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BMC Software May Be Acquired For More Than $6.5 Billion By Bain Capital And...
An announcement that BMC Software Inc. (NASDAQ:BMC) is being acquired for about $46 per share -- a total of more than $6.5 billion -- by a private-equity group consisting of Bain Capital LLC and Golden...
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Top After-Market NASDAQ Movers (Servicesource, Unilife, Ubiquiti, Sequenom,...
The top after-market NASDAQ gainers on Thursday were Servicesource International Inc, Unilife Corporation, Ubiquiti Networks Inc, Sequenom Inc, and Erickson Air-Crane Inc. The top after-market NASDAQ...
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US Stock Futures Point To Higher Open On Friday Ahead Of Federal Budget,...
U.S. stock index futures point to a higher open on Friday ahead of the release of Federal Budget after the opening bell and Federal Reserve Chairman Ben Bernanke's speech scheduled earlier in the...
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Pre-Market Movers (Unilife Corporation, BT Group, Molycorp, ArcelorMittal,...
Unilife Corporation, BT Group Plc, Molycorp, ArcelorMittal, Nokia Corporation, Pain Therapeutics Inc, Intersections Inc, Apollo Global Management LLC and LivePerson Inc are among the companies whose...
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Euro Under Pressure After Spanish Debt Auction
The euro lost ground on Friday morning after investors looked to take profits on the common currency's two day rise. The euro traded at $1.3013 on Friday morning.A Spanish debt auction on Thursday was...
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Brent Remains Near $104 on Mixed US and Chinese Data
Brent crude oil traded steadily near $104 on Friday morning as mixed signals kept the commodity trading in a tight range. Brent traded at $104.11 at 8:05 GMT on Friday morning after positive US data...
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Nvidia Beats Q1 Estimates; Provides Weak Guidance
Nvidia (NASDAQ: NVDA[FREE Stock Trend Analysis]) released its fiscal first-quarter earnings after the closing bell on Thursday.
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Oil prices on the defensive
Although it looks like the oil market is heading for its third weekly gain in a row the market has been retracing in overnight trading. The spot WTI contract remains above its breakout level of $95/bbl...
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Abenomics Brings Currency Wars to G7 Talks
Today’s AM fix was USD 1,449.25, EUR 1,114.12 and GBP 941.62 per ounce. Yesterday’s AM fix was USD 1,469.50, EUR 1,118.68 and GBP 944.59 per ounce.
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Chinese Investors' Love Of Europe Seen Growing As Investment Rose 21% In 2012
Chinese companies’ European love affair continued through 2012 as investments in the continent rose by as much as 21 percent, according to a new report.Europe received $12.6 billion from Chinese...
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Jamie Dimon Love: Media And Financial Barons Come Out In Support Of JPMorgan...
Jamie Dimon, president CEO of JPMorgan Chase has come under fire in recent weeks after shareholder advisory firms recommended that shareholders of JPMorgan stock vote to split Chairman and CEO roles,...
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Brent Rising On Geopolitical Tension
Tepid global economic growth and growing stockpiles have kept Brent crude oil prices low in recent weeks. However, the commodity saw a lift after geopolitical tension in the Middle East escalated and...
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Abe Pulls Pin on JGB Grenade
Japan has already suffered through a quarter century's worth of an economic malaise because they have refused to allow the free market to work its reconciliation magic. Their reliance on government...
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Iran Shells Out $4B Line Of Credit to Assad's Government In Syria
Iran has extended two lines of credit worth a total of $4 billion to Syria’s embattled President Bashar al-Assad and hopes to open a third to prop up the war-torn nation’s oil industry in the face of...
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Cop Killed In Ambush: Kentucky State Police Have Few Clues In Killing Of...
Kentucky authorities have few clues in the case of a cop killed in an ambush Saturday on a state highway exit ramp, but they have all but ruled out the possibility that children might have been...
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Chevron Looks to Expand in Australia, Reuters and Bloomberg Report
The U.S.'s second largest oil company, Chevron (NYSE: CVX[FREE Stock Trend Analysis]), is planning to increase its investment in Australia by producing more liquefied natural gas (LNG) from its Gorgon...
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Gold Prices Could Rise As Central Banks, Pessimistic Investors Lay Groundwork...
Central banks and pessimistic investors are laying the groundwork for what could be a jump in the price of gold from its current level below $1,400 per ounce, according to a note Tuesday from a UBS...
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The Love Trade for Gold is Still On!
Investors should have gained confidence from Ben Bernanke’s recent testimony to Congress that the Federal Reserve intends on being accommodative as long as needed. He had a laundry list of job market...
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Bank Of Israel Slashes Lending Rate To 1.25% In Effort to Curb The...
Prospects for a full-blown global currency war climbed Tuesday after the Bank of Israel on Tuesday cut its base lending rate by a quarter of a percentage point to 1.25 percent, the second such move in...
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Dow Jones Industrial Average Sets Another Record By Climbing To 15,409.39
Wall Street set another record on Tuesday as the Dow Jones Industrial Average jumped 106.29 points to a record 15,409.39.The 0.69 percent gain marks the 20th consecutive Tuesday that the blue chip...
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