It’s been years since I’ve been in a classroom, but Labor Day always reminds me of the first day of school and the giddy youthful optimism that accompanied it. The ritual of methodically preparing for the event because everything had
September 1, 2015
Podcast: Play in new window | Play in new window (Duration: 13:14 — 12.1MB) DOW – 469 = 16,058 SPX – 58 = 1913 NAS – 140 = 4636 10 YR YLD – .03 = 2.17% OIL – 4.99 =
With indicators from macro-fundamentals (e.g. retail sales, core capex, inventory-to-sales) to market-oriented measures (VIX levels and backwardation, HY credit spreads, commodity prices) all flashing various colors of dead canary in the coal-mine red, we thought today’s colossal spike in the
468 Reasons Not to Be in the Stock Market Right Now September was off to a bang with the Dow down 468 points. Not that I am saying ” I told you so”… No one wants to hear this…But trading
Monday RXi Pharmaceuticals (RXII) announced that the FDA is allowing the company to begin a phase 1/2 trial for the retinal scarring of macular degeneration patients. This follows a 30-day IND review period where the FDA had the opportunity to
For Sept. 1, 2015, here’s how the Dow Jones Industrial Average did today, earnings reports, top stock market news, and stocks to watch based on today’s market moves… How Did the Stock Market Do Today? Dow Jones: 16,058.35; -469.68; -2.84% S&P
Qihoo 360 (QIHU – Snapshot Report) reported second-quarter 2015 earnings per ADS of 66 cents, surpassing the Zacks Consensus Estimate of 50 cents on the back of higher revenues. Earnings per ADS exclude the interest expense of convertible senior notes but include share-based
Ambarella Inc. (AMBA – Snapshot Report), a leading developer of chips for the high-definition capture market, reported is Q2 fiscal 2016 earnings after the bell Tuesday. Last quarter, the supplier for GoPro (GPRO) beat the Zacks Consensus Estimate by 24.44%.
After the late recovery last week, sellers again made markets their home. Sizable losses were accompanied with higher volume distribution, although volume was down on earlier panic. Another pass at August lows looks likely. The S&P is again heading to
What a great contrast! While the otherwise surging U.S. markets ended August on a three-year low note (as a basis of monthly performance) and U.S. index futures are on a retreat, oil – the prolonged pain for investors – staged
