Maybe we should be used to high unemployment … but now the bad news on jobs is coupled with queasiness about corporate earnings. The latest earnings season began with the…
Finally – U.S. Drags Down European Market … Japan Falls, Too
We’ve been writing about Europe dragging down the U.S. stock market for more than a year now. We, of course, take no satisfaction in it, but it’s kind of a…
Healthcare For All – Like it Or Not
The U.S. Supreme Court’s decision to uphold the Constitutionality of Obamacare by a 5-4 vote will mean different things to different people. Even its impact on healthcare companies will vary. …
The S&P 500 Comes Up Short
The S&P 500 fell more than 2% yesterday, recording its worst one-day drop since December. Was it disappointment with The Fed? A sudden realization that the market shouldn’t rise when…
Bad News Boosts the Market
In the strange world of investment management, bad news is often good news. That was the case last week, as the S&P 500 gained a hefty 3.7%, more than reversing…
The High Price of High-Frequency Trading
Whatever its perceived benefits, HFT is changing the way the stock market operates. It used to be that companies went public to raise capital; investors took risks by buying company stock,…
High-Frequency Trading Accounts For Three Out of Four Trades
With graphs of stock market prices looking like the Alps recently, people are hearing a great deal about high-frequency trading (HFT) and its impact on the market. Except for hearing…
200-Day Moving Average Says the Bear Is Back
Investment managers regard the 200-day moving average price of an index such as the S&P 500 or of an individual stock as the dividing line. An index or stock trading…