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…
Compared To What?
The U.S. dollar is the strongest it’s been in a year-and-a-half. Is this renewed strength a sign of American economic strength? In a way – but it’s all relative. The…
Europanic Spreading
Stocks surged recently when a new plan for dealing with Europe’s sovereign debt was announced. Then they came crashing back down when it became clear that the plan was more…
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…
Market Going In Wrong Direction
With profits exceeding analyst forecasts and a debt-ceiling agreement reached, there was reason to believe that the market might be ready to reverse direction and head back up last week.…