US Final GDP The US Final GDP numbers come out today, so needless to say we will more than likely have quite a bit of focus on the US dollar and possibly the US stock markets. Ultimately, this is a market that will probably be somewhat US centric during the day, but we will look…
In some relatively choppy action, U.S. equities managed to close higher on the first session of a Christmas-holiday shortened week in which the U.S. and many international markets will be closed on Friday and the US stock market will close early on Thursday. Treasuries were mostly higher amid an empty economic calendar, while gold advanced,…
The next two shortened weeks should feature some attempts to save the year for bulls and those portfolio managers seeking bonuses, even if they’re strangely calculated. Trading this day started out on the rocky side but as trading neared the close, Da Boyz sensed some selling exhaustion. They probed markets with buy programs and finding…
Inquiring minds are investigating a 17 page PDF of the U.S. Economy in a Snapshot by the New York Fed. The document is formatted poorly. Nearly every line is an image, requiring retyping or images snips of what appears to be (and should be) text. Here are some image snips along with my comments. Overview Mish Comment:…
<<< Read: Investing In Quantum Computing – Part 1 I read through Google’s (GOOGL) paper on the D-Wave benchmarks http://arxiv.org/abs/1512.02206. The results really do seem good. Compared to a classical computer running the same type program, the quantum machine was many orders of magnitude faster. Probably more important, the running time increased more slowly than the…
For the third quarter, S&P Dow Jones Indices is reporting that on a quarter over quarter basis buybacks for S&P 500 companies increased 14.5% and increased 3.7% on a year over year basis. The dividend plus buyback yield for the index is 5.53% and is at the highest level since the fourth quarter of 2011….
How Did the Stock Market Do Today? Dow Jones: 17,251.62; +123.07; +0.72% S&P 500: 2,021.15; +15.60;+0.78% Nasdaq: 4,968.92; +45.84;+0.93% The Dow Jones Industrial Average today (Monday) added 123 points, fueled by solid gains in large multinational banking stocks. However, the continued downturn in Brent crude oil prices – which fell 1.4% to hit an 11-year low – weighed down the energy sector…
With the Market trading below its 20, 50 and 100 day moving averages I wanted to see if there were any of the NASDQ 100 stocks trading above their moving averages. I used Barchart to sort the Index’s stocks for the highest technical buy signals and my list today includes JD.Com (NASDAQ:JD), Activision Blizzard (NASDAQ:ATVI), Mattel (NASDAQ:MAT), Intuitive Surgical (NASDAQ:ISRG) and Liberty Global (NASDAQ:LILAK). JD.Com Barchart technical…
Teladoc Inc. (NYSE: TDOC) – Sell or Short Recommendation – $16.50 PT December 28, 2015, concludes the 180-day lockup period on Teladoc Inc. When the lockup period ends for TDOC, its pre-IPO shareholders, directors and executives will have the chance to sell their ~28 million shares. (Source) The potential for a sudden increase in stock available in the open market may…
In Asia, the Nikkei opened heavy on the back of a weak US closing on Friday, the continued sell-off in OIL prices and then also gave up ground after Toshiba stock declined 9.8%. Meanwhile in China, reports were running around the street that additional stimulus were soon to be announced and so encouraged a firmer…
