The Dow Jones Industrial Average (DJIA) is a preferred barometer for the U.S. stock market’s performance. It is certainly the most widely recognized stock index in the world and is indeed the oldest. When it was instituted in 1896 it listed only 12 industrial stocks. Today, there are 30 blue chip companies listed on the DJIA and…
Written by Gary Premarkets were up +0.8% even though the morning financials were ‘not-so-good’. The markets opened with a roar and climbed smartly to +1.5% in a matter of minutes as I mentioned they would on Tuesday. By 10 am the averages were solidly in the green on ‘moderate’ volume and not as convincing as yesterday’s…
The Chart of the Day belongs to Acorda Therapeutics (NASDAQ:ACOR). I found the stock by sorting the All Time High list for the stock with the best technical buy signals, then used the Flipchart feature to review the charts. Acorda Therapeutics is commercial-stage biopharmaceutical company dedicated to the identification, development and commercialization of novel therapies that improve neurological function in people…
Friday the Labor Department is expected to report the economy added 245,000 jobs in December. That’s down from 321,000 in November, and a slower economic growth will likely drag on jobs creation through much of 2015. After a tough winter and brief economic contraction, the economy grew at a 4.8 pace the second and third…
The markets are an incredible aggregator of information. However, because of a tsunami of information, sometimes investors have difficulty in distinguishing the signal from noise. Let us try to help. Here we look at three cases in which it seems many investors maybe confusing the noise for the signal. First, the Chicago Federal Reserve President Evans, a…
Candy Crush in motion. Photo Credit: King In a November 2013 TechCrunch post titled “Welcome To The Unicorn Club,” Aileen Lee from Cowboy Ventures defined the term ‘unicorn’ as a company with a public or private market valuation of more than $1 billion. Since then, the term invaded the startup community lexicon and companies with more than…
Private nonfarm payrolls in the US are projected to increase by 247,000 (seasonally adjusted) in tomorrow’s December update from the Labor Department, based on The Capital Spectator’s median point forecast for several econometric estimates. The monthly prediction reflects a substantial deceleration in growth vs. November’s 314,000 gain. Two estimates based on recent surveys of economists…
There will always be boom and bust cycles within an economy. However, on occasion, the cycle turns into inflated bubbles. These bubbles have been fueled by too easy of monetary policies from global central banks such as the U.S. Federal Reserve, Bank of Japan, European central bank, etc. They are often further inflated through financial…
There will always be boom and bust cycles within an economy. However, on occasion, the cycle turns into inflated bubbles. These bubbles have been fueled by too easy of monetary policies from global central banks such as the U.S. Federal Reserve, Bank of Japan, European central bank, etc. They are often further inflated through financial…
