Getty Images The month of August was a weird one at the United States Department of Defense, in at least two ways. For one thing, the Pentagon awarded $38.66 billion on new military hardware and services (not counting servicemembers' salaries and benefits). Show More Summary
U.S. Inflation Developments Vice Chairman Stanley Fischer Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming August 29, 2015 I am delighted to be here in Jackson Hole in the company of such distinguished panelists and such a distinguished group of participants. I will focus my remarks today on forces–domestic and international–that...Read More
For billionaire tech bros, the party never has to end.
Carl Court/Getty Images TORONTO -- Hundreds of thousands of people signed up for infidelity website Ashley Madison in the last week, parent company Avid Life Media said Monday, even after hackers leaked data about millions of its clients. The...Show More Summary
With the put/call ratio at 1.17, a continuation of the bounce is likely. IBD still sees market in correction. gmi: 0 gmi-2: 2 t2108: 15
As unsettling as it can be to watch the Dow shed more than 500 points in consecutive trading sessions, investors should relax, take a deep breath and put things in perspective – this was not a crash, nor are we on the brink of another financial crisis. Indeed, the recent losses may have contained a […]
Markets Markets worked on healing today, reversing about half of yesterday's losses. The volatility index came in pretty hard. It's noteworthy that at least some brokers do not have XIV (the inverse volatility index) available for shorting. Show More Summary
5 reasons you can't afford not to take the plunge
Real estate investor’s have come up with a lot of rules of thumb, most notably the 70%, 50%, and 2% rule. But how useful are these rules? Well, let’s put them to the test: The 70% Rule This is my favorite rule of thumb. Basically, it goes as follows: To figure out what your strike price [...]Show More Summary
And reward you for whaling on your pecs in between conference calls.
Hewlett-Packard (HPQ) closed up in regular trading and was climbing 0.4% in after hours on news that it is looking to sell its TippingPoint computer network security division. Reuters reported just before the close of regular trading that the move comes ahead of HP’s plan to split before the end of the year, and cites […]
Richard Drew/AP By Noel Randewich NEW YORK - Wall Street stocks jumped almost 2 percent Wednesday in the latest volatile session as investors weighed the impact of a stumbling Chinese economy and global market turmoil on the Federal Reserve's impending decision about when to raise interest rates. U.S. Show More Summary
“If I had an hour to solve a problem and my life depended on the solution, I would spend the first 55 minutes determining the proper question to ask… for once I know the proper question, I could solve the problem in less than five minutes.” – Albert Einstein Problems are simply systems of cause [...]Show More Summary
Source: Visual Capitalist
Earlier today, Citigroup’s Michael Rollins upgraded AT&T (T) to Buy given its low valuation and dividend growth. He also moved Level 3 Communications (LVLT) to his top pick in the telecom space. He notes that the move comes as the stock is off some 18% since its second quarter results, meaning that it trades at a significant […]
So far, two of the three technical warning signs for a possible peak in the market have been raised. The most recent came in June as the market’s internal momentum failed to confirm the S&P 500’s new record highs. If past is prologue, the market will likely attempt...
Gold’s many qualities make it one of the most coveted metals in the world. Not only can it be shaped and sculpted, the yellow metal also conducts electricity, doesn’t tarnish and is biocompatible (meaning it’s not harmful to our tissue). These qualities make it the metal of choice in a wide variety of industries, including […]
Broad Equity Market Tone: Advance/Decline Line: Higher Sector Performance: Most Sectors Rising Volume: Slightly Below Average Market Leading Stocks: Underperforming Equity Investor Angst: Volatility(VIX) 27.75 -11.66% Euro/Yen CarryShow More Summary
Book recommendation: Gillian Tett’s new book The Silo Effect: The Peril of Expertise and the Promise of Breaking Down Barriers is a...
Evaluating the state of the markets and the potential timetable for a Federal Reserve rate hike. Panic or Profit: Evaluating a Volatile Market Source: Bloomberg, September 2, 2015 1:38 PM EDT