Submitted by Mark St.Cyr, It’s official: all the markers of manias both past and present have now been surpassed. NASDAQ™ new highs? Check. All major Indexes both in actual terms as well as adjusted for inflation? Check. Earnings reports being enthusiastically reported as more “beats” than misses? Check. Show More Summary
On Thursday, the Nasdaq closed at its highest since March 2000. On Friday, the S&P 500 Index traded at its intraday high (above 2120). So, all is good... right? We should 'party like it's 1999'. Some traders are noticing...
Big tech stocks are on fire. Nasdaq investors are celebrating. But the biggest wins are going to the tech tycoons leading these companies. Jeffrey Bezos, CEO of Amazon.com (AMZN), has plenty to smile and laugh about. His stake in the electronic commerce company is up $5.8 billion this week – a remarkable boost in his […]
QCOM is going up next week QUALCOMM, Inc. (NASDAQ:QCOM) shares have been beat with a stick and left for dead since last summer. Finally a publication with some clout is going to bat for them. The rally for QCOM never lasts more than a few weeks in the last 12 months. Show More Summary
MercadoLibre, Latan America's largest largest e-commerce marketplace, has announced the purchase of metroscubicos.com from the Grupo Expansion (GEx).
Submitted by Michael Snyder via The Economic Collapse blog, Well, the Nasdaq finally did it. It has climbed all the way back to where it was at the peak of the dotcom bubble. Back in March 2000, the Nasdaq set an all-time record high of 5,048.62. Show More Summary
Most stocks rose modestly on Friday, pushing the S&P to another high and vaulting Nasdaq even further into new territory
The Nasdaq hit at a 15-year high on Thursday, fueling fresh speculation that the stock market is experiencing another dot-com bubble like the one of the 1990s that could burst at any time. Not so, says venture capitalist Tony Tjan. “You’re...Show More Summary
Upbeat earnings from Amazon.com (AMZN), Google (GOOG), Microsoft (MSFT), and Starbucks (SBUX) helped lift the S&P 500 to a new record, while the Nasdaq Composite hit its second record in a row. Yields on benchmark 10-year Treasury notes also fell. Show More Summary
Take a ride on the NASDAQ train.
Victor J. Blue/Bloomberg via Getty ImagesTraders at work Friday on the floor of the New York Stock Exchange. By Noel Randewich The Nasdaq composite and S&P 500 chalked up record high closes Friday, propelled by strong results from tech...Show More Summary
A worrisome trend has been playing out in recent weeks during the slow, grinding rally that lifted the Nasdaq Composite to its record high this week. Money is actually leaving U.S. stock mutual and exchange-traded funds while the markets continue to rise. Fully $7.2 billion walked out the door last week, according to Bank of [...]
The S&P 500 climbed to an intra-day high for a second straight day. The Nasdaq closed at a record high after several tech giants rose on earnings results. First, the scoreboard: Dow: 18,082, +25, (+0.2%) S&P 500: 2,117.85, +4.9, (+0.2%) Nasdaq:...Show More Summary
(Very) succinct summations for week ending April 24th: Positives: 1. The S&P 500 made a new all-time high. 2. Mortgage applications rose 5% w/o/w. 3. The NASDAQ Composite closed at its highest level in fifteen years. 4. Initial jobless claims came in at 295k, the seventh week below 300k. 5. Durable goods increased 4%, vs...Read More
Humor required... Despite a quiet week for macro data, what there was a disaster (from PMIs to housing to durable goods)... US Macro at new 6 year lows... Which can mean only one thing... This week was the best for most major stock indices since Bullard's mid-October "QE4" hint rescue... Show More Summary
Warning, some high school students were injured in the making of this Nasdaq Trader analogy...
Call the Close?
Amazon shares touch life high after revenue beats estimates ||| New York - The Nasdaq Composite extended its gains in early afternoon trading on Friday, hitting a 15-year intraday high, propelled by strong results from tech behemoths Google, Amazon and Microsoft. Show More Summary
Nasdaq parent Nasdaq OMX Group agreed to a $26.5 million settlement of a class-action lawsuit over the technical issues that plagued Facebook’s initial public offering May 18, 2012, Reuters reported. The stock exchange suffered issues...Show More Summary
With the Nasdaq sitting at new highs having finally eclipsed the previous record of 5,048 set in March of 2000 and with consumers not-so-eagerly awaiting their chance to get in on the supposed wave of the wearables future by purchasing...Show More Summary