The bulls certainly got last week started on the right foot, ultimately leading to a move to new record highs on Thursday. There was no follow-through on Friday though, suggesting the market was only interested in reaching the milestone rather than using it as a springboard. Or, maybe traders were simply hesitant to keep buying in front of a three-day...
It's not the first time (or the third time, or even the fifth time) it's been brought up, but in that the problem has yet to be solved, it's worth mentioning again. That is, this rally lacks the participation and interest it needs to be sustained. The most prescient evidence to this end is once again the market's bullish and...
It's not the first time (or the third time, or even the fifth time) it's been brought up, but in that the problem has yet to be solved, it's worth mentioning again. That is, this rally lacks the participation and interest it needs to be sustained. The most prescient evidence to this end is once again the market's bullish and...
Highlights of First-Quarter GDP (Second Estimate) Gross domestic product rose at 1.2% annualized rate, revised from 0.7% (economist est. 0.9%) Consumer spending, the biggest part of the economy, rose 0.6%, revised from 0.3% (economist est. 0.4%) Revisions were led by utilities consumption, intellectual-property investment, government and private construction ——————————————————————————————————— By Michelle Jamrisko, Bloomberg The U.S. economy’s first quarter wasn’t so...
Highlights of First-Quarter GDP (Second Estimate) Gross domestic product rose at 1.2% annualized rate, revised from 0.7% (economist est. 0.9%) Consumer spending, the biggest part of the economy, rose 0.6%, revised from 0.3% (economist est. 0.4%) Revisions were led by utilities consumption, intellectual-property investment, government and private construction ——————————————————————————————————— By Michelle Jamrisko, Bloomberg The U.S. economy’s first quarter wasn’t so...
All aspects of the market could be on the verge of a major shakeup, and the greenback is the ultimate decision-maker here. ———————————————— Things aren't quite the way they're "supposed to be" for the market, but odds are good that will change sooner than later. Namely, stocks are rising, but bonds as well as commodities — especially gold — are...
All aspects of the market could be on the verge of a major shakeup, and the greenback is the ultimate decision-maker here. ———————————————— Things aren't quite the way they're "supposed to be" for the market, but odds are good that will change sooner than later. Namely, stocks are rising, but bonds as well as commodities — especially gold — are...
Optimism about the potential for serious upside in the next few months appears to have dissipated almost completely. Strategist Stacey Gilbert says the "skew" between call option prices and put prices is the greatest it has ever been since 1990. For investors who remain bullish on stocks, speculating on market upside has never been cheaper. By Alex Rosenberg, CNBC Are...
Optimism about the potential for serious upside in the next few months appears to have dissipated almost completely. Strategist Stacey Gilbert says the "skew" between call option prices and put prices is the greatest it has ever been since 1990. For investors who remain bullish on stocks, speculating on market upside has never been cheaper. By Alex Rosenberg, CNBC Are...
The stock market has been rising of late because too much money is chasing too few opportunities, Mohamed El-Erian says. There's a hope in the stock market that the liquidity trade hands off to the reflation trade, he says. Such a move would play down the influence of central bank policies on the stock market, he adds. By Matthew J....
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