If there was any lingering hope that the U.S. dollar was going to bounce back after Friday's selloff and finally push back from the brink of the cliff, it was wiped away today with a relatively small tumble that broke under a huge support level. Namely, the U. S. Dollar Index fell under the early August low and Friday's close...
It could have been worse last week, though it could have been better as well. In fact, it should have been better… at least for the bulls. While the indices managed to eke out a small gain and put an end to what was the worst two-week selloff we've seen in months, the indices failed to crawl back above some...
It could have been worse last week, though it could have been better as well. In fact, it should have been better… at least for the bulls. While the indices managed to eke out a small gain and put an end to what was the worst two-week selloff we've seen in months, the indices failed to crawl back above some...
Shares of companies like Abercrombie & Fitch and Signet are up by double digit percentage amounts after earnings beats By Tonya Garcia, MarketWatch A wave of retail stocks have rallied more than 10% Thursday, after companies reported second-quarter earnings that exceeded estimates, a move experts deem an overreaction, coming after a number of gloomy quarters and lowered expectations. “What we’re...
Shares of companies like Abercrombie & Fitch and Signet are up by double digit percentage amounts after earnings beats By Tonya Garcia, MarketWatch A wave of retail stocks have rallied more than 10% Thursday, after companies reported second-quarter earnings that exceeded estimates, a move experts deem an overreaction, coming after a number of gloomy quarters and lowered expectations. “What we’re...
In question is the why. Not in question is the what. Sales of homes, new or existing, slumped last month, leaving consumers and investors wondering if it's all part of a bigger headwind. After all, we also learned a week earlier that July's housing starts and issued building permits were down from June's levels, rekindling a period of tepid readings....
In question is the why. Not in question is the what. Sales of homes, new or existing, slumped last month, leaving consumers and investors wondering if it's all part of a bigger headwind. After all, we also learned a week earlier that July's housing starts and issued building permits were down from June's levels, rekindling a period of tepid readings....
Think the recent setbacks for stocks are just a run of bad luck, or mere coincidence? BigTrends.com's founder and chief doesn't think so. And, perhaps more alarming, he suspects there's more downside in the cards… soon. In an interview with CNBC's Street Signs hosts on Tuesday evening, BigTrends' Price Headley commented on the mostly-bearish response to recent earnings reports, "I...
Think the recent setbacks for stocks are just a run of bad luck, or mere coincidence? BigTrends.com's founder and chief doesn't think so. And, perhaps more alarming, he suspects there's more downside in the cards… soon. In an interview with CNBC's Street Signs hosts on Tuesday evening, BigTrends' Price Headley commented on the mostly-bearish response to recent earnings reports, "I...
‘Though you might start buying when there is blood in the streets, you may soon realize that a lot of that blood is your own’ By Shawn Langlois, MarketWatch As a precocious teenage hedge-fund manager might say: “This is the worst downturn I’ve ever seen!” Yes, the stock market has finally started to weaken of late. Tuesday’s solid showing aside,...
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