By Victor Reklaitis, MarketWatch Rather than everyone breaking out the champagne as the weekend nears, there is still a fair amount of discomfort over the stock market’s relentless surge. There is getting to be a shortage of superlatives for this market, says Instinet’s Frank Cappelleri, noting a growing sense that it shouldn’t be acting the way it is. (How about...
Sears Holdings (SHLD) may be up today, but the knee-jerk response to the Q3 earnings beat wasn't built to last. The retailer is still bleeding cash, but this time around it doesn't have a clear path to refilling the coffers. The end may be nearer than most people think. Vital stats: In its third fiscal quarter of 2016, Sears reported...
By Sam Meredith, CNBC The European Central Bank (ECB) announced a continuation of the bank's generous asset-buying program on Thursday, although a reduced pace of purchases is set to start from April next year. Current asset purchases of 80 billion euros ($86 billion) a month were due to end in March 2017, but will now be extended until at least...
This week, our Index Options Timer service locked in a nice gain on an option trade. While there's something to be learned with any trade, this particular position – a credit spread on the SPDR S&P 500 ETF Trust (SPY) – was an especially noteworthy sample worth reviewing, as it readily demonstrated several key elements of good trading…. trade selection,...
By Myra P. Saefong, MarketWatch Gold demand in November soared to its highest level since the end of 2011 as investors took advantage of a steep drop in prices for the yellow metal following Donald Trump’s win in the U.S. election, according to data from BullionVault released Tuesday. The Gold Investor Index, run by Internet-based metals exchange operator BullionVault, jumped...
Think the rising tide of the Trump rally lifted all boats? Think again. The market's gains since early November weren't across the board. Indeed, more than a few stocks have struggled to even make a measurable gain since the November 4th bottom, though the S&P 500 is up 5.7% for that month-long period. The even-more-amazing part of the story is...
This is Far More Important for an Oil Rebound Than OPEC's Output Cut Good news for energy companies and oil bulls this week — OPEC ended up deciding to curb its crude output as a means of propping up oil prices (USO). Those higher prices should prove beneficial to all oil producers, there and here. Crude prices jumped sharply on...
Why Weibo (WB) Is Doing Better Than Twitter (TWTR) To say Twitter (TWTR) has been tough to own for the past couple of years would be a considerable understatement. TWTR shares have been more than cut in half since this point in the year in 2014, with no end to the misery in sight. Some have suggested it's not so...
The "Twitter of China" is Doing a Heck of a Lot Better Than the United States' Twitter To say Twitter (TWTR) has been tough to own for the past couple of years would be a considerable understatement. TWTR shares have been more than cut in half since this point in the year in 2014, with no end to the misery...
One Chart Tells the Entire Abercrombie & Fitch (ANF) Story Abercrombie & Fitch (ANF) reported its fiscal third quarter results on Friday. Not surprisingly, they were bad. What was surprising was how bad they were relative to last year's comparable figures, and expectations. Perhaps worst of all, Abercrombie just logged its fifteenth consecutive quarter of year-over-year declining revenue. It may...