The market was higher. Yet it felt like a very ugly session, even frightening. Aside from the stock market still grinding it out, as (formerly) hot stocks have turned decidedly cold, I read yesterday about plans for a remake of the 1922 classic Nosferatu: A Symphony of Horror.
I dont hear much about behavioral analysis of the stock market much these days, but I have to say that it should be factored in decisions for near-term traders, and even parts of modeling for buy-and-hold investors.
The stealth Bear Market rages on with more fanfare and with even greater concern.
Move over, Communist China, Hillary Clinton wants to bring your central planning policies to our economy and stock market. Punishing investors for making money is not the only brilliant gem on her laundry list.
The Dow Jones Industrial Average is now down for the year, just as economic confidence has shifted into freefall. There is no doubt there is a fork in the road adjacent to the economic recovery and stock market. People simply are not feeling good about things and at the same time, the stock market is grappling with maintaining its lofty levels.
The big indices keep reaching new all-time highs; yet beneath the surface, theres cause for concern.
The Hungarian Central Bank purchased a Titian painting last week for $15.8 million. The move is unusual, even for a central bank that has been on an odd buying spree.
In the end, it wasnt even close as the Greek parliament voted to accept the offer it had flatly rejected, only a couple of week ago. The only difference this time is that it is even more draconian. The deal seems so lopsided; in fact, one member of the Troika voiced opposition. The International Monetary Fund (IMF), is projecting debt-togross domestic product (GDP), climbing to 200% from a current 177%.
They did it!
Summer Kennedy, the 2014 Playmate of the year, is a fierce day trader who gets up at 5AM in Los Angeles to trade stocks and share ideas on Twitter. Some would say thats the sign this market is ready to flop.
Housing continues to stage a comeback with the latest evidence from the New Home Sales report, coming in at a seven-year high pace of 546,000.
This will be another news-driven week where outside influences have a much greater impact on the stock market than economic data and corporate news.
This week, Federal Reserve Chair Janet Yellen engaged in a kiss with Wall Street. She answered one question about the Fed never hiking rates and replied that she couldnt make an ironclad promise.
Greeces Impossible Timetable and Lessons for America goes way beyond a couple days of stock market volatility.
According to the Federal Reserve, Household wealth increased to $84.9 billion in the first quarter of this year, driven by $487 billion increase in stocks and $503 billion increase in the value of homes.
Whoawhere did that come from? This dull market of 2015 seemed to hark from when Bruce Banner became the Incredible Hulk, and a lot of experts started yelling, Look out below!
The State of the Bailout as of this month is a net gain of $80 billion, which will be sold to the public as some kind of win for taxpayers. However, considering the way these companies put themselves at risk and the return on investment, it is like a high-wire artist who takes a plummeting fall and lives to take a bow.
There wasnt a lot of news from the G7 summit meeting yesterday, save for the fact that the United States is still formulating a strategy on how to deal with ISIS. Photos from the gathering are actually making more news, including this photo of German Chancellor Angela Merkel and President Obama.
Yesterday, two big names in investing on Fox Business were talking about a potential market correction, but its not the first time these giants have tried to warn the world.
There are certain market trends that have developed during this bull market, including seasonal periods of weakness and strength. The question is, seeing a high probability of weakness into the end of next month, should investors ride it out or cool their heels on the sidelines.