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Despite rising employment, an improvement in wages and lower gasoline prices, American consumers are doing something that they have rarely done in the past five decades: They are spending less on...
The smart analysts at Convergex had a good summary of what the past week’s rally meant in the grand scheme of things. Let’s listen in to a verbatim (but lightly edited) excerpt:  — Stock...
Here are a few notes on my mid-October market scorecard.  — After rising almost 1% last week, the S&P 500 is now up nearly 8% since the Sept. 29 low. During this period, large-caps have...
Quick, think of a time machine. The first image that pops into my head is the louvered, silver-skinned DeLorean of the Back to the Future trilogy. An iconic car that has a special place in...
The Wall Street Journal on Friday noted that the market for technology initial public offerings has struggled this year, as it did last year. Is that meaningful? In April, analyst Jason Goepfert...
Morgan Stanley has issued a “full house” buy alert on international stock markets for the first time since early 2009, effectively calling the bottom of this summer’s equity slump. The...
The average stock in the Russell 1000 was up more than 6% from Tuesday through Friday, Aug. 25 to Aug. 28. Bespoke Investment Group ran its famous decile analysis on these results to see which...
The S&P 500 has lost critical technical support at the 200-day moving average and the 2,000 level — putting its post-2011 uptrend in jeopardy. Many observers pooh-poohed the importance of the...
The Chinese yuan dropped in value three straight days until Friday, finishing the week with a 3% loss. Beijing authorities tried to stabilize the situation by saying the currency didn’t have...
Stocks have stayed largely in reverse gear in the last week following weaker-than-expected earnings reports and a continued rout of commodities, energy stocks and high-yield bonds. When you...