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Starbucks (SBUX) rolled out its new rewards program along with an updated mobile app on Tuesday, April 12.  The rewards will now be based on the amount of money a customer spends and not the...
Alaska Airlines (ALK) is on the runway and is waiting to take-off. The announced acquisition of Virgin America (VA) for $2.6 billion will mark a regional airline consolidation. With new routes it...
Individual investors are not buying this rally despite the move to three-month highs. Bulls in the latest survey by the American Association of Individual Investors dropped seven points this week....
The rally last week pushed the S&P 500 over its 50-day moving average for the first time in 2016 — or the first time in 38 trading days, to be exact. That was the longest streak under the...
Tech heavyweight Apple (AAPL) is down 9% in December, falling out of a multi-month consolidation range on swirling worries about iPhone demand and sales in China. Shares of its component...
Investors are disappointed with the central bankers. They are worried that the Federal Reserve’s forecast for four rate hikes in 2016 is too aggressive and want to see that number cut in half,...
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...
Here are some notes on recent market activity. — The S&P 500 started last week with a 2.5% plunge on Monday. From that close to the Friday close, the market rose 3.7% to finish up 1% for 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...