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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 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 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...
What worries me the most about the current economy is not corporate masters keeping entry-level workers down overtly, but the trend toward robots, artificial intelligence and machines learning...
Regional and money-center banks are red-hot lately. And Jack Ablin, the chief investment officer at Bank of Montreal, thinks he knows why — and what it means. I have served on many investment...
One of Wall Street’s best known adages is the old “sell in May and go away” seasonal trick. The idea is that the six months starting in May — including the normally listless summer months — are ...
The slowdown in retail sales growth has been a big surprise this spring, as lower gasoline pump prices were expected to boost spending. What’s going on? Analysts at TIS Group have a fascinating...
Here are a few notes from my research and conversations on tech and markets over the weekend. — Watch out, Tesla. Mercedes is launching its first plug-in hybrid-electric midsize sedan, the...