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The price of West Texas Intermediate crude oil jumped above $40 last week for the first time this year. Since bottoming in mid-February, crude is up 58% trough to peak. The initial catalyst ...
On Tuesday, March 15th, a massive 51 percent decline in Valeant Pharmaceuticals International, Inc. (VRX) wreaked havoc in the stock market and caused hefty losses to many. VRX started the day...
Here are some semi-random items that should help you think about what’s happening in the markets at this time. — The major indexes are off to a stunning start in March, with the S&P 500 up 3.5%...
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...
Stocks rallied 6% off their Feb. 11 low – accomplishing more in three days than they did in the prior 26 months. Here are a few reasons: — An epic short squeeze, to be sure. Stocks that rose...
The Nasdaq has been walloped of late, in case you hadn’t noticed. After being untouchable last year, it is unwatchable this year, down 15% from its December high. Many see this as a...
If the energy sector can get some relief, the overall market will as well. Ed Yardeni, of Yardeni Research, notes that S&P 500 earnings fell 14.1% in 3Q15 over 3Q14. But that becomes a 3.4% rise...
Here are some notes on the recent market and coming week. — The highlight of the coming week for markets will be the Federal Reserve meeting that concludes Wednesday. Deutsche Bank economist...
At the end of last year, we looked closely at the aging of the United States. Now is a good time to take a look at China’s demographics, and how the aging of that country feeds into the growth...
OPEC is continuing its price-war strategy against U.S. shale, an effort reaffirmed just last week when Saudi Arabia’s energy minister said his country’s output strategy “is a reliable policy and...