Market CommentaryMore Market Commentary
As Monday mornings go, this is, well, Monday. Unless it is a holiday, Mondays usually are somewhat of a downer. The first day of the work week also means the weekend is over. Even though I have the best job in the world, meaning I can arrange my time pretty much the way I want to, I still love the weekend. Anyway …
- On this day in 2009, the S&P 500 hit its nadir, closing at 676.53. That low marked a climax of a 16-month selloff that took more than half the S&P 500's value.
The S&P 500 has ri...Read More
"If a building looks better under construction than it does when finished, then it's a failure."
When taking on a renovation project, you will invariably need someone to do the actual renovation part. As the owner of this property you have a few options: 1) you can do the work yourself; 2) you can hire employees to work with you; 3) you can hire sub contractors for the different trades; 4) you can hire a general contractor to make everything happen.
[Editor's note: In case yo...Read More
The equity markets are looking like the miracle of the loaves and fishes these days. Every crumb of news – good news, bad news, not-quite-true news – is driving the markets higher.
The multitudes are being fed with not much more than hot air, and the continued suspension of disbelief is nothing short of miraculous.
A recent headline on the cranky perma-bear website Zero Hedge seemed to sum it all up nicely “Stocks Close At New Record High On Russian Invasion, GDP Decline And Pending Home Sale...Read More
The stock indices have come roaring back since the night of March 2 when the Russians seized control of the Crimean peninsula in Ukraine. After opening lower that Sunday night, the equity markets screamed to new highs by Tuesday. They consolidated on Wednesday and Thursday ahead of last Friday’s U.S. unemployment report. This sets the stage for a very technical formation that should be indicative of a market that’s run out of gas.
We begin Thursday’s action. Thursday was an outside day. There...Read More
May ICE sugar futures a buying opportunity on more price strength.
See on the daily bar chart for May sugar futures that prices are in a five-week-old uptrend, last week hit a 4.5-month high, and the bulls have momentum and the near-term technical advantage. A move above chart resistance at last week’s high of 18.47 cents would become a buying opportunity. The upside price objective would be 20.00 cents, or above. Technical support, for which to place a protective sell stop just below, is l...Read More
Featured StoriesMore Featured Stories
This week features one of the more intriguing IPOs of 2014, in my opinion. The company, Castlight Health , has developed a cloud-based software platform built to help corporations control rising health care costs. This is a problem that seven out of ten CFOs consider to be the most pressing one , according to CSLT.
It is a very early-stage company with limited revenue and significant losses. However, I believe that most investors will focus on its growth potential and the fact that it is a fir...
We’ve all heard the saying about the smart money and the, well, not smart money.
When a stock is trending up or down, it is wise to follow the smart money versus your gut feelings, news, or what your friends are doing.
A LITTLE BACKGROUND
If you’re not familiar with “On Balance Volume” let’s touch on what exactly OBV is. OBV was initially introduced to the world of technical analysis by Joseph Granville. It was one of, if not the first indicator, to measure positive and negative volume flow...Read More
I used to watch CNBC pretty much all day. Every uptick and downtick of the S&P, the Nasdaq Composite and the Dow – I was right there.
IPOs? Sure, I could tell you about them. Earnings reports, hot trades, analyst actions. All of it.
It’s exciting. It drives TV viewership. However, for investors, not only is it useless, but it’s actually dangerous.
Nobody makes serious life decisions based on “Monday Night Football” or “The Voice.” But for some reason, an entertainment vehicle l...
As the calendar turns to March, tensions in the Ukraine are escalating and the threat of war is looming. It's a mid-term election year which is typically negative for U.S. stocks.
The current U.S. equity bull market will enter its sixth year on March 10, which is long in the tooth by historical standards. March could prove to be a bumpy ride for traders.
Here's a quick look back at top stories from last month.
Market WatchRead More
Becoming involved in the impact investment space may sound good, but the Global Impact Investing Network , a sponsored project of Rockefeller Philanthropy Advisors, and nonprofit B Lab jointly offer an analytics platform that helps investors measure the social, environmental and financial performance of their investments.
Specifically GIIN and B Lab together promote tools that help impact investors measure and track the environmental, social and financial performance of their investments using...