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Market Close Report: NASDAQ Composite index closes at 5,048.29 down -2.51 points

Friday’s session closes with the NASDAQ Composite Index at 5,048.29. The total shares traded for the NASDAQ was over 1.63 billion. Declining stocks led advancers by 1 to 1 ratio. There were 1390 advancers and 1392 decliners for the Source
Posted On 18 May 2015

Silver Lining in Soft Econ Reads – Ahead of Wall Street

Friday, May 15, 2015 The silver lining to the recent run of soft economic readings is the Fed angle, with the central bank expected to hold off rate increases in the face of an uncertain economic backdrop. This has Source
Posted On 18 May 2015

Stock Market News for May 15, 2015 – Market News

Benchmarks gained over 1% yesterday on weaker dollar and drop in bond yields. Thursday’s gains were broad based with the S&P 500 closing at an all time record high and 9 out of 10 sectors of the index ending Source
Posted On 18 May 2015

Are U.S. Drillers Actually Making A Comeback?

By Nick Cunningham for Oilprice.com Is US shale about to make a comeback? Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has jumped by more than 25 percent. There is a newfound bullishness in the...
Posted On 18 May 2015

Market Close Report: NASDAQ Composite Index closes above 5000; up 69.11 points at 5,050.80

Thursday’s session closes with the NASDAQ Composite Index up above 5000 points. The index first reached the 5000 mark on Mar 9, 2000. The total shares traded for the NASDAQ was over 1.69 billion. Advancers stocks led declining by Source
Posted On 16 May 2015

7 Best Stocks to Buy for Explosive Earnings Growth

By John Divine, InvestorPlace Assistant Editor When investors hunt around for the best stocks to buy, one of the first things they look for is earnings growth. Seeing improvement at the top line never hurt anyone either, but at the end of the day, if you can’t turn a profit, it...
Posted On 16 May 2015

Stock Market News for May 14, 2015 – Market News

Benchmarks were little changed on Wednesday amid discouraging retail sales numbers and rise in bond yields. While disappointing retail sales figures in April dragged the S&P 500 and the Dow into negative territory, gains in bond yields across the Source
Posted On 16 May 2015

Retail Earnings Growth Impressive – Ahead of Wall Street

Thursday, May 14, 2105 The Q1 earnings season was tracking quite favorably for the Retail sector prior to results from Macy’s ( M ) yesterday and Kohl’s ( KSS ) today. Not only were the sector’s Q1 earnings and Source
Posted On 16 May 2015

Does the Price of Bitcoin Matter?

For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of...
Posted On 14 May 2015

Market Close Report: NASDAQ Composite index closes at 4,981.69 up 5.50 points

Wednesday’s session closes with the NASDAQ Composite Index at 4,981.69. The total shares traded for the NASDAQ was over 1.63 billion. Advancers stocks led declining by 1.02 to 1 ratio. There were 1390 advancers and 1367 decliners for the Source
Posted On 14 May 2015