Many analysts are trying to ponder how such a huge loss in the value of Boeing stock this week makes much sense from a fundamental perspective. It doesn’t have to. Often, a move in a stock or an index can be quite instructive, especially to those who may not really understand why stock prices are […]
New York City has a lot of paper out there, so the thought of it going bankrupt is particularly troubling. We need to look at how big this threat may actually be. To hear the New York Post tell it, “New York City is edging toward financial disaster.” This was exactly the headline of a […]
Merrill Lynch got stung so badly by holding sub-prime mortgages that they almost went out of business. This time around though, they are eyeing the cream of the crop. Merrill Lynch once lost almost $19.2 billion in just 12 months in the mortgage market, and was among the biggest losers in the subprime mortgage crisis. […]
The Russell 2000 has a lot of stocks in it, but the sum total of them doesn’t add up to much. If we want to track small caps, it is invaluable, but with big caps, it’s pretty meaningless. Traders and investors will sometimes use intermarket analysis to attempt to gain some additional insight on where […]
On Friday, the Dow worked hard all day to overcome the hole they were put in and got it back. Faced with another hole Monday, the Dow got it back again, and just kept going. Last week’s poor market index performance had stock market observers a little on edge, and even Friday’s surge during normal […]
After 10 years of seeing stocks go up, this leaves us wondering what the next 10 will be like. With predictions of at least a slowdown, we should get prepared for this now. We see all sorts of information and opinions about the direction of stock markets over the short term, where we may be […]
Elizabeth Warren wants to try to break three big internet companies, ones she feels have grown too big. They are bigger than she likes, and she wants to try to stop them. What do Amazon, Google, and Facebook have in common? They are all among the world’s biggest companies of course, and they are all […]
The February nonfarm payroll report numbers were released Friday morning, and they disappointed the analysts. The market didn’t agree and put in a strong rally in response. You can’t just go by how a report compares to the estimates of analysts, and February’s jobs report is a good example of this. Following a tremendous amount […]
Plenty of people pay attention to a technical signal called the 50/200 moving average crossover. While this indicator can be somewhat useful sometimes, this isn’t one of them. While the prospects of the Dow’s 50 day moving average crossing over its 200 day moving average is making the news these days, this particular instance at […]
Some congressional democrats may find the idea of a punishing tax on securities transactions appealing, but this once again demonstrates their financial ignorance. There are several members of Congress on the Democratic side that are all for looking to punish the wealthy through various new tax proposals such as higher taxes on very high income […]