Davos: Robert Shiller On The Housing Market- Jan 2010
Robert Shiller, an economics professor at Yale School of Management, shares his outlook on the housing market.
Robert Shiller, an economics professor at Yale School of Management, shares his outlook on the housing market.
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Citigroup CEO Vikram Pandit sits down with CNBC’s Maria Bartiromo to discuss the state of the banking industry and how his company plans to deal with changes in financial regulation.
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This week’s Trading Lesson Few Make Money; Most Lose: People frequently ask me, “How much money can you make trading stocks?” I understand why people ask the question but it is a question that does not have one easy answer because there are so many variables. It is like asking, “How much money can you…
The major averages advanced on Wednesday as the greenback slid to a 14-year low against the yen after the latest round of economic data was released. As expected, volume, a critical component of institutional demand, was lower than Tuesday’s levels ahead of the the Thanksgiving day holiday. The stock market will be closed on Thursday and is slated to close early on Friday (1pm EST) in oberservence of the holiday. Advancers led decliners by over a 2-to-1 ratio on the NYSE but trailed by a narrow margin on the Nasdaq exchange. There were 22high-ranked companies from the CANSLIM.net Leaders List making a new 52-week high and appearing on the CANSLIM.net BreakOuts Page, higher from the 12 issues that appeared on the prior session. In terms of new leadership, it was encouraging to see new 52-week highs outnumber new 52-week lows on the NYSE and Nasdaq exchange.
The most common definition of a bear market is a decline of 20% or more below a recent high. Earlier this year, the IBB (Biotech ETF) fell 24% which dragged down a slew of momentum and growth stocks. At the time, I wrote about (here) how steep corrections were normal and actually healthy for these…