Carl Icahn clarifies his stock-caution comments as others downplay them November 19, 2013, 10:47 AM Activist investor Carl Icahn has clarified his comments that contributed to pushing stocks to session lows on Monday. Icahn posted a clarification on his website Shareholders’ Square Tablein order to shed light on his stock-related remarks originally reported on Monday from the Reuters…
TECHNICAL-Palladium’s “golden cross” signals near-term gains 3:17pm EST * Palladium up 3 pct in 2013, lone gainer in precious metals * “Cross” seen bullish on prices in next 3-6 months -analyst * Open interest in U.S. futures near 1-1/2 year high * Has met strong resistance at $780 six times in 2013 By Frank Tang NEW…
Why Is The Government Getting Off Scot Free From JPMorgan’s (NYSE:JPM) $13 Billion Fine? After All They Were The Ones Who Sold Them Washington Mutual Join Our Free Newsletter & Get Powerful Ideas Delivered To Your Inbox By Christopher Harress on November 19 2013 11:47 AM It’s unlikely that when J.P. Morgan Chase & Co. (NYSE:JPM)…
Thu, Nov 14 2013 By Frank Tang NEW YORK (Reuters) – Hedge fund Paulson & Co maintained its stake in SPDR Gold Trust, the world’s biggest gold-backed exchange-traded fund, in the third quarter after slashing its stake by more than half in the second quarter when bullion prices plummeted. However, some notable money managers and pension…
STOCK MARKET COMMENTARY: FRIDAY, NOVEMBER 15, 2013 Stocks rallied for a sixth consecutive week as the major averages continue to march higher. As we have mentioned several times recently, in the short-term the market is extended and a light volume pullback would do wonders to restore the health of this rally. The fact that the…
Portfolio managers are always looking for new merchandise. A great majority of history’s greatest winners tend to enjoy their best run in the years following their IPO. Here is FindLeadingStocks.com’s Special Report of 20 Best & Worst IPO’s in 2013. It’s good to keep your eye on the new merchandise for early (stage 1) breakouts….
We do not think the Fed will taper in 2013 and here’s why: 1. Neither of the Fed’s targets have been met: A. Unemployment rate drops below 7% AND (not or) B. Inflation rises to 2%. Actually, one could argue that deflation is more of a concern right now than inflation. 2. Yellen’s In, Bernanke’s Out: Another…
STOCK MARKET COMMENTARY: FRIDAY, NOVEMBER 08, 2013 Stocks rallied for a fifth consecutive week as the major averages continue to march higher. As we have mentioned several times recently, in the short-term the market is a little extended and a light volume pullback would do wonders to restore the health of this rally. The fact…
Nov. 7, 2013, 6:34 a.m. EST By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) — Stock futures were marginally lower on Thursday as investors took to the sidelines ahead of the European Central Bank meeting and the release of U.S. GDP growth data. On the corporate front, all eyes will be on Twitter Inc.’s debut on the New York Stock Exchange,…
Tesla Teeters as Earnings Loom By Tomi Kilgore 11/5/13 With Tesla Motors Inc. teetering between two key technical levels, chart watchers say the electric-car maker’s earnings report could determine whether the stock speeds higher, or crashes, by as much as 40% over the next couple months. Tesla is technically still in a bull market, chart watchers say, but…