Market News
Why the Fed Has Markets in a Tizzy
Wall Street Journal - 18 Sep 2015 20:03
Investors didn't get what they expected from the Federal Reserve.
How to 'invest against the grain' with investment trusts
Telegraph - 18 Sep 2015 19:59
One well regarded fund manager interrupted his summer break to deploy this trick on Black Monday. Richard Dyson explains
Smart Idea To Buy Wal-Mart While The Stock Is On Sale
Forbes - 18 Sep 2015 18:53
Retailers have been under attack in recent years but not by the online competitors that may first come to mind. Instead, retailers have been under attack from Wall Street analysts who can’t wait to bury the next tradit...
Mideast Fund Says Another $1 Billion From Malaysia's 1MDB Is Missing
Wall Street Journal - 18 Sep 2015 10:56
Questions around a troubled Malaysian state investment fund and missing money in the Middle East have widened to include as much as $1 billion more.
Dow Jones Industrial Average Sheds Nearly 300 Points After The US Fed Decision Spurs A Global Sell-Off
IBTimes - 19 Sep 2015 01:23
U.S. stocks closed sharply lower Friday in the wake of Thursday's Federal Reserve decision to keep its target rate low, elevating concerns that the global economy is faltering too much to begin raising U.S. borrowing cos...
Rates Still Likely To Rise In 2015 But Expect Low Rates For Foreseeable Future
Forbes - 18 Sep 2015 23:01
The Fed may be more concerned with future global economic growth potential and its impact on the impish U.S. economic recovery than they are letting on.
Friday Sector Leaders: Utilities, Consumer Products
Forbes - 18 Sep 2015 22:37
The best performing sector as of midday Friday is the Utilities sector, not showing much of a loss. Within that group, Consolidated Edison, Inc. (NYSE: ED) and PG&E Corp. (NYSE: PCG) are two of the day's stand-outs, show...
Friday Sector Laggards: Energy, Materials
Forbes - 18 Sep 2015 22:37
In afternoon trading on Friday, Energy stocks are the worst performing sector, showing a 3.1% loss. Within that group, Diamond Offshore Drilling, Inc. (NYSE: DO) and Range Resources Corp (NYSE: RRC) are two large stocks ...
Stocks Slammed After Fed Skips Rate Hike And Stokes Global Growth Fears
Forbes - 18 Sep 2015 22:29
Troubling signs on global growth get a fresh look after the Fed stands pat on interest rates.
Friday's ETF with Unusual Volume: XBI
Forbes - 18 Sep 2015 22:06
The SPDR S&P Biotech ETF (XBI) is seeing unusually high volume in afternoon trading Friday, with over 2.6 million shares traded versus three month average volume of about 716,000. Shares of XBI were down about 0.6% on th...
Friday's ETF Movers: GDX, OIH
Forbes - 18 Sep 2015 22:05
In trading on Friday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 1.3% on the day. Components of that ETF showing particular strength include shares of Kinross Gold (KGC), up about 6.5% and shares of ...
Friday Sector Laggards: Oil & Gas Exploration & Production, Music & Electronics Stores
Forbes - 18 Sep 2015 22:04
In trading on Friday, oil & gas exploration & production shares were relative laggards, down on the day by about 3.9%. Helping drag down the group were shares of Triangle Petroleum Corporation (TPLM), down about 13.8% an...
Friday Sector Leaders: Gas Utilities, Precious Metals
Forbes - 18 Sep 2015 22:02
In trading on Friday, gas utilities shares were relative leaders, up on the day by about 0.6%. Leading the group were shares of Southcross Energy Partners LP (SXE), up about 3.8% and shares of Ferrellgas Partners LP (FGP...
Fed Squeezes Bank Profits
Wall Street Journal - 18 Sep 2015 21:44
The Fed's signal that interest rates will stay lower for longer keeps up the pressure on bank loan profits.
Deutsche Bank's Decision To Exit Russia The First Move To Boost Profitability
Forbes - 18 Sep 2015 21:44
Deutsche Bank is shuttering its investment banking operations in Russia in what comes as the first concrete step taken by the German banking giant towards fulfilling the goals laid out as a part of its long-term reorgani...
Why Have Solar Yieldco Stocks Been Trending Lower?
Forbes - 18 Sep 2015 21:34
After a stellar 2014 that saw a wave of IPOs and surging valuations, 2015 has turned out to be a challenging year for solar yieldcos. The Global Yieldco Index is down by about 24% from its mid-April highs, and many yield...
Investors head for safe havens after US holds fire on rate rise
Telegraph - 18 Sep 2015 21:31
Shares in gold miners jumped after the Federal Reserve left interest rates unchanged.
Fed Decision To Delay Rate Hike Is More About Psychology Than Economics
Forbes - 18 Sep 2015 21:26
We’ve been waiting with bated breath for the outcome of the Federal Reserve’s most anticipated decision of the decade, and now, we can let out a sigh of relief. Though we’re left with the same question - “when wi...
Robo-Advisors: Threat Or Opportunity?
Forbes - 18 Sep 2015 19:58
It seems like the year of the robo-advisor, with billions of dollars being invested through this relatively new type of investment intermediary. Robo-advisors Betterment and Wealthfront each advise on roughly $2.6 billio...
S&P 500 Analyst Moves: IFF
Forbes - 18 Sep 2015 19:47
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, International Flavors & Fragrances (IFF) is now the #104 analyst pick, moving up by 2 spots.
Forget iOS9 Glitches: iPhone 6s Sales Will Boost Apple's Results, Says Wall Street
Forbes - 18 Sep 2015 19:08
Ever since Apple released the iOS9 update on Wednesday, the internet has been alight with the complaints of iPhone users: "I think the iOS9 update had molasses in it," wrote one. "Dude iOS9 is so cool my phone freezes no...
Friday 9/18 Insider Buying Report: CLI, VFC
Forbes - 18 Sep 2015 18:57
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...