The recent U.S. stock rally, which began off the bottom in late June and saw the market break to new all-time highs in early July, has been anemic by almost any measure. While not that much seems to be happening on the surface, underneath it the internals have been undergoing change. The groups leading the rally are not the same groups leading the market prior to the rally. It is not uncommon for....More>>>
Republican leaders have a lengthy list of talking points about the shortcomings of the health law.
Shortly before his inauguration last month, Donald Trump said that it “is a complete and total disaster. It’s imploding as we sit.” And the GOP can point to a host of issues, including premium increases averaging more than 20% this year, a drop in the number of insurers....More>>>
On Wednesday,our Under the Radar Moversnewsletter suggested shorting small cap aestheticdevice stock Syneron Medical Ltd (NASDAQ: ELOS):
Syneron Medical is a pretty pre-emptive trade. We’re betting that yesterday’s high-volume surge was a blowoff top, AND we’re betting today’s huge outside-day reversal is indeed a signal that all the recent buyers are now turning into....More>>>
As you age, your fear of running out of money will grow. It should. Because as you approach retirement, youll have fewer opportunities to out-earn your spending. Fear rightly keeps you in check. It can be the difference between running out of resources and a sustainable retirement income strategy.
Too much fear, though, can be a disaster. Some retirement savers losing sleep over their portfolios....More>>>
Offshore drillers likeAtwood Oceanics (ATW), Diamond Offshore Drilling (DO), Ensco (ESV), Noble (NE), Rowan Companies (RDC), Ocean Rig UDW (ORIG), and Transocean (RIG) have been on fire this week–and Evercore ISI’s James West and team credit a “2 sigma short interest unwind.” They explain:
As our new Energy trader Kevin Kenny noted this morning, Dont fight City Hall....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins