Although markets were somewhat shaky for the first big week of the new earnings reporting season, they ultimately closed up for the second week in a row. This is only a small step, but it has proven that solid fundamentals can stabilize this market.
Kanye West, the headline-grabbing entrepreneur and rapper, shared with his 14.9 million Twitter followers this weekend just how much he loves his Tesla. He even garnered the attention of Tesla Inc. (TSLA) CEO Elon Musk, who returned the love in retweet form and reignited the "bromance" be
Despite its many criticisms, the Affordable Care Act has arguably been the closest thing to universal healthcare that Americans have ever seen. According to data from the Centers for Disease Control and Prevention, the uninsured rate in the U.S. fell from 16% in the quarter immediately preceding the implementation of the ACA, which is more affably known as Obamacare,....More>>>
July data included new home sales, up to a new post-recession high; existing home sales, which declined; and durable goods orders, which increased. In the rear view mirror, Q2 corporate profits increased or decreased depending on whether or not inventory adjustments were included (but in either case were higher than Q4 2015).
My usual note: I look at the high frequency....More>>>
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Clifford Asness, chief of AQR Capital Management, is the face of a trend that is sweeping Wall Street. A quantitative trading pioneer with a background that includes a doctorate, Goldman Sachs and hedge funds, Asness has experienced highs and lows over his 25-year career. He is now running one of the fastest-growing asset managers on Earth by popularizing what has become the latest investing craze.
Our lasted featured recommendation is a tech name with a storied past — Texas Instruments (TXN), notes Nicholas Vardy, editor of Vardy’s Alpha Algorithm, a data-driven system.
Headquartered in Dallas, Texas, Texas Instruments is one of the top 10 semiconductor companies worldwide. It is also one of the world’s leading designers and suppliers of digital signal processors....More>>>
Markets rose slightly on Wednesday, taking the Dow and S&P 500 very close to all-time highs. The banking and energy segments were the most benefited from the recuperating oil prices, which rose more than 3.15 percent today.
The S&P 500 Index closed up 0.08 percent, with Discover Financial Services (NYSE: DFS), up 8.14 percent on its earnings, and Chesapeake Energy Corporation....More>>>
Indonesian equities dropped the most in Asia, with the benchmark gauge sinking to its lowest level since Dec. 15, on concern that Bank Indonesia may raise interest rates for the first time since 2014 to defend the currency, which is already hurting economic growth.
The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
Pedro Parente, lauded for turning around Brazil’s state-oil giant Petrobras SA, agreed to become chairman of struggling food conglomerate BRF SA, a breakthrough that may end several weeks of fighting among shareholders over who will sit on its board.