Archive for Stock Market News – Page 2

AU200: Technical Analysis – Rising trade surplus bullish for Australian stock index

By IFCMarkets Rising trade surplus bullish for Australian stock index Australia’s trade surplus ros in September. Will the AU200 stock index continue rising? Latest data from China, Australia’s biggest export market, were positive: inflation rose to 1.9% in October from 1.6% in September. This points to healthy economy growth and growing demand in China, a […]

US stocks retreat as Senate unveils tax plan

By IFCMarkets Dow snaps 7-session winning streak US stocks retreated on Thursday on tax cuts delay possibility. The dollar weakened as the Senate’s tax plan was unveiled: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, fell 0.5% to 94.51. Dow Jones industrial average lost […]

Kamikaze Investors Get a Lifeline

By WallStreetDaily.com Ever tried to catch a falling piano? Of course you haven’t! Doing so would constitute pure insanity. So why would you buy shares of a stock in freefall? The downward momentum of such a stock can be every bit as forceful as the aforementioned piano. Nonetheless, people keep buying beleaguered stocks simply because […]

US stocks rally continues

By IFCMarkets SP 500, Dow and Nasdaq close at records US stocks closed at new record highs on Wednesday with tax reform Congressional deliberations in the focus. The dollar strengthened marginally: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, inched up to […]

GSV Capital: The One-Stock Road Map to Instant “Startup Riches”

By WallStreetDaily.com Let’s unpack a clever way to invest in emerging technologies — ones that are privately held yet are perfectly within your reach. The ingenious path to “startup riches” is through GSV Capital Corp. (NASDAQ: GSVC) — a publicly traded venture capital firm. When you buy shares of GSV, you’re actually buying a diversified […]

US stocks slip on tax reform uncertainty

By IFCMarkets Dow logs a new record high US stocks inched lower on Tuesday on uncertainty on timing and extent of proposed tax cuts under consideration in Congress. The dollar resumed strengthening: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.1% […]

Target Priced Raised on ‘Undervalued’ Antibiotics Developer

By The Life Science Report Source: Streetwise Reports   11/06/2017 Analyst Ed Arce discussed the rationale behind H.C. Wainwright & Co.’s decision to revise its models on this clinical-stage biopharmaceutical company. H.C. Wainwright & Co. raised its target price on Nabriva Therapeutics Plc (NBRV:NASDAQ) to $20 from $18 per share, “representing a $733M market cap,” wrote […]

Could a FDA Warning Letter Provide a Silver Lining to This Home Care Medical Device Company?

By The Life Science Report Source: Maj Soueidan for Streetwise Reports   11/06/2017 Maj Soueidan, cofounder of GeoInvesting, profiles his long history with a company providing medical devices for the home care market. One of the things I love about investing in microcaps is the information arbitrage (InfoArb) opportunities they present. InfoArb is a term Geo […]

Industrial Stocks Index: Technical Analysis – Earnings season ends in the US

By IFCMarkets Earnings season ends in the US In this review, we suggest considering the personal composite instrument (PCI) “Stock index – industry”. It includes the stocks of the largest US industrial companies. The Industrial_Stocks index may decline, amid the emerging difficulties with the approval of the US President Donald Trump’s tax reform. Market participants […]

Judgment Day for Stocks: Third-Quarter Earnings Report Card

By WallStreetDaily.com It’s report card time. Roughly 1,100 companies have reported third-quarter earnings. The data, so far, suggest that the market has reached the upper limit on prices. Companies that miss analysts’ expectations are down 3.3% in the two days following the earnings announcement. Such a two-day decline is over a full percentage point more […]

Biotech Reports Positive Topline Data; Biologics License Application in Progress

By The Life Science Report Source: Streetwise Reports   11/06/2017 Ram Selvaraju, an analyst with H.C. Wainwright & Co., reviewed the recent clinical trial results released by this developer of cell therapies targeting oncology and orphan indications. In a Nov. 1 research note from H.C. Wainwright & Co., analyst Ram Selvaraju reported that Stemline Therapeutics Inc. […]

US market rally continues

By IFCMarkets SP 500, Dow and Nasdaq close at record highs US stock indices ended at record highs on Monday as merger deals and tax overhaul hopes buoyed investor confidence. The dollar pulled back: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, […]

Fair or Foul? Trust in Tech Reaches Alarming Levels

By WallStreetDaily.com The Verge just reported something that got my attention… “Big tech companies have turned the corner from friendly giants to insidious monopolies.” The monopoly thesis is based on the $2.7 billion EU anti-trust ruling against Google and the possibility of similar legal action here in the United States. But a fascinating survey was […]

US markets rise on strong jobs report

By IFCMarkets US jobless rate hits 17-year low US stocks ended higher on Friday on strong jobs report. The dollar strengthened as jobless rate declined from 4.2% to 4.1% in October: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, added 0.2% to […]

S&P500 Speculators lowered their net positions to a small bearish level

By CountingPips.com – Receive our weekly COT Reports by Email S&P500 Non-Commercial Speculator Positions: Large stock speculators reduced their net positions in the S&P500 futures markets this week to a new bearish level, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures […]

New Gilded Age Haunts American Middle Class

By WallStreetDaily.com Dear Reader, Compounding interest is a force of nature. It’s such a daunting force, in fact, that it’s chiefly responsible for 99% of the wealth residing in the hands of 1% of the population. There are now 1,542 billionaires living among us. Last year, another 145 multimillionaires cracked the billion-dollar mark. How’d they […]