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Upbeat housing data sends markets soaring
May 24, 2016
Upbeat housing data along with rising crude oil prices sent the markets soaring to a sharply higher close with the Dow rocketing 213 points to 17,706. Nasdaq surged 95 points to 4,861. Read More
Markets extend gains as home prices soar
May 24, 2016
A surge in new home prices sent the markets soaring during the midday with the Dow jumping 217 points to 17,710. Nasdaq leaped 84 points to 4,850. Read More
When is the ideal time for Fed rate hike?
Today 17:30 EDT
While the stock market is watching the Federal Reserve, reacting and over-reacting to every statement or comment, the central bank is closely watching the markets for signs of stability in what appears... Read More
It sounds like a statistical anomaly, but that’s unfortunately how Wall Street works, says Phil van Doorn. Read More
A Huge Breakout Is Brewing In The U.S. Stock Market
Today 16:56 EDT
After a consolidation period of almost two years, it seems that the U.S. stock market is ready to start trending again. Read More
Unless one lives under a rock, you are well aware that that bulls nor bears have anything to brag about the past couple of years, as the market has continued to mostly chop sideways in a band between... Read More
Alibaba’s stock rocked after SEC investigation disclosed
Today 12:14 EDT
Alibaba’s stock tumbles on heavy volume Wednesday after the China-based e-commerce giant disclosed in a regulatory filing that it was being investigated by the Securities and Exchange Commission. Read More
The Daily Shot And Data - May 25, 2016
Today 11:13 EDT
New home sales beat forecasts by a significant margin. At the same time, new home supply has tightened. US median new home price rose above $320k. Read More
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