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By Douglas MacMillan, Bloomberg |
May 20, 2013
Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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By Alexis Xydias, Bloomberg |
May 20, 2013
The most-indebted U.S. companies are rallying more than any time in almost four years compared with the rest of the stock market amid the broadest rally since at least 1995.
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By Dan Gramza |
May 20, 2013
The Nasdaq 100 found more confidence on Friday and climbed higher, a move Dan Gramza expects to continue.
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By Anthony Lazzara |
May 17, 2013
Overall, the bull market frenzy is picking up and we still believe the E-mini S&P 500 will finish this year at 1690 or higher.
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By Dan Gramza |
May 17, 2013
Although the Nasdaq 100 climbed again to new highs yesterday, it did so with heavy selling. Going into the weekend looks mixed.
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By Nikolaj Gammeltoft, Bloomberg |
May 16, 2013
U.S. stocks fell, after the Standard & Poor’s 500 Index extended a record yesterday, after a Federal Reserve official said the central bank may slow the pace of stimulus as early as this summer amid disappointing economic reports.
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By Renee Dudley, Bloomberg |
May 16, 2013
Wal-Mart Stores Inc., the world’s largest retailer, forecast second-quarter profit that was less than analysts estimated as consumers struggle amid the slow U.S. economy and higher taxes.
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By Dan Gramza |
May 16, 2013
Stock continued to make gains yesterday, and Dan Gramza is looking for them to continue that move today.
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By Nikolaj Gammeltoft, Bloomberg |
May 15, 2013
U.S. stocks rose, pushing benchmark indexes to fresh records, as data showing weakness in manufacturing fueled bets the Federal Reserve will be in no hurry to scale back stimulus.
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By Chris Vermeulen |
May 15, 2013
Since the middle of April everyone seems to have been building a short position in the equities market. We know picking tops or bottoms fighting the major underlying trend is risky business, but most individuals cannot resist.
