Dow jumps to new high as tech recovers
The Dow jumping to a new all-time high as tech recovers with FANG back in the hunt. (^DJI, ^GSPC, ^IXIC) Catch The Final Round at 4 p.m. with Jen Rogers and Yahoo Finance markets correspondent Nicole Sinclair. Winners and losers Let’s take a look at some of today’s winners and losers. Stocks in the red today […]
Most Everyone Is Ignoring the Carnage Taking Place In a Portion of the Stock Market, Says Doug Kass
So much happening in the market, so little time. The Business Media Fiddles While the Nasdaq Burns “The combination of central bankers’ unprecedented largesse (and liquidity) when combined with mindless quant strategies and the enormous popularity of ETFs will, as night follows day, become a toxic cocktail for the equity markets.” –Kass Diary, My Market […]
Tesla may run to $1,000; Cheesecake Factory drops; IMAX cutting jobs
Tesla (TSLA) – A pair of bullish calls and strong results from Tesla’s Model X safety test is pushing shares higher in intraday trading. Billionaire investor Ron Baron told CNBC Tuesday morning that Tesla shares could rally to $500-$600 in 2018 and reach $1,000 by 2020. And he’s not the only one who thinks shares […]
Per Usual, 5 Big Tech Stocks Are Powering The Markets
In recent weeks, the stock market has been all about one story: the dominance of big-cap tech companies. The FANG stocks — Facebook (FB), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL) — have now been renamed the FAAMG stocks — adding Apple (AAPL) and swapping in Microsoft (MSFT) for Netflix — with investors fixated on […]
Here’s Why The Price Of Oil Is Being Held Down
I don’t know about the rest of you guys, but is anyone else feeling a bit hinky about the price of oil? Every time we seem to have the table set for a rally, someone comes along and saws off a leg. So many indicators going in opposite directions at the same time. It’s… unsettling. […]