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Surge, what can you still buy in this market . Tim, ill kibblic it off with you today buy the charts that are stick kicking out. Theres no fundamental reason why u. S. Steel should be up 80 this year except people are pricing these guys to go out of business. While the s p is grinding sideways, and we can make a lot of technical arguments and fundamental arguments, you can see they stocks that are breaking out. Oil closes above the 200day. That to me is very significant. We have talked about that in the path. Until it did that, i know, dan, for you that was a problem. Are you a little worried, though, they have this high debt load. It seems like these are not exactly the ones that can continue to work on momentum, but fundamentally not exactly the names up to chase. I would look at some lag guards if the market is going to break out, which ive been very skeptical about. Ultimately it will be because were in a better place. That means that the fed is going to be more hawkish, then you w ....
Stock market got clocked at the opening because of weakness in japan. Its always somewhere there. We got a second straight drop in growth for a quarter and thats enough to trigger an official designation of a country in recession. Thats right, even after the japanese government pulled out all the stops, hasnt seemed to matter. Growth too hard to come by. By mid morning a wave of buying came in to take advantage of the decline. The dow closed up 13 points, the s p advanced. 07 but the nasdaq declin declined. I get the weakness. The ripple effects from japan or china, wherever else its come from where felt throughout europe where growth seems nonexistence and can only get worse. That weakness infected the overnight markets as the case for years and years and everything was drenched in red ink. The Early Morning selling is plain stupid because after the selling wave hits the scores, the positive situation that is unique to america and ....
Both sides. The securities and Exchange Commission has a new warning to Bond Fund Managers that has to do with structural issues that have crept into the market. We will tell you about the implications. We want to start with breaking news on new skin. Sterns, ise, olivia there with everything you need to know on this story. Shares in new skin are down and the stock has been halted in trading twice. Comingllows allegations from a chinese newspaper saying new skin has been suspected of an illegal pyramid game. This is a company that makes nutritional and skin ruddocks and the government says they are investigating these allegations. Tearkin has been on a recently, the stock quadrupled last year. New skin denies these allegations, but this calls to mind another herbal Nutritional Supplement company that has ....
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Robinsons Retail Holdings, Inc. (OTC:RRETY) Announces Dividend of $0.23 themarketsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themarketsdaily.com Daily Mail and Mail on Sunday newspapers.