RichC | February 2, 2018
I played the “high risk, high reward” game on Friday while watching most if not all stocks collapsed over rising interest rate concerns. It looks more likely that the Federal Reserve may have to be more aggressive in raising rates in order to control inflationary pressures after the jobs report. Unemployment is low, the economy […]
RichC | October 17, 2017
It’s just a number, but one that is reminiscent of the Greenspan “irrational exuberance” days back in the late 1990s during the dot-com bubble … but the business news media types cheered the mid-day number (yet to see where the market will close). One has to chuckle at as to just how wrong a Nobel […]
RichC | April 27, 2017
Once a cloud-computing software security darling, FireEye has taken it on the chin and then some. Concerns still abound, but from most accounts, a bottom in stock price may have been found. It is particularly encouraging that Goldman’s Gabriela Borges, a software security analyst, has issued a “buy” recommendation and believes the stock will rally 18% […]
RichC | April 11, 2014
Those who spend any time watching financial markets and attempt to analyze a mix of investments the future, understand that there are mix signals coming from economist, financial analysts and those hired to manage investments (or pick for TV). I follow both the bullish and the bearish thinkers, yet end up being more conflicted about […]
RichC | August 22, 2013
At about the noon hour today stocks on the NASDAQ stock exchange were halted without much news besides a “technical issue.” According to CNBC, the markets should reopen at 3:30 although a few stocks will be reopened as a test around 3PM. (Quotes “only” for other Nasdaq listed stocks begins at 3:10PM) I’ve been eyeballing […]
RichC | January 28, 2011
As the middle east boils and Egypt joins Tunisia in a public uprising against their governments, world markets grow nervous seeing oil rise 4% today on worry over disruption. Not only is our U.S. stock market giving back it’s gains from the past few days, but the political unrest a half a world away reminds […]
RichC | March 13, 2009
Although I don’t spend every moment watching the stock market as an indicator of our economic woes, I do feel the pain when it comes to paying for college and saving for retirement. So I can’t help but take a breath while noticing the averages rise a bit over the last few days. That said, […]
RichC | February 19, 2009
Traders saw most stocks fall on Thursday, putting the Dow Jones Industrial Average back on a bear-market closing low track. The financial sector continued to decline and there was little desire by investors to buy equities with the gloomy economic data. The Dow Jones Industrial Average dropped 89.68 points, or 1.2%, to close at 7465.95 […]
RichC | October 6, 2008
The financial crisis is rippling around the world and that fear is being reflected on Wall Street as the DJIA dropped a full 800 points during trading on Monday, although recovered somewhat to close off only 370 points at 9955.50. Almost all stocks took a beating again today shrinking all who invest for college or […]