Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Friday, the 25th of May.
While Adam is away we will be providing the daily update in written form each day, with videos on Monday, Wednesday, and Friday each week.
DailyXchange
Post and prosper with other MarketClub members everyday.
Stocks on the move: LUV ( Southwest Airlines ) and KO ( Coca-Cola )
DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Daily Update: The end to a quiet week"
In this excerpt from a talk at the Casey Research Recovery Reality Check Summit, legendary resource speculator Rick Rule makes a strong case for careful, disciplined investing in the junior resource sector, despite the market turning truly ugly.
You can hear Rick's entire entire presentation, along with those by the 30 other experts at the Summit – including their stock tips and other recommendations. The full audio collection is available in CD or MP3 format. Get full details here.
Clearly, Facebook's (FB) $38 IPO was a bust (because the price dropped). So, the "market" took matters into its own hands. First, it tossed out the Morgan Stanley (MS), Goldman Sachs (GS) JPMorgan Chase (JPM) triumvirate's hype, dismissed Nasdaq's day-1 blunders and ignored investors' cries of "Foul!" Then, it focused on the real Facebook: A large, unique company with broad market appeal, a global brand name, and a potentially bright future.
So, what is the result? $32 is the market-determined IPO price. Continue reading "Facebook's IPO Do-Over, This Time At $32"
(RTTNews) - Stocks showed a lack of direction over the course of the trading day on Thursday, as seemed reluctant to make any significant moves. The choppy trading came after the markets saw considerable volatility over the course of the two previous sessions.
The major averages bounced back and forth across the unchanged line, eventually ending the session mixed. While the Nasdaq fell 10.74 points or 0.4 percent to 2,839.38, the Dow rose 33.60 points or 0.3 percent to 12,529.75 and the S&P 500 edged up 1.82 points or 0.1 percent to 1,320.68. Continue reading "Stocks Close Mixed Following Choppy Trading Day"
Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Thursday, the 24th of May.
While Adam is away we will be providing the daily update in written form each day, with videos on Monday, Wednesday, and Friday each week.
DailyXchange
Post and prosper with other MarketClub members everyday.
Stocks on the move: LUV ( Southwest Airlines ) and KO ( Coca-Cola )
DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Daily Update: Stocks are showing a lack of direction"
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