getty The US markets are looking for a new week of profit this morning after strong economic data. Household data showed that sales of previously owned homes went above expectations amid low mortgage rates. Business activity also picks up in the services and manufacturing sector as revealed in the US …
Read More »What does our smart money tell us?
Stock market display screenshot on the street with stock market crash sell-off in red … [+] color getty The US stock market has been flirting with record highs this week, and this has caused a lot of nerves among investors. One of the reasons stock traders have been feeling jittery …
Read More »‘Golden Cross’ materialized in Dow transports, Russell 2000
A week after a Bullish gold cross pattern formed in the Dow Jones Industrial Average DJIA, + 1.30%, a few key indexes in the markets are also starting to generate upbeat chart formations – suggesting that a more technologically driven rally to other sectors of the market could emerge. Indeed, …
Read More »How Apple’s stock split will change hierarchical order in the 124-year-old Dow
Apple Inc. is planning a 4-for-1 stock split and has major implications for the Dow Jones Industrial Average, of which it is a key component. The iPhone maker announced Thursday that its board approved the stock split. The division will affect registered owners beginning August 24 and Apple AAPL shares, …
Read More »Dow drops nearly 200 points after China retaliates by ordering Chengdu consulate closed
TOPLINE The market ended lower on Friday as high-tech stocks lagged, and stocks were hit as well after China retaliated for the closure of its consulate in Houston earlier this week by ordering States United that you close your consulate in Chengdu. Relations between the United States and China hit …
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