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Investors should remain cautious; longer-term interest rates have refused to rise in the face of rising stock prices. more...
It seems that even though U.S. consumers look healthy, the market is getting hit by fears of weakness in Asia. More soft data from China today, along with company outlooks that show an impact from slower Chinese growth, are hurting stocks. more...
When will bitcoin markets break free of their current malaise? A measure of bitcoin volatility reached a more-than two-month low today, offering the latest evidence of the digital currency's malaise. The cryptocurrency's rolling 14-day volatility declined to a reading of 40, its lowest since mid-November, according to data provided by ...
A lot of readers asked why I didn't research Starbucks before recommending a new client sell it. It's a fair question that merits a thoughtful reply. The stock's price-to-earnings multiple is 19 which is comparable to that of the S&P 500. A company without a clear growth plan trading at a market multiple is not a compelling investment. To be compelling, the stock would have to be a lot cheaper, or the CEO has put forth a credible plan ...
The powerful gains last Wednesday were encouraging. Does this mean that the worst of the selling is over and that buyers can safely step back into the stock market? That is the view of some in the financial media, but is it consistent with the technical and sentiment readings? more...