U.S. equity markets opened higher this morning and both the DJIA and the S&P 500 climbed to new intra-day highs (more coverage here). The Fed mistakenly released FOMC minutes early to some Congressional staffers…
Jon OggEndless printing of money to purchase assets and bonds in Japan is a real game-changing initiative. It devalues what had become a very overvalued Yen but creates problems for the rest of us.…
ThinkstockWednesday was unusual in that the FOMC minutes from the March 19-20 meeting were released much earlier than expected. We could not help but wonder how that might impact the $21 billion ten-year Treasury…
ThinkstockAhead of the shareholders meeting schedule for this Friday, MetroPCS Communications Inc. (NYSE: PCS) may be getting an improved offer from Deutsche Telekom AG for the proposed merger with DT’s T-Mobile USA subsidiary. The…
Jon OggThe DJIA and S&P 500 Index both hit new highs on Wednesday and we expect to see DJIA 15,000 and also 1,600 on the S&P 500 Index any day now. One thing that…
ThinkstockThe U.S. Department of Agriculture (USDA) this morning released its monthly World Agricultural Supply and Demand Estimates (WASDE) report for April. The agency lifted its estimate on U.S. wheat stocks by 15 million bushels,…
The Dow Jones Industrial Average has just hit 14,800 on Wednesday for a new all-time high. Call it 14,800.47 after a gain of 127.01 points or 0.87%. The S&P 500 Index just hit a…
thinkstockFollowing a rosy presentation at an analysts’ meeting yesterday, shares of First Solar Inc. (NASDAQ: FSLR) rose more than 45%, pulling a wagon load of other solar panel makers along with it. Today, JinkoSolar…
There is good news for dividend and income investors. We saw enough dividend hikes that we knew there was some mathematical gain in hard dollar terms, but now we have some formal reporting on…
ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) released its April Oil Market Report this morning. The cartel did not change its forecast for global demand growth of 800,000 barrels a day to a total…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 0.3 million barrels last week, bringing the total U.S. commercial crude inventory to 388.9…
Thinkstock24/7 Wall St. recently featured the waves of the most promising turnarounds for 2013. It was amazing to see some of the battered yet recovered stocks on that list. Some of the turnarounds we…
ThinkstockWe recently have begun tracking short interest in the publicly traded companies that either make 3D printing systems or provide design and other services using the machines. As of March 28, short interest has risen…
ThinkstockWhat is one trend you see whenever the stock market hits a new high or enjoys a long period of strength? Usually, companies and their insiders line up in droves to sell stock to…
Wikimedia CommonsIf losses totaling more than $16 billion over the past dozen or so years are not so bad, General Motors Co. (NYSE: GM) apparently thinks adding another $5.2 billion to the fire is…