Talk about a different reaction to a higher-than-expected CPI report! Instead of plunging by more than 2% like it did last month, this time the S&P managed to finally set that long-awaited new record despite concerns of higher inflation.
Consumer prices jumped 5% i
The PHLX Semiconductor Index (SOX) has become one of the best-known and most widely-tracked sub-sector indexes. Over the past decade, its performance has bested even the soaring Nasdaq-100 Index (NDX).
The Nasdaq continued its recent climb on Thursday, while the S&P 500 jumped to new records. The positivity came despite May’s 5% jump in consumer prices that marked the highest annual inflation rate in almost 13 years.
Technology stocks added to their midday gains Thursday, with the SPDR Technology Select Sector ETF rising 0.7% in late trade while the Philadelphia Semiconductor Index was advancing 1.2% this afternoon.
We have an excellent buying opportunity in the largest publicly traded high-frequency market-maker, Virtu Financial VIRT. Yesterday VIRT tumbled over 7.5% in the afternoon trading session following comments from Gary Gensler, the chairmen of the SEC, regarding potential n
Technology stocks were higher Thursday, with the SPDR Technology Select Sector ETF rising 0.7% while the Philadelphia Semiconductor Index was advancing 0.9% this afternoon.
Did you hear the one about the "apes" who destroyed the Citadel? No you didn't; and you won't. But you will hear a lot about this "army" that's going to make the giant hedge fund "pay," as they so loudly and proudly claim.The big enemy of free and fair markets has become
LONDON (Reuters Breakingviews) - The Basel Committee on Banking Supervision has weighed in on cryptocurrencies. Punitive new proposals from the standard-setting body may ensure bitcoin remains in the fringes of regulated finance. Yet safer areas
It has been about a month since the last earnings report for Perrigo (PRGO). Shares have added about 2.9% in that time frame, underperforming the S&P 500.
It has been about a month since the last earnings report for Macerich (MAC). Shares have added about 38.2% in that time frame, outperforming the S&P 500.
A month has gone by since the last earnings report for TransDigm Group (TDG). Shares have added about 14.8% in that time frame, outperforming the S&P 500.
A month has gone by since the last earnings report for HanesBrands (HBI). Shares have added about 2.9% in that time frame, underperforming the S&P 500.
It has been about a month since the last earnings report for Kinross Gold (KGC). Shares have added about 6.2% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for Grocery Outlet Holding Corp. (GO). Shares have added about 2.2% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for Electronic Arts (EA). Shares have added about 4.4% in that time frame, outperforming the S&P 500.