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Market Update | May 13, 2016
Strong retail sales data boosts sentiment, stocks. A headline beat and strength in the underlying retail sales figures released this morning helped lift stocks off early lows.
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Should You Fear Friday the 13th? | May 12, 2016
Tomorrow is Friday the 13th, so what does this mean? Well, if you have triskaidekaphobia then this isn’t your day, as that is a fear of the number 13.
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Market Update | May 12, 2016
Strength in WTI crude oil, which hit a new 2016 high this morning after an official report projected tightening supplies, is helping U.S. equities rise and European stocks stage a midday turnaround.
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Puerto Rico Outlook Remains Grim | May 11, 2016
The GDB became the third Puerto Rico issuer (out of a total of 17) to default, and the news was largely expected given the longstanding financial distress.
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Market Update | May 11, 2016
U.S. equities are trading lower this morning as traders mull over disappointing earnings from Dow component Disney, which missed estimates for the first time in five years.
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The Past Two Times This Happened Led to Bear Markets…Will It Again? | May 10, 2016
An ominous technical formation took place last week, and it had social media in an uproar as a result over the past few days.