I don't see this at all. If anything, the market is depending on Japan starting QE in the near future
Doubt it. The general is pro gay fights and pro abortion. Trump isn't gonna go against the evangelicals or they'll pick Cruz at the convention.
Oil goes down - market goes up
Oil goes up - market goes up more
Japan goes down - market goes up
Japan goes up - market goes up more
Large caps miss earnings - market goes up
Large caps beat earnings - market goes up more
The markets still have a lot of catching up to do. We should be at 2400 now if you look at long term charts. Maybe in September.
Today is the day! US economy doing great, Fed not going to raise rates for another year or two (thanks, UK).
Well, money moving out of the EU (and UK) has to go somewhere, and it might as well be the US, which has a strong economy and a central bank that's willing to push up stock prices.
Depends. I think an official can lie to anybody, including Congress, if telling the truth would compromise national security or give aid and comfort to our enemies.
only 1300 near-the-money puts outstanding. I don't think that's enough to force the price to a specific strike.
Democrats create jobs, Republicans destroy them. I wish both of them would get the hell out of the way and let the free market decide.
I don't think people who've been long since $200 would appreciate a takeover offer for $30 or so right now.
There is a lot to like about the company, unfortunately it's going to be in bankruptcy before Q3 earnings. Best of luck to whoever gets Provenge next!
Thing is, they don't have two years, they have until the next earnings report. If they drop by half again, it's game over - you can't have $3B market cap and $30B in debt.
Well, nicox is up $10 million in market cap today. VRX lost $160 million in market cap yesterday, and regularly moves by half a billion per day. Little pieces of good news like this don't really matter in the grand scheme of things.