The recent trading action in the U.S. stock market suggests that stocks are in danger of pulling back sharply over the next few days ... Enter your name and email address in the form above to continue reading!
Twitter's Drop Illustrates the Danger of Investing in Story Stocks
Created on 06 February 2014
After rising sharply from the day that it went public on November 6, 2013 to yesterday’s close, Twitter (TWTR) got clobbered today, as investors and speculators sold the stock in droves in response to yesterday evening’s announcement from the company that its net loss widened to $645.3 million (or $3.41 per diluted share).
Friday's Employment Report to Determine Future Direction of Stocks
Created on 05 February 2014
Stock prices around the globe took a big hit over the past three weeks, with the Dow Jones Industrial Average falling 1,042 points (6.3%), Brazil’s Bovespa Index declining 6.3%, and Japan’s Nikkei Index dropping 11.0% from January 15 through today’s close.