US News

Markets have kicked off the week on a negative note. All the major US indices seem to have taken a clue from the global markets and are trading down. The main reason is the bleak growth outlook and weak economic conditions.

Markets are looking in buoyant mood and poised to end a fruitful week on a positive note. However, the mood in transportation sector seems to be gloomy. The sector index is down and it is not surprising since recently industry leaders like FedEx (NYSE:FDX) and UPS (NYSE:UPS) chose to slash their forecasts.

Transportation sector is one of the most telling indicators of a country’s economic health. And if we follow the latest news coming from this sector, then the things do not look particularly bright for the economy.

Thanks to a couple of positive global cues, the market is trending marginally high. However, today, I am going to take a look at the laggards of the market. Even in the green market, there are stocks hitting their nadir.

The mania continues for the big 3 U.S. new economy plays. This is the latest on the price action: Apple: Apple (NASDAQ:AAPL) shares have been in a rising trend channel on their daily chart since November, with the floor of the channel currently running through around the $655 level just above the 50 day moving […]

U.S. equity market is struggling for direction in trading today as investors remain on the sidelines after last week’s rally, which was sparked by the launch of QE3.

Apple’s (NASDAQ:AAPL) iPhone 5 won’t make its retail debut until September 21st, but its pre-orders have already surged their share price to record levels.  As news unfolded that yesterday’s orders had surpassed 2 million units, Apple’s stock soared briefly over the $700 mark for the first time in the company’s history, settling in at $699.78 […]

Markets are currently trading now and seem range-bound, but there is plenty of action on individual stock level. Bucking the general market trend, there are some stocks gaining strength and touching their 52 weeks high price level.

I tried to get a fatwa levelled against ADVFN CEO Clem Chambers with an early post on my ADVFN blog. That failed. And so I must try to take him to task for his assertion that Ben Bernanke of the Federal Reserve has done us a favour by signing up for QE3, QE4  and QE ad infinitum. He […]

Much against the run of play my portfolio is now up over 26% so far this year. Since I didn’t start rebuilding before October I’m happy to take 25% as this year’s profit, which of course is extremely good. However, this is what I get year in and out. The cycle of the years tends […]