Bill Gross on Monday said the Nasdaq (^IXIC) hitting 5,000 represents “a little bit of a bubble” in some technology stocks, including those that are up 10 percent and 15 percent year to date. The Janus Capital (JNS) fund manager and Pimco founder added that negative yields promote bubbles and, to some extent, distort capitalism. Read More
Author: Nasdaq Futures
After a 15-year wait, Nasdaq (^IXIC) 5,000 is finally official. Although the composite still has a few points to go before reaching its previous record of 5,048 the foundation is in place for more upward momentum, says longtime trader Jon Najarian, co-founder of OptionMonster and a Yahoo Contributor. “I like the market here, I don’t Read More
Back to the future! The Nasdaq Composite Index (^IXIC) just crossed 5,000. Other stock market yardsticks like the Dow Jones Industrial Average (DIA) and S&P 500 (VOO) sit atop multi-year highs too. Everything that is old and worn out is suddenly new and exciting. (See skinny jeans and venture capital.) All of us are 15 Read More
The Nasdaq (^IXIC) did it! The tech-heavy index has hit 5000 again, 15 years after it first passed the milestone. It remains to be seen whether or not it will close above the key level today. Regardless, we wanted to know just what got us here after fifteen years of churning higher. “This is all Read More
By Sinead Carew NEW YORK (Reuters) – U.S. stocks advanced on Monday, with the Nasdaq nudging above the 5,000 mark for the first time in 15 years, as a round of mixed data pointed to a slowly accelerating economy. The Nasdaq composite index <.IXIC> oscillated around the milestone after hitting it for the first time Read More
If March comes in like a lion then where the hell is my roar? Futures are flattish after a weak close to February on Friday. Here’s what you need to know as we head into March: #1 Stocks still closed higher for the week and had their best month since October 2011. For the record Read More
The S&P 500 cash (^GSPC:SNP) fell off on Friday but still closed out February with the largest monthly gain since October 2011. After a rough start to the year, February’s big push to new highs again showed how it takes bad news and turns it into good. On the last trading day of the Read More
Stocks traded lower on Friday, but, in Jim Cramer’s opinion, this wasn’t necessarily a bad thing. What doesn’t kill the market makes it stronger. He enjoyed the breather to rest up, especially since he suspects that the market will go higher next week. “The move I’m watching for is the takeout Read More
Stocks struggling to end the month on a high notes today after shrugging off a GDP number that, while positive (2.2%), came in below analyst expectations. For those keeping score at home, the Nasdaq (^IXIC) remains about 20 points from 5000. February Consumer Confidence came in above expectations but below the January number which was Read More
With the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) hovering at all-time highs and the Nasdaq (^IXIC) ready to join the party, it’s not a bad time to take a deep dive into some of the stocks that may be poised to fall. Brad Lamensdorf, CIO, of The Lamensdorf Market Timing Report, Read More