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
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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
By Sinead Carew NEW YORK (Reuters) – Wall Street stocks fell slightly on the last trading day of February as weak U.S. growth data made investors cautious, while European shares broke multi-year records ahead of the European Central Bank’s injection next month of 60 billion euros to spur growth. The FTSEurofirst 300 index of top Read More
Investors should start shedding some rallying stocks as U.S. markets linger near highs, CNBC’s “Fast Money” traders said. U.S. stocks were mixed on Thursday, but the Dow (Dow Jones Global Indexes: .DJI) closed at a record on Wednesday and the Nasdaq (NASDAQ: .IXIC) is threatening to break 5,000 for the first time in 15 years. Read More
The Nasdaq composite (NASDAQ: .IXIC) is ticking ever closer to 5,000, a level it has not breached since the heady days of March 2000. But it may have to take a breather before it gets there, according to Chicago-based trader Jim Iuorio of TJM Institutional Services. “Many times we make a run for these big, Read More