It normally takes anywhere from two to four minutes for the market to respond to news it wasn't expecting, and the response in the automatic selloff reaction certainly fits within that typical window of time. That stands in contrast to how the noise event began however, as stock prices responded almost instantly to the false news report, which almost gives the impression that traders were expecting the news.
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Economists who have staked their reputations on the efficacy of Keynesian growth strategies have argued that such changes will more accurately reflect the realities of our 21st century information economy. But their analysis ignores the failures so often associated with R&D and artistic productions.
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We recommended a “buy” on V.F. Corp. on February 15. The stock is up $16 since then. Growth stock investors and growth & income investors should jump in here.
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Apple’s most significant positive attribute is that all of their real value resides in their non-taxable overseas cash accounts. If they relocate this money back to the U.S., they will be taxed — making this a very foolish idea.
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Rapidly growing sports apparel company Under Armour Incorporated reported first quarter sales up 23%, slightly above Wall Street expectations. Net income decreased 47% due to planned marketing expenditures.
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Anticipating the future is very difficult, and investors are always guessing and always updating their guesses, but almost never getting their forecasts of the future exactly right. Investors tend to anticipate future changes in GDP growth, but inexactly.
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To understand the sheer magnitude of this opportunity, let's put that figure in context. The U.S. Dept. of Energy estimates that there are 23.9 billion barrels of recoverable shale oil in the lower-48 states. That means the Monterey Shale by itself holds nearly two-thirds of the total.
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Morgan Stanley beat Wall Street’s revenue and earnings estimates for the first quarter. As with other large banks reporting this week, Morgan Stanley reported weak fixed income revenue and strong equity revenue.
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In 1965, Yale and Princeton raised their tuition, making them the most expensive Ivy League schools at the time. The hefty price tag? Just $1950 a year.
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Peace and prosperity- relics of the 20th Century- are way over-rated when you got gobs and gobs of cash created by the central banks worldwide.
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Cirrus shares tripled in value in 2012, from $16 to $45, then began a freefall in September. The stock has not yet formed a base, and has lost almost its entire 2012 gains.
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U.S. Bancorp’s chart is neutral, recently trading in a tight range between $33 and $34.50. The stock has fallen below support today, and investors should be cautious.
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I still think falling gold is a good thing. And whatever the short-term turbulence, a more subdued price for gold (and commodities) bodes well for the future economy.
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Sprint shares crashed with the 2008 Financial Meltdown, and have never recovered. The company has been taking losses for years, and is projected to continue losing money for the next two years.
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It is not a difficult stretch of the imagination to envision Portugal, Spain, Italy, and Greece, among others, finding themselves in the very same dilemma as Cyprus when it comes to being forced to sell gold.
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Marc Faber loves that gold is finally breaking down. The reason is not to gloat, or a prediction. Rather "gold will offer an excellent buying opportunity".
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The "sell signal" provided by our power-law, regression and statistical analysis-based method would be found by taking a given trading day's projected value for trailing year dividends per share and plugging it into the power-law formula we've indicated on the chart, then subtracting that result by three times the standard deviation for the current trend that we've also indicated on the chart. Phfew.
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Should you wish to take a chance and put a real risk premium on your bond buying, go Italian and get 4.28% for a 10-year — a much greater yield than current U.S. paper.
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Alcoa Inc., the largest U.S. aluminum producer, beat Wall Street estimates today with their first quarter earnings. Analysts expected 8 cents per share, and Alcoa delivered 11 cents per share, excluding one-time gains.
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"I do think at a certain point you've made enough money," he told a Quincy, Illinois audience. It was only "fair," Obama continued to argue, that government should confiscate the rest by raising taxes.
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