They stumble around, they smell bad and they probably shouldn’t be operating a vehicle. No, we’re not talking about zombies. We mean drunk people. To welcome back “The Walking Dead” for Season 5, YouTube’s Marca Blanca put together a recut of the show’s intro with a bunch of inebriated folks replacing …
The Name Of Google’s New Text-Messaging Is Really Going To Annoy Facebook
Google is introducing a text-messaging app called “Messenger” with the launch of Android 5.0 Lollipop, the new version of its mobile operating system. That, obviously, will be confusing because it has the same name as Facebook’s existing messaging app, Messenger. Do not expect folks at Facebook to jump for joy …
Gas Prices Falling – Alton Daily News
Alton Daily NewsGas Prices FallingAlton Daily NewsGas prices in the Riverbend and Metro East are as low as they've been for the first time in almost four years. Prices dropped to below $3 per gallon for regular unleaded earlier this week and have held there for a few days. …
Loonie, oil prices could fall much further: Don Pittis
Oil prices are falling and, if history repeats itself, there’s no reason they can’t fall much further yet. If that happens, the impact on your life will be much more significant than saving a few dollars filling up your gas tank.
When will companies stop hoarding cash?
The fuel for the next leg of the economic recovery is literally sitting in the bank.
GM sides with U.S. wireless carriers in net neutrality fight
General Motors has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to wirelessly connected cars. In a letter to a Federal Communications Commission official reviewed by Reuters on Wednesday, Harry Lightsey III, executive director of …
S&P 500 Higher or Lower from Here?
The market fell hard this week, leaving the S&P 500 just one point above its 200-day moving average. The Nasdaq and Dow weren’t so lucky — failing to hold above their 200-days into the close today. So which way will the market head from here? Please take part in our Bespoke …
What A Week It Was
To further summarize the volatile week we just had, below is a look at the recent performance of various asset classes using our key ETF matrix, which covers US equity strategies and sectors, currencies, country ETFs, commodities, and fixed income. As shown, declines of 3-5{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} were seen across the board …
Bulls Still in the Majority
If you were looking for a spike in bearish sentiment following the brutal action in stocks last week, you didn’t get it. As shown below, bulls remained in the majority in our weekend Bespoke Market Poll, coming in at 54{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} versus bearish sentiment of 46{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}:
Highest Percentage of Oversold Stocks in a Year
Below is a look at the percentage of overbought versus oversold stocks in the S&P 500 over the last year. As shown, 63{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of stocks in the index enter today in oversold territory, which is the highest reading we’ve seen in a year. Just 10{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of S&P 500 stocks are …
European Default Risk
European equity markets have gotten absolutely slaughtered recently. Interestingly, though, sovereign default risk for some of the countries that have seen their stocks fall hardest hasn’t ticked higher. Below are price charts for the major equity indices of France (CAC), Germany (DAX), Italy (FTSE MIB) and Spain (IBEX 35). Below …
S&P 500 Sector Trading Range Charts
The S&P 500 closed yesterday at nearly 3 standard deviations below its 50-day moving average. The late-day selloff that we saw was extreme to say the least. As shown below, the index has now clearly broken its uptrend channel, so the bulls certainly have work to do. That being said, …
Prices at the Pump Keep Dropping
The national average price of gasoline has been in a practical free fall for nearly four months now and hasn’t had a single up day since late September. According to AAA, the national average price of a gallon of gas currently stands at $3.186, which is the lowest level since 11/11/13. …
Energy Sector Crashes
The S&P 500 Energy sector makes up about 10{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of the entire S&P 500. The sector rallied 23{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} from late February through June 23rd, and it was one of the top performing sectors in 2014 at that point. But things have turned ugly for Energy lately. Real ugly. Since it’s all-…
Weakest Empire Manufacturing Report Since April
Manufacturing activity in the New York area has seen a notable slowdown in the month of October as the NY Fed’s Empire Manufacturing survey came in significantly weaker than expected — falling to its lowest level since April. While economists were expecting the headline General Business Conditions Index to fall to 20.25 …
52-Week Lows in the Energy Sector Exceed 40{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}
No sector of the market has been harder hit in the last several days than the Energy sector, and with its decline, the list of new 52-week lows has been steadily expanding. In Wednesday’s trading, 42{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of the stocks in the S&P 500 Energy sector hit 52-week lows. As shown …
IRS Cuts: Good News for Deadbeats?
The IRS commissioner warned Congress that cuts to funding could hurt services and enforcement.
IRS Kicks Off Tax Return Season
The clock is ticking toward the April 17 deadline, as the IRS begins taking e-filed returns today.