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bull market

Amazon Prime Day fiasco, Netflix new subscriber tally fail.

Amazon Prime Day less than amazing; ditto Netflix new subscriber tally

Online shoppers hit Amazon’s Amazon Prime Day promotion hard. The stampede caused the company's retail website to experience serious connectivity issues Monday. Also on Monday, Netflix reported great profit numbers after the closing bell. But the Netflix new subscriber tally disappointed Wall Street. Badly.

Bear market ahead? DJIA plunges 400 points, most sectors hit hard

Investors are already experiencing the kind of bear market nervousness they thought they'd left behind. The biggest villain in today’s Dow drop: High-fling UnitedHealth Group (symbol: UNH), off a painful $9.98 per share, with shares currently trading at $237 and change.

Dow up big time as Yellen market rally continues Wednesday

WASHINGTON, March 30, 2016 – After a negative open on Tuesday, markets got back on the upswing with remarks from Fed Chair Janet Yellen that were clearly designed to reverse the bad cheer spread last week by inflation hawk James Bullard, President of the St. Louis Fed. The fun continues in Wednesday morning trading action, ...

Oil catches a huge bid, stocks march in lock-step

WASHINGTON, Feb. 22, 2016 – Brief column today, as we have much to do away from our computer screen. That said, however, Wall Street is enjoying another strong relief rally today with all major averages up well over 1 percent in fairly active, bullish trading. What’s making a difference this Monday? Simple: The linkage of ...

‘Recovery Tuesday’ fading early on Wall Street (UPDATED)

WASHINGTON, Aug, 25, 2015 – Battered traders felt like singing that old song, “What a Difference a Day Makes” Tuesday morning. Stocks of all shapes and sizes surged out the starting gate in a massive up-move. Averages briefly came close to getting back much of what was lost in Monday’s market bloodbath. But now it’s ...

Friday trading action: Stocks are like a backyard trampoline

WASHINGTON, May 8, 2015 – After nearly a solid week of brutal punishment in all investment sectors, bulls caught a break Friday, absolutely thrilled by this morning’s April jobs report. The Feds show the economy created some 223,000 jobs in April, reversing the first-quarter new jobs anemia, attributed by the zombie-like cadre of financial hacks ...

Quadruple witching inspires irrational exuberance in Friday stocks

WASHINGTON, March 20, 2015 – As snow swirls outside the Maven’s home office in a Virginia suburb of D.C., we find it hard to believe that today is the first day of spring. But up in the Big Apple, they’re partying hearty today, perhaps because bulls finally feel like it’s springtime for Wall Street. As ...

GDP, Fed flood inundates Wall Street. Bull market to end?

SANTA FE, N.M., July 30, 2014 – Flooding was big news yesterday in the otherwise-parched American West, swamping among other places parts of New Mexico’s Sandoval County as surprisingly large summer monsoons continue to wash through this desert state where the Maven is staying this week to review the Santa Fe Opera’s current season. More ...