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Yo-yo market: Stocks every which way but up as Fed reports

WASHINGTON, October 29, 2014 – It’s trick-or-treat time on Wall Street today, albeit just a tad early in the week. After opening nicely up nicely in a follow-through to Tuesday’s rally, traders changed their minds this afternoon after the Fed definitively—more or less—finally put a stake through the heart of QE. It’s like the Day ...

Putin purportedly climbs down, stocks set to soar

WASHINGTON, March 4, 2014 − It was gloom and doom on Wall Street yesterday with Russian President Vladimir Putin in full U.S.S.R/KGB mode. Led by headline-driven machine trading, markets plunged as HTFs, algos and permabears predicted the imminent demise of the U.S. and the Western world. But today, Putin seems to have climbed down from ...

‘Waiting for Godot’ time again on Wall Street

We sold our gold ETF this morning (IAU) with some regret, but the charts are looking lousy all around. With our Schwab IPO calendar rounding 31 days after the disaster, we unloaded our shares in LifeLock (LOCK) as well.

Wall Street still ‘Waiting for Godot’

Bill Murray’s “Groundhog Day” motif has seemed appropriate, with each trading day seemingly repeating the previous down almost to the last measure of detail.