Author Archive

  • Morning News: December 18, 2014
    , December 18th, 2014 at 7:22 am

    Putin Strikes Uncompromising Stance Over Crisis Gripping Russia Draghi Counts Cost of Outflanking ECB’s Home Nation in QE German Business More Bullish As Euro Weakens […]

  • Oracle Earns 69 Cents per Share
    , December 17th, 2014 at 11:57 pm

    After the closing bell, Oracle ($ORCL) reported fiscal Q2 earnings of 69 cents per share. That was a penny better than the Street. The shares […]

  • S&P 500’s Best Day since October 2013
    , December 17th, 2014 at 9:26 pm

    Thanks to the Fed’s announcement, today was the stock market’s best day in 14 months. The S&P 500 gained 2.04% for its biggest surge since […]

  • Today’s Fed Statement
    , December 17th, 2014 at 2:01 pm

    In today’s Fed policy statement, the FOMC removed the words “considerable time” in referring to how long it will take to raise interest rates. The […]

  • Big Rebound for Energy
    , December 17th, 2014 at 1:03 pm

    It’s too early to call this a trend, but energy is bouncing back today. The S&P 500 is currently up 21 points, or 1.08%. The […]

  • Stocks Rally Ahead of the Fed
    , December 17th, 2014 at 10:15 am

    The stock market did a big about-face yesterday. Stocks opened lower, then rallied, then gave it all back. On Tuesday, the S&P 500 closed at […]

  • Deflation in November
    , December 17th, 2014 at 9:08 am

    This morning, the government reported that consumer prices fell 0.3% last month. The reason, of course, is the big plunge in energy prices. The core […]

  • Morning News: December 17, 2014
    , December 17th, 2014 at 6:54 am

    Irish Lawmakers Open Probe Into Banking Crisis Slowdown in China Bruises Economy in Latin America Why Russia Is Destroying Its Own Economy Gold Trades Above […]

  • Express Scripts Reaffirms 2014 Guidance
    , December 16th, 2014 at 9:30 am

    Express Scripts ($ESRX) just released a statement saying their CFO Cathy R. Smith will be leaving soon. The company also reaffirmed their guidance for 2014. […]

  • The Ruble Crashes
    , December 16th, 2014 at 8:51 am

    Despite the Russian Fed’s dramatic rate increase, the ruble’s fall continues. The Russian currency dropped another 20% today. That’s on top of the huge fall […]