|Day Low/High||63.36 / 64.53|
|52 Wk Low/High||33.00 / 72.22|
"I love the smell of napalm in the morning." -- Lt. Col. Bill Gilgore, Apocalypse Now This morning's observations and views: Worrisome fundamentals and technicals. Global economic growth is eroding and the U.S. stock market's leadership is narrowin...
Metals prices stink, so use any earnings-related rallies to get out.
Will supply vanish after the Nasdaq futures' move?
British bank HSBC, (HSBC) in a major revamping of its global strategy, said on Tuesday that it would shed as many as 50,000 jobs as it sells several underperforming businesses.
Such a break would signal an all-clear for more aggressive trading.
Most of the correction from their cyclical peaks is over.
Particularly noticeable has been the heavier volume on down days.
The fluffed-up market caps of GoPro and Mobileye offer insight.
Even at current levels the S&P 500 is trading at 16 times 2014 expectations.