Forums: Stocks

Godzilla Will Come Out Of Tokyo Bay Before Japan Economy And Stock Market Rebounds Economics / Japan Economy Feb 02, 2012 - 10:55 AM By: Money Morning Keith Fitz-Gerald writes: Let's talk Japan. Every year some analyst comes out with a variation of the story that Japan is about to rebound. Usually the argument goes something like this: Japanese markets are impossibly cheap and the central bank will be there to prevent a catastrophe. Or sometimes there is another variation of the Cinderella story. Either way, don't hold your breath. Japan posted its first trade deficit since 1980 last year...

China's Manufacturing Index Signals Contraction, But Markets Miraculously Maintain Gains Sam Ro Jan. 19, 2012, 11:18 PM China's HSBC Flash Purchasing Manager's Index climbed to 48.8 in January, up from 48.7 in December. This is a preliminary reading on Chinese manufacturing activity, ahead of the official PMI number. A reading below 50 signals contraction. Signs that China might be slowing have been met with mixed emotions from traders. On one hand, weak data may encourage easier monetary policy, which in a sense is bullish. Then again, bad data is still bad data. Tonight, markets are showing a mixed response to...

BOOM: Markets Are Off To A Dynamite Start In 2012 Joe Weisenthal Jan. 2, 2012, 5:56 PM Image: wikimedia commons US markets start the year tomorrow, but Europe wasn't bothered by the fact that New Year's Day fell on a Sunday, thus depriving the people of a proper day off. So the trading began today. The big gainer? Germany's DAX index, which gained over 3%. A strong German manufacturing number helped out. Also, manufacturing data out of India and China also helped. On the debt side of things, the Italian 10-year moved below 7% again, which is nice. Short-term rates...

ANALYST: The Stock Market Is About To Crash Henry Blodget Dec. 28, 2011, 7:53 AM This time, says Zimmerman, it will be worse. Most of the folks who were dead wrong for years after the market low in March 2009 (see chart at right) have quietly given up, but at least one analyst is still calling for stocks to crash through those financial-crisis lows. United-ICAP senior technical analyst Walter Zimmerman thinks the S&P 500 will nose a bit higher in the early part of 2012 and then drop about 60% to 579.57, Tomi Kilgore of the WSJ reports. (That's 579.57--not...

NEW YORK (CNNMoney) -- U.S. stocks fell sharply Monday as investors remain concerned about the debt crisis in Europe and its potential impact on the global banking system. The Dow Jones industrial average (INDU) was down 114 points, or 1%, in afternoon trading. The S&P 500 (SPX) sank 14 points, or 1.1%. The Nasdaq (COMP) slid 31 points, or 1.2%. Stocks opened higher but the gains faded as the banking sector dragged down the broader market. Bank of America (BAC, Fortune 500) fell below $5 per share, lowest level since the worst of the financial crisis in March 2009. Citigroup...

RIYADH (Zawya Dow Jones) -- Saudi Prince Alwaleed bin Talal and his Kingdom Holding Co. Monday announced their purchase of a $300 million stake in Twitter, calling it a strategic investment in a company they said is remaking the media landscape. The Twitter purchase represents the prince's drive "to invest in promising, high-growth businesses with a global impact," an emailed statement from Kingdom Holding quoted the Saudi prince as saying. Prince Alwaleed, rated by Arabian Business magazine as the Arab world's richest man, with more than $21 billion in wealth in 2011, had been cited in news reports since October...

POLSON — It’s a highly specialized business, carving rifle and shotgun stocks out of blocks of walnut and maple and then custom-fitting them to each gun and gun owner. Kelly Clairmont said there are maybe 100 people in the United States who do it for a living. “And four of them are right here in Polson,” he said. And all four of them got their starts with Bob James, a longtime custom stock maker in Polson. The others eventually formed their own company, S&S Plus, while Clairmont in 2009 bought out James’ business, which is now called Montana Custom Guns,...

South Korea's Stock Market Is Plunging On The Kim Jong Il Death News Joe Weisenthal Dec. 18, 2011, 10:32 PM On news that North Korean dictator Kim Jong Il has died, South Korea's KOSPI index is plunging. It's currently off over 4%. If you want to know why markets would dive. Nate Silver just put it pretty well on twitter: It's because this guy is now in charge of the country's nuclear arsenal.

Richard Russell Explains The Technical Indicators That Make Him Bearish As Hell Gus Lubin Dec. 17, 2011, 6:42 AM Earlier this week Richard Russell told his subscribers to GET OUT OF STOCKS. He provides more detail on his bearishness today (via King World News): As subscribers must know, I'm not fascinated with the news, but I am fascinated with the markets and what they may be telling us. Among dozens of services, I follow two purely technical, market-oriented advisories -- Granville and Lowry's. I've followed these two since the early 1960s. Granville is now dead bearish based on his brilliant...

NEW YORK (CNNMoney) -- U.S. stocks tumbled in a broad sell-off Monday amid growing investor doubt that Europe's debt crisis will actually be resolved, and a sales warning from chipmaker Intel. The Dow Jones industrial average (INDU) slid 228 points, or 1.9%, the S&P 500 (SPX) lost 26 points, or 2.1%, and the Nasdaq (COMP) dropped 49 points, or 1.9%. Monday's sharp retreat followed Friday's rally, fueled by a deal for a new intergovernmental treaty reached by European leaders to create fiscal unity and resolve the long-running debt crisis. The plan is expected to be finalized by March, but a...