After Strong Start to 2012, IPO Market Sees Pullback, PwC SaysMarketWatch (press release)Morgan Stanley and Goldman make bullish cases as Facebook IPO … Including the $16 billion in proceeds from the Facebook IPO, total IPO proceeds raised in …U.S….
Tag Archive for Pullback
Latest Business Headlines
Manufacturing in New York Area Expands at Slower Pace – Bloomberg
by Newswires • • 0 Comments
Manufacturing in the New York region expanded in June at the slowest pace in seven months as orders and sales cooled. The Federal Reserve Bank of New York’s general economic index dropped to 2.3 this month, less than the lowest forecast of economists surveyed by Bloomberg News and down from 17.1 in May. Readings greater…
Professional Edition, Technical Trader
Problematic Premarket Pullback Puts Positive Prospects In Peril
by Newswires • • 0 Comments
From the premarket action this morning, it’s as if yesterday’s rally did not happen. A drop back below 1323 would be problematic for the bullish short term view. However, the market would need to recover only some of this overnight loss to keep the recent short term buy signals in force, and probably give confirmation…
Facebook News
Facebook ripple on IPO market already felt – Chicago Tribune
by Newswires • • 0 Comments
Facebook ripple on IPO market already feltChicago Tribune(Reuters) – The ripple effects of Facebook Inc's botched IPO appear to already be hitting the market for initial public offerings as two companies this week pushed back their market debuts. P…
Money Morning, Must Read
Gold Prices and the "Grexit" Effect
by Guest Editorial • • 0 Comments
Lately gold priceshave been affected by a strengthening dollar resulting from troubles overseas.
On Tuesday, Greek Prime Minister Lucas Papademos told Dow Jones Newswires that considerations were being made for a potential exit by Greece from the euro. He also warned that such an exit would be “catastrophic” for the country and that fallout across the entire Eurozone would be severe.
Latest Business Headlines
US factory orders decline – MarketWatch
by Newswires • • 0 Comments
Globe and MailUS factory orders declineMarketWatchBy Jeffry Bartash WASHINGTON (MarketWatch) – Orders for goods produced in US factories dropped 1.5% in March, the biggest decline in three years, the Commerce Department reported Wednesday. Economists s…
Gold and Mining Stocks Trader, Professional Edition
Gold In Normal Pullback As It Slowly Rounds The Bend
by Lee Adler • • 0 Comments
Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing trades. Indispensable daily information for gold and precious metals stocks traders.Click here to download complete report in pdf format (Professional Edition Subscribers). See the current full sized chart…
Professional Edition, Technical Trader
Pullback This Week, Next Week, or Never
by Lee Adler • • 0 Comments
A little changed market left little change in the indicators, so there’s not much to add to what I’ve already written umpteen times. I continue to look for hard evidence of a top, but always giving the benefit of the doubt to the trend in force. I still think that it’s reasonable to expect the…
Charts and Trading, Day Trading, Latest Business Headlines
2 Day Cycle Target of 1352-53 Hit On Open, Market Tries For More
by Lee Adler • • 3 Comments
SP futures (or ES electronic mini S&P) traded flat through most of the night, then went into rally mode at 7 AM NY time, topping out on release of the weekly unemployment claims, which beat expectations. The futures have since been walking sideways, just above the converged 2 and 5 day cycle centerlines, which are…
Charts and Trading, Day Trading, Latest Business Headlines
Market Indecisive In Early Going, So Where To Now?
by Lee Adler • • 0 Comments
Well this is different. The market opened slightly weak after the S&P futures had a tiny pullback in the pre market. The 2 day cycle oscillators on SPX cash had been on the sell side since mid day yesterday, and are now on the cusp of either continuing down from around the neutral zone, which…
