Eric Dutram: Apparently, the minute before the Facebook (NASDAQ:FB) IPO was the high water mark for the broad social media industry, at least so far in 2012. After that horrendous opening session for the social media giant, the bottom appeared to fall out of the space Read more…
NASDAQ:SOCL
The rhetoric about investors not making a dime in the markets or the lost decade is starting to get old, as the S&P flirts with 1400. Bill Gross and Roubini keep making their rounds about how the equity markets are dead, which is not very constructive for those Read more…
NYSE:SPY
ETF Base: What’s wrong with tech stocks? With the exception of notable and attention-grabbing companies like Facebook (NASDAQ:FB), Zynga (NASDAQ:ZNGA) and others in the Social Media ETF space, the technology sector is very reasonably valued. Read more…
NYSE:IXN, NYSE:IYW
Italian short term yields continue to rise and Spain hasn’t been pretty, but stocks rose in Europe and Asia for the first time in five days. There is some speculation that China will inject stimulus in Europe, and some diminished hopes that Read more…
NYSE:SPY
PMI data overnight continues to confirm the thesis that economic growth is slowing around the world. As everyone starts to talk and clamor about it, something usually Read more…
NYSE:GLD, NYSE:RTH, NYSE:SPY, OIH
Although I wasn’t high on Facebook’s IPO last week, I do think there’s some potential in the company down the road. I just don’t feel comfortable buying shares right now. It’s all about the price, and Facebook (NASDAQ:FB) has a lot of Read more…
NASDAQ:SOCL
Futures were all over the map last night as markets are trying to figure out if the European Summit went well. Will they “print, print, print”? Will Greece leave the Union? Will Spain’s banks fall apart with Italy waiting in the wings? How much will the Read more…
NYSE:GLD
Stocks are set for a down open Wednesday after bleeding lower yesterday afternoon. The strong ISM number gave the market a big boost in the morning, but stocks could not hold those gains and are back at yesterday’s low pre Read more…
NYSE:GLD, NYSE:SPY
US stock futures point to a higher open Tuesday, looking to bounce back from yesterday’s break of the mini-uptrend line started on April 10. Worries over the European sovereign debt crisis are ramping back up as borrowing costs in Read more…
NYSE:SPY
Eric Dutram: As the economy starts to improve, the IPO market has become increasingly popular among a variety of investors. Many of these newly public companies are either in the tech or social media space, giving investors access to firms that are in one of the few high growth areas in the developed world. Read more…
NASDAQ:SOCL, NYSE:EIPL, NYSE:EIPO, NYSE:FPX
Welcome to the second quarter! Futures are basically flat this morning as this new three-month stretch commences. As I enter this quarter, I do it with my foot off the throttle. Those in cruise control riding the recent uptrend have been rewarded. Right now Read more…
NYSE:GLD, NYSE:SLV
An Increase in the Firewall in the Euro zone boosted some foreign markets and snapped their three day losing streak. After three down days since the Tuesday reversal into some key moving averages, the markets regrouped and closed strong Read more…
NYSE:SLV, NYSE:SPY
We are now going on day three of the slide that started Tuesday afternoon. After a big move from the December 20th Gap and Go selling some longs into the end of the first quarter#1 made sense. There is always a re-shuffle that goes on from Qtr. to Qtr. so Read more…
NYSE:RTH, NYSE:SPY
S&P futures are down about 8-10 handles Thursday morning after more weak news out of China fuels more concerns for slower growth in the region. This time it was China Manufacturing Data providing the damper. There was also some concerning news out of Read more…
NYSE:GLD, NYSE:SPY, NYSE:TBT, QQQ, QQQQ
European stocks rose early in their session, but have retreated a bit this morning. They were set for their first rise three days, but it appears persistent fears about the China growth are weighing on the market. US stock futures are weakening late Read more…
NYSE:SPY, NYSE:TBT
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