The market is looking increasingly ugly.
Stocks are a lot like a body of water. Anyone can see where the surface level is… but what’s occurring underneath is much more difficult to observe.
Well, today the “surface” stock level looks great: the S&P 500 is a mere 1.9% off its all-time record high. The world has gone stock crazy with retail investors POURING money into the markets like it’s 1999 all over again.
Good morning, dear reader! After Monday's smart rally, the domestic equity market should start from where it had left, if one were to go by the Nifty50 futures on the Singapore Stock Exchange. Wall Street ended flat in overnight trade, but Asian markets are surging this morning. Here is your daily dose of all the big and small events - including Apple's new iPhone launch -from around the world that may have changed your market while you were sleeping. Read on!
This post Buy Small-Cap Stocks to Avoid the “Rotating Blades of Death” appeared first on Daily Reckoning.
Fish yourself a Dow stock out of the earnings pond.
Go ahead—grab your rod and reel one in.
Now ask yourself this question: Will it blend?
In an interview to Baiju Kalesh and Sanam Mirchandani, Ajay Saraf, executive director at ICICI Securities, said financials, consumer, logistics, healthcare, technology and media companies are likely to dominate the IPO market this year. Edited Excerpts: Your view on the Budget? We believe the Budget has given a boost to the markets.