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US Stocks, Led By Broad Market Rally, Soared Yesterday
Wednesday, June 16, 2010 - 6:50am | 221US stocks finished deep in the black yesterday, as the markets gained strength, driven by the S&P 500 crossing its 200-day moving average. The euro also surged beyond $1.23, reflecting investor confidence in Europe's ability to resolve the sovereign debt crisis. The Dow Jones Industrial Average...
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Bearish Sentiment=Good Time To Buy (AEO)
Friday, June 11, 2010 - 3:10pm | 122Art Hogan, director of global equity products at Jeffries, thinks the options market is signaling an overall bearish sentiment in stocks. But, this is a good thing. Hogan says, "If you look at how expensive it is to buy protection right now, that signals that the bearish sentiment has increased...
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US Stocks Dipped Into Correction Yesterday On Worries Of Eurozone Stalling The Global Recovery
Friday, May 21, 2010 - 6:10am | 311US stocks plunged yesterday into the first correction of the bull market that started in March 2009, as worries of Europe's debt crisis weighed heavily on the market. The investors took their money out of the companies with high international exposure and did away with a range of assets, such as...
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Markets Concerned About The Euro
Saturday, May 15, 2010 - 3:29pm | 91Markets are worried about the euro’s slide. In an interview with CNBC, Art Hogan, global equity product director with Jefferies, gave his views. Hogan said, “We’re concerned a little bit about the commodity-currency relationship.” He stressed that investors are skeptical and are not willing to take...