Mike Driscoll, a former Wall Street equities trader turned Adelphi University professor, likens social media market commentary to anonymous chat rooms in the late 1990s, where people tried to "pump and dump" obscure, thinly traded stocks for a quick profit. Read More
Semiconductor stocks such as Intel, Texas Instruments, Xilinx, Analog Devices, and ON Semiconductor could see further upside, according to JPMorgan, which believes the PC market may be growing faster-than-expected. Read More
The main topic of discussion this morning was Mario Draghi's interview in the Financial Times, where he warned that any country trying to leave the euro zone would still face austerity measures and would be "in a much weaker position." He reiterated no increase in the current bond buying program, and no printing money. Read More