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Though some analysts claim the housing market is rebounding, others caution that there are still severe headwinds that could affect home improvement retailers.
If Ryan had seemed to be timing the market particularly well, it then might be fair to suspect that he was employing some kind of edge to derive abnormal returns. But as far as I can tell, that doesn’t seem to be the case at all. In fact, he seems pretty poor at market-timing.
A recent gathering in Maine at the invitation of David Kotok of Cumberland Advisors, over 30 financial experts shared their views about the near term economy, writes William Dunkelberg, Economics Professor at Temple University.
Retail surprises on the upside. Futures jumped a couple points pre-open as July retail sales up 0.8 percent was far better than expected. Several retailers reported, and there is one standout: Michael Kors is on fire.
Groupon falls to new lows after revenue falls short of estimates; a casino mogul faces inquiries regarding his China dealings and the Redbox founder leaves Coinstar.
The NYMEX oil market is attractive for traders. The primary danger for trading this market is the volatility of price retreats from resistance levels. .
Although Wednesday’s Facebook lock-up expiration might tempt shareholders to sell their shares, one analyst thinks the next major expiration in November will spur the real selloff.
Groupon is joining the ranks of the companies blaming Europe for its shortfalls. But with the stock falling as much as 20 percent after-hours, what investors are focused on is the company’s slowing growth.
The Consumer Financial Protection Bureau proposed new rules for mortgage servicers designed to protect borrowers and get them faster, more effective and informative service.
"This makes it unlikely that Romney can win Florida because of the anxiety over Medicare," one pro said. "If Romney can't win Florida, he can't win the presidency."
Is Groupon’ s stock as good a deal as the coupons it offers on its site? That depends on how the company address investor concerns about slowing growth, the long-term potential of the deal-a-day business, and new revenue streams from the likes of Groupon Goods.
Acting without any explicit Congressional authority, the U.S. Treasury guaranteed in excess of $2.4 trillion of money market funds after the giant Reserve Primary Fund "broke the buck" following the bankruptcy of Lehman Brothers. (Updated with Treasury response.)
Half a year into J.C. Penney’s strategy to transform its retail experience for shoppers, one analyst expressed doubt that the company’s same-store sales declines have stabilized.