Oil prices post big rally, sending North American stocks soaring

February 12, 2016 4:57 PM0 comments
Oil prices post big rally, sending North American stocks soaring

A strong rebound in oil prices and an encouraging report on U.S. retail sales helped lift North American stock markets Friday. Financial and energy companies were among the biggest gainers on rare positive day for equities. Oil was up more than 11 per cent. The TSX composite index ended the […]

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Signs of global weakness of NASDAQ: CSCO and NYSE: NOK

11:48 AM0 comments
Signs of global weakness of NASDAQ: CSCO and NYSE: NOK

Two big technology companies this week provided more evidence that the global economy is slowing and possibly even headed toward a recession. Executives at Cisco Systems (CSCO) and Nokia (), as they reported their most recent quarterly results, both warned of a major slowdown in orders from their corporate customers […]

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Short interest in the energy sector hasn’t been this high in more than a decade

February 11, 2016 1:49 PM0 comments
Short interest in the energy sector hasn’t been this high in more than a decade

Just a couple of weeks ago, we pointed out that short interest in the S&P 1500 was at its highest level since June of 2012. Numbers are in for the second half of January, and the picture is only getting worse, with the energy sector playing a big role in the […]

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Stocks slammed; gold, oil move; overseas woes for Google, Facebook

1:18 PM0 comments
Stocks slammed; gold, oil move; overseas woes for Google, Facebook

Stocks (^DJI, ^GSPC, ^IXIC) getting pummeled on concerns about European financial firms and falling oil (OIL) prices.  To discuss that and some of the other big stories of the day are Yahoo Finance’s Alexis Christophorous, Yahoo Finance Columnist Rick Newman and Kevin Mahn, CIO, Hennion & Walsh Asset Management. Overseas woes for Google, Facebook […]

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Norway’s Biggest Bank Demands Cash Ban

January 24, 2016 2:51 PM0 comments
Norway’s Biggest Bank Demands Cash Ban

The war on cash is escalating faster than many had imagined. Having documented the growing calls from the elites and propagandist explanations of the “benefits” to their serfs over the last few years, with China, and The IMF entering the “cashless society” call most recently, International Business Times reports that […]

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Stocks tumble to start 2016 following China sell-off

January 4, 2016 3:59 PM0 comments
Stocks tumble to start 2016 following China sell-off

An overnight drop in stock prices in Asia and Europe provides a dismal backdrop for the first trading day of 2016. The Dow Jones futures were down 287 points at 17,054.0, the S&P 500 futures declined 32.4 points to 2,003.0 and the Nasdaq futures fell 89.0 points to 4,498.8 shortly […]

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