S&P 500 Could Be at 2,000 Sooner Than You Think

Craig Johnson of Piper Jaffray has some bad news for the bears. In the attached clip the technical analyst says the SP 500 (^GSPC) is going to hit his long-time target of 2,000 and it’s going to happen sooner than most people think. Johnson is well aware of the fact that a lot of the […]

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Yellen says Fed has ‘more work to do’ to aid recovery

By Alister Bull WASHINGTON (Reuters) – Janet Yellen, President Barack Obama’s nominee to lead the Federal Reserve, thinks the U.S. central bank has “more work to do” to help an economy and a labor market that are still underperforming. “I believe that supporting the recovery today is the surest path to returning to a more […]

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Main Street Is Much Smarter Than Wall Street Thinks

No place on earth is more devoted to visible conformity and avowed contrariansim than Wall Street. There are hundreds of books on contrarian investing and almost none on conformity, or the simple process of trying to sell things to the greater fool. The most effective strategy for mass marketing a financial product is to claim […]

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Invest in Twitter? Don’t Even Think About It: Blodget

The Twittersphere is abuzz about, well, Twitter. The company debuted on the New York Stock Exchange yesterday in what was arguably the biggest IPO of 2013. Twitter (TWTR) surged in its first day of trading, closing at $44.90 a share, up 73% from its initial price of $26 per share. The stock was down nearly […]

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Is This the Twitter Top? Social Networking IPO Soars, Dow Slumps

By Phil Pearlman Twitter soared in its debut Wednesday, but the bears won the day – handily. The Dow lost 153 points or nearly 1% and the SP 500 fell 1.32% to close at 1,747. The small-cap Russell 2000 was worse, falling 1.7% to 1,080 and the Nasdaq Composite was worse still, falling 1.9% to […]

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Twitter’s IPO Likely Not a Good Bet for Retail Investors

By Aaron Pressman An iconic company in a fast-growing market is going public and the general public is invited, even encouraged, to invest. That’s the storyline for Twitter’s initial public stock offering this week — but it’s hardly original. And, historically, it generally doesn’t work out so well for individual investors who hope to get […]

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Asian shares eke out gains, dollar holds firm

By Wayne Cole SYDNEY (Reuters) – Asian markets started the week on a sluggish note on Monday as investors chose discretion over valor ahead of central bank meetings in Europe and the always-critical U.S. payrolls report. Trading was thinned by holidays in both Japan and Singapore which kept MSCI’s broadest index of Asia-Pacific shares outside […]

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Facebook Exposes Twitter’s Teen Trouble Ahead of IPO

Facebook’s (FB) earnings report sent shares on a wild ride last night after the company beat on the top and bottom line but cautioned that use among young teens was flat or possibly negative during the quarter. Potential investors in Twitter’s IPO (TWTR) should be forced to look at the 15% after-hours drop in shares […]

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Fed Maintains Strong Stimulus as U.S. Growth Stumbles

By Alister Bull and Pedro da Costa WASHINGTON (Reuters) – The Federal Reserve extended its support for a slowing U.S. economy on Wednesday, saying it will keep buying $85 billion in bonds per month for the time being. In announcing the widely expected decision, Fed officials nodded to a weaker growth outlook due in part […]

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Live Now: Merck Beats on Earnings; Apple, Herbalife Report After the Bell

Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when available. See also delay times for other exchanges. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. All information […]

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