NASDAQ: Stock Market Drops on Weak Earnings and Economic Data

By Monday, August 3, 2015

NASDAQ: Stock Market DropsGreece and China added quite a bit of uncertainty to the U.S. stock market. By around 10:30 a.m. E.T. on the first trading day of August, the Dow slipped more than half a percent, NASDAQ lost 0.2%, and the S&P 500 dropped 0.3%.In Greece, the stock market plunged 23% on its first trading day after a five-week shutdown. Banking shares are hit the hardest, with the country’s largest bank,. Read More

NASDAQ: Technology Stocks Higher Despite Weak Earnings and Economic Data

By Friday, July 31, 2015

NASDAQThe NASDAQ was trading higher during the final trading session of the week, despite a barrage of weak economic data and earnings reports.The employment cost index disappointed analysts with a rise of 0.2%, representing the smallest increase in 33 years and coming in well below analysts’ expectations. The number is a clear sign the U.S. economy is struggling, potentially putting off the Federal Reserve’s rumored interest rate hike later. Read More

NASDAQ: Wall Street Opens Lower on Earnings and U.S. Economic Data

By Thursday, July 30, 2015

NASDAQMarkets are down on Thursday morning of July 30th. The NASDAQ slipped 0.62%, while the Dow and S&P 500 both lost around half a percent.The big news was from gross domestic product (GDP) data for the U.S. In the second quarter of 2015, U.S. GDP increased at an annual rate of 2.3%. Moreover, the Bureau of Economic Analysis also revised first quarter GDP from a 0.2% decrease to a. Read More

Riverbanc IPO: Here’s What You Need to Know

By Thursday, July 30, 2015

In preparation for its upcoming initial public offering (IPO), the North Carolina-based Riverbanc Multifamily Investors Inc. revealed a price target and presumed launch date of July 31, 2015. Here’s what investors need to know about the upcoming Riverbanc IPO.Who is Riverbanc?Riverbanc is an investment firm that holds investments whose value is backed by multifamily and other housing related assets. The company was founded as a joint venture between. Read More

NASDAQ: Technology Stocks Climb Amid Earnings Deluge

By Wednesday, July 29, 2015

The NASDAQ is heading higher this morning despite some technology companies reporting less-than-stellar earnings. Both Twitter Inc. (NYSE/TWTR) and Yelp Inc. (NYSE/YELP) lost double digits. Meanwhile, precious metals continue to struggle, with gold tanking to below $1,100 an ounce. China’s stock market crash has been temporarily stopped, with the Shanghai Composite Index gaining 3.4% on Wednesday.It’s only a few hours away from the Fed’s Open Market Committee meeting this. Read More

NASDAQ: China’s Stock Market Crash Sends Tech Stocks Plunging

By Tuesday, July 28, 2015

It’s still earnings season, and many companies are making double-digit moves. China’s stock market crash is still continuing, albeit at a smaller magnitude compared to yesterday. By 10:00 a.m. E.T., the S&P 500 Index was up 0.28%, while the NASDAQ and the Dow are also slightly higher.China’s crash has continued to affect shares of Chinese companies listed in the U.S., such as Alibaba Group Holding Limited (NYSE/BABA) and . Read More

NantKwest IPO: Here’s What Investors Need to Know

By Monday, July 27, 2015

NantKwest IPOOn Thursday July 16th, NantKwest (NASDAQ/NK), a healthcare provider producing cancer therapies, filed its initial public offering (IPO) documents with the Securities and Exchange Commission (SEC). Here’s what investors need to know about the upcoming NantKwest IPO.Who is NantKwest?NantKwest is the 51st healthcare company to go public this year, yet its post-IPO valuation could shatter industry records. The company was previously known as Conkwest Inc. and is headquartered. Read More

NASDAQ: Here’s Why Technology Stocks are Trading Lower This Morning

By Monday, July 27, 2015

The NASDAQ appears set for a dismal start to the week after a string of disappointing earnings reports from several technology giants, including Inc. (NASDAQ/SOHU) and Changyou.Com Limited (NASDAQ/CYOU), continue to sap risk appetite.A more-than eight percent dive in China’s benchmark Shanghai Composite Index also exacerbated fears about a slowdown in the Chinese economy. The slide in Chinese stocks, hurt by Friday’s weak Purchasing Manager’s Index (PMI) data. Read More

NASDAQ: Here’s Why Stocks are Trading Lower This Morning

By Friday, July 24, 2015

Stocks are Down This MorningThe NASDAQ Composite Index opened the trading session lower on Friday, July 24th, down 6.5 points or 0.31%. Lagging pessimism from Greece’s debt crisis hung over the market, as did an underwhelming earnings report from Apple Inc. (NASDAQ/AAPL). America’s technology exchange fell by 1.39% during the week, including a 0.49% fall on Thursday.Despite an attempted pivot away from economic headwinds last week, investors will have to pay attention to. Read More

Stock Market: Where’s It Going Next? The One Indicator I’m Watching

By Wednesday, July 22, 2015

Stock MarketIf it weren’t for the NASDAQ, this stock market would be flat once again. The resilience of technology and biotechnology stocks is a positive signal for equities.The Dow Jones Industrials, S&P 500 Index, and Wilshire 5000 Total Market Index‎ are basically flat year to date.Earnings season results continue to come in lackluster. But I would say that sentiment continues to be buoyed by Greece’s restructuring of its debt. Read More

Investors: This Could Send Gold Prices Soaring in 2015
By Michael Lombardi


For the rest of 2015, what's your take on oil?

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Profit Confidential
From: Michael Lombardi, MBA
Subject: Gold: The Stock Contrarian Investors’ Best Play of the Decade

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