Nasdaq
NASDAQ Stock Index With the U.S. experiencing one of the longest periods of straight economic growth ever witnessed by the country, many investors are keen on finding which industry will continue to power this growth and bring about strong returns on investments. One of the juiciest investment opportunities…
NASDAQ Erases Gains Ahead of Earnings Season Start The NASDAQ Composite Index turned lower ahead of the close on Monday as investors brace for the corporate earnings season that starts with results from aluminum producer Alcoa Inc (NYSE:AA). The tech heavy gauge traded higher earlier in the day…
On Wednesday morning, the NASDAQ Composite Index climbed higher under weak ADP employment data and disappointing trade balance. ADP reported this morning that the U.S. private sector added 185,000 jobs in July—a significant drop from last month’s 229,000 addition, also missing the 216,000 expected. Trade balance worsened in…
Greece 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…
The 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 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 NASDAQ appears set for a dismal start to the week after a string of disappointing earnings reports from several technology giants, including Soho.com 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…
The 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…
The NASDAQ opened slightly higher on Monday July 20th, as Greece reopened its banks and started the process of paying off billions of euros owed to the International Monetary Fund (IMF). European equities soared to six-week highs on Monday as Greece began to return to normality after a…
There's nothing wrong if you are long stocks at this time, as the market continues to want to trend higher and, as an investor or trader, you want to ride this upside wave. However, you should also be careful due to a technically overbought condition and the absence…
As an investor and trader, what you can do when you feel the market may be set to take a pause and stall is to write some covered calls on your long positions. This appears to be the case at this juncture. Covered call writing (also called Buy-Write)…
