How much of a floor is there under the market? Nonfarm payrolls for September, at a loss of 263,000 jobs, was worse than the loss of 175,000 expected. Read More
The third quarter has past and for investors seeking dividends, they can be glad. Standard & Poor's said yesterday that third-quarter dividend increases this year were the worst on record. Dividend payments during the third quarter fell 44.8% from a year ago, with only 191 of about 7,000 public companies -tracked by S&P- increasing their payouts. Read More
Today marks the final day of the third quarter and stocks retreated after weak reports on manufacturing and jobs. John Merrill, founder and CIO of Tanglewood Wealth Management and Bill Spiropoulos, CEO at CoreStates Capital Advisors told investors how to best prepare for the upcoming fourth quarter. Read More
The argument that the market advanced on merger news is silly: the important point is that the market has bounced at least three times on the modest 2 to 4 percent pullbacks that we have seen since June, so it is simply continuing a trend. Read More
Lots of technical talk this morning on yesterday's weakness. RBC Capital Markets, in a note to clients this morning, noted that "An inability to make new highs into late September would be a significant negative for stocks well into Q4." Read More
I'm torn between two news items, trying to decide which is more telling that we are entering the end of days. Soon, cockroaches will rule the Earth while we retreat to our pods and play videogames, wear ever-more bizarre clothing, gain 600 pounds, and use The Comfort Wipe. Read More