Aug 28, 2015
On Thursday the bulls gained firm control of the market and took stocks into positive territory for the week. Discussion centered on what will happen when traders return from vacation and whether or when the FOMC will raise interest rates.
Aug 27, 2015
For the first half of the day Wednesday looked like a repeat of Tuesday, but the selling wave failed to kick in, and instead a strong "relief rally" occurred.
Aug 26, 2015
With all the turmoil of the past week or so, yesterday stood out as a "historic" day, and CNBC's Kelly Evans marked this fact by pointing out that a reversal of this magnitude in a strong day that ends up with a weak close had not been seen since October 2008.
Aug 25, 2015
Fisher: ‘The Fed Will Do the Right Thing’; James Grant: Prices ‘Artificial Worldwide’
Aug 24, 2015
Axel Merk, president of Merk Investments and a Newsmax Finance Insider, says the decline in U.S. equity markets, especially in the S&P 500 index, lacked panic.
Aug 21, 2015
Jason Ambrose, CEO of Vanda Research, says not to worry, and he sees the market driven by fear and lack of bullishness.
Aug 20, 2015
Dennis Gartman, of The Gartman Letter, finds a “huge spread” between crude in West Texas versus Western Canada weighing on the market as the “contango,” the term structure of prices several months out, widens.
Aug 19, 2015
On the related issue of the recent devaluation of the yuan by the People’s Bank of China, with Chinese stocks down 3%, Marc Ostwald, Strategist at ADM ISI, said the Chinese authorities are struggling to “rebalance” the economy in the face of slower growth and rising debt, as called for by the G-20.