Article By:
Tyler Durden
Thursday, July 27, 2017 9:21 PM EDT
No fundamental catalyst for today's tech wreck (just as there wasn't last time), but many people noted the coincidental timing of JPM's Kolanovic note on Vol fragilities coincided with the start of the pain...
In this article: AMZN, NFLX, FXY, GLD, IWM, OIL, USO, UUP, XLE, XLF, XLK, XRT, FB, VIX, GOOGL
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Article By:
Jill Mislinski
Thursday, July 27, 2017 9:13 PM EDT
The S&P opened near its daily high and dropped 24 bps before bouncing back a bit hours before close. The index saw a fractional daily loss of 0.10% and a YTD gain of 10.57%.
In this article: SPX
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Video By:
TheoTrade
Thursday, July 27, 2017 8:48 PM EDT
Stocks took a violent turn intraday. One of the rumors is someone leaked that AMZN would have a big earnings miss. Regardless we have warned all week about how an earnings miss by 1 of the big 5 stocks can lead to a reversal for the entire market.
In this video: AMZN, FB, SPX, GOOGL
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Article By:
Warren Bevan
Thursday, July 27, 2017 8:17 PM EDT
We did see some heavy weakness this afternoon which didn’t last too long but it is always a warning when we see that type of move lower on heavy volume. Sometimes it’s a warning shot across the bow, other times it hits, so time will tell, likely.
In this article: AMZN, SBUX, SPY
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Article By:
Business Wire
Thursday, July 27, 2017 7:05 PM EDT
Company announces strategic actions to advance growth agenda and increase returns. Stock is dropping after hours.
In this article: SBUX
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Article By:
Chad Brand
Thursday, July 27, 2017 6:01 PM EDT
In recent weeks Dillard's stock has soared, in part due to speculation that a massive short squeeze could be imminent. It looks like we are seeing signs of one right now, as the stock has moved from $48 in May to nearly $77 today.
In this article: DDS
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The trend remains your friend if financials have been overweighted in your portfolio. Measured by one-year performance, this sector is red hot in absolute and relative terms, based on a set of proxy ETFs.
The US dollar is sitting near multi-month lows against the major European currencies and the dollar bloc.
Part of “reflation” was always going to be banks making more money in money. These days that is called FICC – Fixed Income, Currency, Commodities.
So often investors take one move on the part of a central bank as a signal that the universe has changed fundamentally.
Slower pace of monetary tightening that could extend this "Goldilocks" environment.
EURAUD looks to have completed its three wave correction near the Fibonacci ratio of 50.0, which now means that more gains may follow on the pair.
In the first half of the year, the market rally came from FANG with most other areas only experiencing moderate advances. That’s changed. All major market indexes, including mid-cap and small-cap indexes, reached all-time highs.
