Technicals do not drive the markets, and neither do fundamentals; emotions drive the market. Understand the emotion, and you can identify the trend. Identify the trend, and you can determine the primary direction of the market.
Lost in the bigger stories this week was the strong IPO market, which means that the economy in general is likely to remain strong. Here's a look at this week's top 8 IPOs, with more to come next week.
After what has been the slowest of slow-motion train wrecks, Puerto Rico’s federal overseers have finally taken the inevitable first step toward considering the use of bankruptcy-ish proceedings, known as Title III.