Archive for June 1st, 2012
Jun
01
2012
 
No Shelter: 2012 Gains Erased in Torrent of SellingPosted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! Any hope the calendar turning from May to June would change the market’s trend were dashed Friday, as stocks started the month with a resounding thud. Major averaged tumbled from the opening bell as a weak U.S. jobs report, sluggish Chinese PMI data and ongoing concerns about Europe proved [...]
Jun
01
2012
Facebook: Fatal Blow to Retail Investors or Were Equities Already ‘Dead’?Posted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! After the crisis of 2008, retail investors ran screaming from the stock market for the perceived safety of bonds. Since 2008, more than $1 trillion has come out of equity mutual funds and gone into bond funds, according to ICI data. Even the doubling of the S&P 500 (GSPC) [...]
Jun
01
2012
May’s Jobs Report Disappoints Across the BoardPosted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! Well, this is a bad employment report — across the board. The Bureau of Labor Statistics reported that the economy created just 69,000 jobs in May, and the unemployment rate crept up to 8.2 percent. A few takeaways. Spring Slowdown. Once again, the jobs figures testify to a slowing [...] |
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