From Stephen Suttmeier, chief technician at BAML, comes the below look at how biotechs are weathering the storm this week. Looks like they’ve stopped falling, which is good. Suttmeier believes that a break higher, however, will be critical to prevent more damage – standing still may not be enough… The NBI made a stand at…

You want someone to emulate? Bernard Baruch (August 19, 1870 – June 20, 1965) was the son of a South Carolina physician whose family moved to New York City when he was eleven year old. By his mid-twenties, he is able to buy an $18,000 seat on the exchange with his winnings and commissions from…

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Has the US stock market gotten a bit ahead of itself over the last six months relative to earnings expectations? Looks like it… via FactSet: The current 12-month forward P/E ratio is 15.3. This P/E ratio is above the 5-year (13.2) and 10-year (13.8) averages.   Source: FactSet Research

Over the last several years I’ve had the pleasure of being able to attend the Ira Sohn Conference in New York City as something of a media person – this has allowed me to cull the insights from the conference into blog posts and tweets, essentially making my own research process something accessible to readers….

Stop it. Ryan Detrick (Schaeffers) drops a vicious guest post at See It Market in which he debunks six popular trading myths. Here’s one of my personal favorites, the idea that earnings growth during any given year has any correlation with stock market performance… Trading Myths – #6  Earnings Predict The Stock Market So, how…

The economist Hyman Minsky’s work on market crashes has become very popular in recent years now that everyone is on bubble n’ crash watch. The BBC looks at five of his most important ideas this week in an excellent primer for the uninitiated. First up – the idea that nothing is more dangerous than a…