Market Gawk

What will the Fed chief touch on in his July 18-19 remarks to Congress—and what will legislators grill him about? A preview from Action Economics

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Most of our forecasters see stocks heading higher, but don’t look for double-digit gains

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The New Zealand dollar hit a fresh 25-year high Tuesday and is significantly overvalued, but there is little the government can do about it, Finance Minister Michael Cullen said.

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From glazed doughnuts to sheepskin boots to bright resin footwear, Wall Street can be a slave to trends. But be careful not to fall head over…

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The cup with handle is the most successful stock chart pattern, having birthed scores of market winners.

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It was a pretty quiet day aside from the Dow’s attempt at 14,000. The S&P and NASDAQ took a break from their big run last week. I’m sure the action will pick up with all the news that’s due out this week… along with options expiration.
The NASDAQ’s clinging to the […]

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Stocks turned in a mostly lower session Monday, as the NASDAQ lagged behind the broad market.

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With the Dow and S&P 500 celebrating all-time highs, the tech-heavy index is the odd man out. It might take a decade to regain its former peak

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Blue chip stocks rose Monday as news of a potential big telecom deal involving Verizon pushed the Dow Jones industrials to a new record close, and put the index closer to 14,000. Overall, stocks traded were mixed as investors digested the market’s huge gains of last week.

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NovaStar Financial Inc. has sold $48.8 million of convertible preferred stock and received a commitment from the buyers to purchase an additional $101.2 million of shares, which will raise $150 million in combined equity for NovaStar.

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