Will S&P Resistance at 1,420 Hold?
By Chad KarnesIt's worth noting that 1,410 and 1,420 are previous highs from both April and May, and they are also the highest price since early 2008, last occurring before the worst part of 2008s sell-off.
August 30, 2012
Housing Bulls Living in ‘Fantasyland,’ Economist SaysDont believe the hype. Thats the message Anthony Randazzo of the Reason Foundation delivered Thursday about the housing market.
August 30, 2012
Bernanke to Cast His Vote on U.S. Economy at Jackson HoleBernankes speech will be analyzed more closely than usual because it follows Mitt Romneys Thursday night acceptance speech as the Republican candidate for the presidency.
August 29, 2012
Buffett’s $8 Billion Trade Isn’t a Bet Against Munis: LPL’s ValeriWarren Buffetts sale of $8 billion in muni derivatives was a profitable trade, not a comment on the value of the muni market, says the LPL market strategist.
August 29, 2012
IPOs Could Get Easier in U.K.The U.K. is considering mimicking key provisions of the U.S. JOBS Act, including offering more lenient rules on IPOs.
August 21, 2012
Too Much of a Good Thing?In mid-July, John Ryan of Ryan Insurance Strategy Consultants in Greenwood Village, Colo., advised clients that extensive changes were coming for Genworths long-term care insurance product line and for its underwriting.
August 16, 2012
The tablet takeover is ahead of scheduleLast month, a market research firm guessed 121 million tablets would need to sell to be on track to leap laptop sales by 2016. Upcoming tablet releases could see that happen in just two or three years.
August 14, 2012
Romney or Obama? LPL and FSI Polls DisagreeAs the presidential race heats up with Mitt Romneys choice of Paul Ryan as his running mate, polls from FSI and LPL have reached vastly different conclusions about who will win.