Stock Capitalist

The US stock market enjoyed some modest gains yesterday. A typical, for October at least, last-minute surge pushed the Dow up 2.1%.

Stocks typically regress to the mean, along with everything else. The ‘mean,’ depending on how you measure it, would put the Dow between 6000 and 9000. But Mr.

They’re blaming the shorts and bailing out the ones who lost all the money and almost took the financial system down.” Manuel Asensio, 53, president of New York-based Mill Rock LLC, says he and his brethren keep the stock market …

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NYSE Euronext Announces Third Quarter 2008 Financial Results

Asian stocks ticked down on the day and European stocks were down 0.7 percent. Both indexes also headed for their worst month ever.

Stock futures continue to point to a lower open. The European markets remain lower as well and the overnight Libor rate continues to fall, and now is at 0.41% versus 0.73% yesterday. The drop in Libor is a ongoing sign that there could …

Interest Rate Conundrum Heralds More Stock Market Distress :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website.

Productive investments will face higher costs of capital, and this will crimp the stock market and economic growth. It’s not a pretty picture.

When the stock market goes up despite discouraging economic news, it provides evidence that investment conditions are on the mend again. More on that below. The Fed Cuts Again.

Silver of course followed in Gold’s shadow.

US Stocks at a Glance US STOCKS – Market rises on rate – cut boost, credit thaw NEW YORK – US stocks rose on Thursday as investors bet that a spate of interest rate cuts by central banks around the world, including the Federal Reserve, …

We anticipate AUM to continue to be adversely impacted by overall weakness in financial market conditions. Therefore, we maintain our HOLD rating for the NYSE common stock , although the current price level supports a BUY rating. ..

Factor all this in and you’ve got a decent explanation for a wild market yesterday. Stocks continued Tuesday’s rally most of the morning, but — as we forecast — “sold the news” of the Fed ’s 50-point rate cut .

The Fed has cut rates for more than a year in an attempt to help the struggling economy. The central bank has also made potentially trillions available to financial institutions as part of a broader attempt to calm roiling financial …

Credit Crisis Slows Economy in Once-Hot Poland – (www.nytimes.com) Kuwait moves to prop up major bank, eyes deposit guarantee as financial meltdown reaches Gulf – (www.chicagotribune.com) Calpers Sells Stock Amid Liquidity Strains …