Traders face plenty of economic news this week, and considering how much the market has risen, it could be time for a bit of a pullback. But at least one trader thinks that’s just what’s needed to create a base for further gain…
If the agreement between congressional Republicans and President Obama is ratified, Pimco, which manages the world’s largest bond fund, says the stimulative measure will contribute much to economic growth — and to the deficit….
Given all that transpired globally over the Thanksgiving weekend, the idea of holding risky assets like stocks should give investors heartburn. Perhaps a strong Black Friday weekend and holiday selling season will draw traders’…
The consumer sentiment index rose a better than expected 3.9 points in November to 71.6 — its highest level since June, as Americans sensed modest improvement in the job market. Its still below historic norms, though, and sust…
Beyond the next series of economic indicators, what really matters now is a strong holiday selling season. If it materializes, that could pole-vault the market to new highs, making 12,000 on the Dow by year-end well within reac…