Everyone's abuzz on yesterday's dive, even while this morning's metals and index futures are flat Lots of news:World equities hit two-week low as tech stocks retreat Global equities slipped to a two-week low on Friday as a sell-off on Wall Street led by technology and biotech shares and triggered by concerns that valuations are over stretched spread to Asia and Europe. The MSCI All-Country World index fell 0.4 percent by 0759 GMT to a two-week low, while the MSCI Europe index dropped 0.8 percent. "The sell-off is the result of increasing concerns about the future earnings growth," said Christian Stocker, equity…
Gartman: Stay out of stocks for a month or so Dennis Gartman of "The Gartman Letter" says he's staying out of stocks for a month or more. CNBC…
Two New Studies Raise Red Flags on Obamacare Barack Obama wasted little time last week declaring victory as the deadline for enrollment in Affordable Care Act exchanges expired – well, more or less, anyway. The White House celebrated as it announced that 7.1 million consumers had signed up for health insurance through the federal and state… The Fiscal Times…
Jeff Saut: The bull market will survive a rough spring Raymond James Financial's Jeff Saut isn't shaken by recent market volatiliy, here's why he still sees stocks going higher Breakout…
This is the make-or-break level for biotech It's the sector that has been making investors nervous all month. And now, it's fallen to a critical technical level. Talking Numbers…
Family Dollar to Close 370 Stores, Cut Jobs Family Dollar Stores Inc. (FDO) , facing an increase in retail competition, is closing about 370 stores and conducting a review to improve its business. Family Dollar, whose largest shareholder is billionaire hedge-fund manager John Paulson, is contending with more competition from rival discount… …
5 Reasons Why the NASD Selloff Spells CAUTION - Adam Shell, USA Today
Why This Stock Market Needs Correction - Jonathan Burton, MarketWatch
Here's the Weird Thing About Tumbling Stock Market - Joe Weisenthal, BI
--oh yeah, HAPPY FRIDAY!!!!
