The US defense budget is 48 percent of the world’s total spending on military preparedness. Don’t expect any major changes. Read More

US stocks tumbled today on news that retail sales declined in April and the number of foreclosures increased. Read More

US stocks recovered from earlier losses, finishing the day mixed amid concerns that capital raises among banks would be dilutive to earnings per share. Read More

The three major US stock indexes after a number of financial institutions announced they would sell shares to raise capital and repay government funds. Read More

The major averages have mounted an impressive recovery off the March lows, and the big question on most traders’ minds is if the move can continue. While I still expect we’ll see some sort of a correction of this run-up later on this year, there’s no sign of that correction just yet. Moreover, by year’s end, I expect the market to be trading higher. Read More

The three major US stock indexes finished the day lower in anticipation of the results of the Treasury Dept’s stress test. Read More

The three major US stock indexes after unemployment figures showed a slowdown in job losses. Read More

The three major US stock indexes climbed today after employers laid off fewer employees than economists had expected and speculation that the results of the government’s stress tests might be as dire for the industry as some had expected. Read More

The three major US stock indexes finished the day lower amid speculation that the stress tests administered to the nation’s 19 largest financial institutions would require a number of these firms to raise additional capital. Read More

The three major US stock indexes posted gains today after home sales topped economists’ estimates and China recorded an increase in manufacturing activity. Read More