ITG derivatives strategist Ralph Edwards concludes that there’s nothing much worrisome over the longer term, but that “near term caution is warranted” on the basis of some tire-looking technical indicators. Continue Reading
U.S. retail sales picked up last month after a sluggish December, providing a firm foundation for the economy’s recovery. Continue Reading
Do restaurants and retailers risk alienating customers in the long term by gouging them with high prices on Valentine’s Day, in the vein that airlines do before Thanksgiving? Continue Reading
How Goldman Sachs Came to Rule the World” and a Bloomberg View columnist, talk about Federal Reserve and global central bank monetary policy. Continue Reading
Canadian stock markets may be entering a “new regime” as high frequency trading starts to show signs of shrinking its role in share trading, according to a new report from brokerage ITG Canada. Continue Reading
Steve Blitz, chief economist with ITG Investment Research notes the $660 million Ford offering of 1956 was equivalent to $5.2 billion in 2012 dollars — almost the same as Facebook’s $5 billion IPO. Continue Reading
The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo triggered a recession and led to lines at gasoline stations. Continue Reading
Steven Blitz, chief economist at ITG Investment Research, talks about the U.S. stock market, jobs and the financial industry. He speaks with Pimm Fox on Bloomberg Television’s “Taking Stock.” Watch the video
The hype over Facebook’s initial public offering has excited investors revisiting other social media companies, even though most of those stocks have plunged since the fanfare of their own IPOs. Continue Reading
Online retailer Amazon.com beat fourth quarter earnings estimates, but that didn’t stop shares of the company from taking a hard fall in the market. Continue Reading
