Is the Nasdaq Topping Out?

  Pulling the Nasdaq in Their Wake Stocks with the heaviest index weightings accounted for most of the gains*   The Nasdaq Composite Index, which contains some of the biggest names in tech, hit a milestone this week, crossing 6,000 for the first time. Year-to-date, the Nasdaq has gained almost 12 percent, while the Standard &… Read More The post Is the Nasdaq Topping Out? appeared first on The Big Picture.

MiB: MIT’s Andrew Lo on How Markets Adapt

This week on our Masters in Business radio podcast, we sit down with Professor Andrew Lo of MIT’s Sloan School of Management, where he serves as the director of the MIT Laboratory for Financial Engineering. He is the author of multiple books, including A Non-Random Walk Down Wall Street; his most recent book is Adaptive Markets: Financial Evolution at the… Read More The post MiB: MIT’s Andrew Lo on How Markets Adapt appeared first on The Big Picture.

Succinct Summation of Week’s Events for 4.7.17

Succinct Summations for the week ending April 7th, 2017 Positives: 1. ADP employment rose came in at 263k, well above the 170 expected. 2. Jobless claims fell from 258k to 234k. The 4-week average is 250k. 3. Construction spending rose 0.8% m/o/m. Single-family home spending rose 1.2%. 4. The unemployment rate fell from 4.7% to… Read More The post Succinct Summation of Week’s Events for 4.7.17 appeared first on The Big Picture.