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Bill Schmick | @theMarket: Financial froth infects markets - Vimarsana News

Bill Schmick | @theMarket: Financial froth infects markets

One sure sign that stocks are getting overdone is the actions of overconfident investors that bid up stocks in a euphoric frenzy, only to dump them at the first sign of trouble. These behavior patterns normally usher in a corrective stage in the stock market, but exactly when that will occur is anyone’s guess. Investopia’s definition of froth “refers to a market condition where an asset’s price begins to increase beyond its intrinsic value.” Wall Street’s “Reefer Madness” event this week is just such an example. Certain stocks in the cannabis sector saw...

04Feb2021 Pre-Market Commentary: Micro-Caps Are Soaring As GameStop Losses 90%, DOW +260 At 12:30 ET, Nasdaq +0.7%, Gold Falls Below 1800, Shells Profits Plunge 87% - Vimarsana News

04Feb2021 Pre-Market Commentary: Micro-Caps Are Soaring As GameStop Losses 90%, DOW +260 At 12:30 ET, Nasdaq +0.7%, Gold Falls Below 1800, Shells Profits Plunge 87%

Taco Bell owner Yum Brands earnings top estimates, despite blow of international Covid restrictions (SPY +0.5%). Biggest midday movers: Qualcomm, eBay, GameStop. Here is the current market situation from CNN Money European markets finished mixed as of the most recent closing prices. The DAX gained 0.91%, while London's FTSE 100 was off 0.06%. Shares in France were unchanged with the CAC 40 at 5,563.05. What Is Moving the Markets Here are the headlines moving the markets. The COVID-19 Pandemic Has Upended Global Energy Investment Trends The pandemic has not broken but intensified global ene...