AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
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We haven’t yet seen a huge exodus out of bonds and into stocks.
It’s not often that you get a clean sweep of bullishness across the board. But when all of these indicators rise simultaneously, it typically isn’t associated with rising stock prices; one would expect stocks to decline.
On top of all the geopolitical headlines the money and bond markets have had to contend with of late, there has been another news story that has recently garnered its own fair share of headlines: a new Fed chair.
Nike’s (NKE) Q4 earnings on Thursday afternoon were poor on many fronts, notes Scott Rubin at Benzinga. It may be pointing to trouble in the retail sector.