That Sketchy Moment When Stocks are Rising and Profits are Falling

That Sketchy Moment When Stocks are Rising and Profits are FallingThe stock market is grooving again, baby! Pure rock-and-roll! It’s like Springsteen stormed the stage in February and got the crowd back on its feet after some moody emo mope had us all crying in our beer, or whatever emo mopes drink. (Chamomile tea or puppy dog tears or hemlock or whatever.) To wit: The Standard & Poor’s 500 Index is up almost 6 percent in February. That’s an E-Street…

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The Stock Market Correction is Here

The Stock Market Correction is HereThe correction many have been waiting for appears to have arrived, according to Tony Dwyer, U.S. portfolio strategist at Canaccord Genuity. He believes in order for this meaningful equity market pullback to last more than a day, there must be a fear of fundamental change. And Mr. Dwyer thinks enough ammunition is being provided by weak Chinese manufacturing data, more tapering from the Federal Reserve at its meeting next week,…

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