Here's what Benzinga's reading on our friend, TheStreet.com.
What's Hot On TheStreet
Stocks Under $5: Beaten-Down Homebuilders The March S&P/Case-Shiller home price numbers were released earlier today, with the overall reading for 20 of the largest cities in the U.S. falling 3.6% from the previous year and coming in at the lowest level in eight years. Even with mortgage rates as low as they've been all year, the combination of a stagnant employment market and a steady stream of foreclosures was blamed for the poor result.
Natural Disasters Stifle Small-Business Hiring Businesses with fewer than 20 employees added 45,000 jobs in May, flat as compared with new figures for the prior month, and the likely result of high gas prices and natural disasters, according to Intuit's INTU Small Business Employment Index.
Goldman's Blood Money: Today's Outrage I can just imagine the frustration in the executive suite of Goldman Sachs GS. Just when the public, with its notoriously short memory, was forgetting the "vampire squid" label that was so effectively applied to the company last year, we now have a label that is going to cling to Goldman forever. But what will it be?
Look for Dodged Worst-Case Scenario: Opinion There are simple philosophies in trading that can help any market observer better gauge the financial markets. One such philosophy, exercise, theory or whatever other name you would like to give it is what I like to call "the law of avoidance."
Market News and Data brought to you by Benzinga APIsWhat's Hot On TheStreet
Stocks Under $5: Beaten-Down Homebuilders The March S&P/Case-Shiller home price numbers were released earlier today, with the overall reading for 20 of the largest cities in the U.S. falling 3.6% from the previous year and coming in at the lowest level in eight years. Even with mortgage rates as low as they've been all year, the combination of a stagnant employment market and a steady stream of foreclosures was blamed for the poor result.
Natural Disasters Stifle Small-Business Hiring Businesses with fewer than 20 employees added 45,000 jobs in May, flat as compared with new figures for the prior month, and the likely result of high gas prices and natural disasters, according to Intuit's INTU Small Business Employment Index.
Goldman's Blood Money: Today's Outrage I can just imagine the frustration in the executive suite of Goldman Sachs GS. Just when the public, with its notoriously short memory, was forgetting the "vampire squid" label that was so effectively applied to the company last year, we now have a label that is going to cling to Goldman forever. But what will it be?
Look for Dodged Worst-Case Scenario: Opinion There are simple philosophies in trading that can help any market observer better gauge the financial markets. One such philosophy, exercise, theory or whatever other name you would like to give it is what I like to call "the law of avoidance."
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in