Markets News Stocks 

Bruising stock-market selloff may have cracked the rally’s foundations

“For S&P 500 stocks, 44.69% of components are above their 50-day moving average, down from a July 19 peak of 74%” writes Markets Reporter for marketwatch.com. For Nasdaq stocks, both the share of stocks trading above their 50-day and the 200-day averages represent the lowest since October. Source: marketwatch.com Share This:

Read More
News 

Is Life In Norway As Happy As It’s Cracked Up To Be?

“But to survive in Norway, those of a non-Norwegian culture are expected to adopt a Norwegian world view” writes The Conversation Global for huffingtonpost.in. This racist undercurrent in Norway may derive from an American-style exceptionalism in Norway, whereby Norwegians are told and truly believe that they are world leaders in social policy. Source: huffingtonpost.in Share This:

Read More
News 

Cracked iPhone screen? It might get a lot easier to fix

“According to Reuters, Apple will offer proprietary machines that fix cracked screens to third-party repair centers by the end of this year” writes Brett Molina for usatoday.com. It’s not clear whether a shift to the new technology will result in a change in how much consumers pay to fix their cracked screens.It’s one of the worst things that can happen to a smartphone owner: you drop the device and the screen cracks. Source: usatoday.com Share This:

Read More
News 

President Trump Just Praised Australia’s Universal Healthcare System

“Trump once backed a “Canadian-style” single payer system, after all, and Democrats already negotiated the Artful Dealer out of house and home in the recent budget deal” writes unknown author for elle.com. So it was funny, but not altogether shocking, to watch Trump finish up a day where he celebrated the passage of a major healthcare reform bill by praising a healthcare system that is almost exactly the opposite of the one proposed in his bill. Source: elle.com Share This:

Read More
News 

Why gold isn’t the safe haven it’s cracked up to be

“If you want to continue betting on gold, you should find a different rationale than its allegedly being a safe haven” writes Mark Hulbert for marketwatch.com. The researchers found that gold fell almost as often as it gained during those months of big S&P 500 losses.Consider how gold performed during the most momentous geopolitical events of the 1980s and 1990s.Specifically, they found that gold fell during 47% of the months when the S&P experienced those declines, and rose 53% of the time. Source: marketwatch.com Share This:

Read More