Market News – 13Oct2015

  • Goldman Sachs will tweet and post earnings news itself, bypassing business wire services
  • London Stock Exchange to sell Russell Investments to TA Associates for US $1.15 bn
  • Visa to launch threat intelligence portal in partnership with FireEye
  • Saxo Payments looks to serve ecommerce growth with global payments infrastructure
  • A Symphony partner aims to enhance workflow with personalized, relevant data

Regarding Goldman Sachs news, the switch to direct news release will give Goldman Sachs more control over dissemination of its data. The firm had reportedly considered making this type of change for a while, and the increasing use of Twitter for data dissemination helped speed the decision, the Wall Street Journal reported. The Securities and Exchange Commission (SEC) started allowing companies to use social media to disclose material corporate information 2 years ago in 2013 and a growing number of other firms have followed suit, including Twitter itself.

Alpha Investment Newsletter sees 13% downside in S&P 500 Index in Near Term

December 3, 2013 by · Leave a Comment
Filed under: Americas, Capital Markets, Finance 

The Alpha Investment Newsletter sees 13% downside in the S&P 500 Index in the near term, which is 230 points downside from current 1800 level to 1570 level. This note is to help investors preserve their profits if they act in time.

New York, Dec 03, 2013Note to Investors:  The S&P 500 Index has been around the critical level of 1800 for last two weeks, and based on the index price movement and volume behavior, the rally seems to be stalling and with high probability of reversal and profit-booking wave in the near term.

The Alpha Investment Newsletter sees 13% downside correction in the S&P 500 Index in the near term, which is 230 points downside from current 1800 level to 1570 level. The downside could extend further to 1480 if news flow gets particularly bad. This correction may unfold in Q1 2014 during Jan-Feb period, triggered by fresh political deadlocks in the USA, and profit booking on overleveraged positions. There is a chance that this correction may even start within December 2013 anticipating such problems in Jan-Feb 2014. Read more

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