Bullish Blog

Reuters - The adage “as January goes, so goes the year” bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. This week, they will have to contend with fears of sovereign defaults and potential unpleasantness in the U.S. labor market as well.

AP - It’s the spoiled brat market.

Reuters - The Saudi bourse regulator has ordered six investors to pay a total 278.1 million riyals ($74.16 million) for trading violations, it said in a statement on Saturday.

Reuters - The adage ‘as January goes, so goes the year’ bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. In the coming week, they will have to contend with fears of sovereign defaults and the potential for unpleasant surprises in the U.S. labor market.

AP - Companies trying to sell their shares in initial public offerings had a hard time finding willing buyers in January — a trend that will likely continue until the stock market stabilizes.

AP - Companies trying to sell their shares in initial public offerings had a hard time finding willing buyers in January — a trend that will likely continue until the stock market stabilizes.

Although technology had a rough January, it was last year’s hottest sector. The recent pullback, along with 3 other key factors, makes this a good time to get back in.

Reuters - The second of two U.S. Securities and Exchange Commission lawsuits against Bank of America Corp over the Merrill Lynch & Co takeover may be ready for trial as soon as this summer, with a trial on the first lawsuit set to begin on March 1.

AP - Stocks ended a disappointing January with a loss Friday as investors questioned whether the economy will be able to sustain its big fourth-quarter growth rate. Downbeat earnings at technology companies also pulled stocks down. The Dow Jones closed the month with a loss of 3.5 percent, and is now down 658.10, or 6.1 percent, since reaching a 15-month high of 10,725.43 on Jan. 19.

AP - The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: