Troubling signs on Wall Street ahead of September
The rally has lifted the S&P 500 by 24 percent since March as August ends with a warning signal in VIX complacency and surveys showing high bullishness. Analysts warn these contrarian indicators often precede declines, while others argue economic hopes may override caution. If earnings rise in 2004, selling now could be a misstep. The VIX recently touched 20.27 after a low of 19.23, signaling optimism with few hedges.
MENTIONED IN THIS ARTICLE
Wall Street
Atti
Standard & Poor
Insiders Sell Far More Stock In August Than They Buy
Corporate executives directors and large individual shareholders were heavy net sellers in August for the fourth straight month. Through Wednesday, insiders bought 58.6 million of their own stock, up from 34 million in July, but sold 2.1 billion, more than double the 828 million in July.
MENTIONED IN THIS ARTICLE
Thomson Financial Show
Securities and Exchange Commission
Telemarketers face job losses as Do Not Call list grows
Yolanda Williams, 38, built a telemarketing career with Invincible Associates selling free video roof inspections and earning over 600 dollars weekly. The FTCs Do Not Call Registry could end dozens of jobs, with up to 2 million telemarketers at risk as the industry weighs legal tweaks and cost of compliance.
MENTIONED IN THIS ARTICLE
Yolanda Williams
Williams
Invincible Associates
Federal Trade Commission
Sakina Clay
Clay
Steven Field
Invincible
Acripps Howard
Justin Bergsten
Clearwater
Fla
Verizon Nears Deal With Unions As Operators Strike
Verizon Communications and 78,000 East Coast workers edge toward a contract settlement amid ongoing talks. Negotiators focused on remaining issues as the unions plan their Chicago convention, while government mediators helped avert a strike that could have disrupted service from Virginia to Maine.
MENTIONED IN THIS ARTICLE
Washington
Verizon Communications
Candice Johnson
Communications Workers of America
Johnson
Chicago
Verizon
Daniel Diaz Zapata
CWA
International Brotherhood of Electrical Workers
Virginia
Maine
Gasoline Prices Jump After Blackout and Pipeline Break
Gasoline prices rose sharply across the United States as a blackout and a broken pipeline disrupted supplies. The Lundberg Survey of 8,000 stations averaged about $1.75 a gallon for all grades, with self serve regular at $1.72, mid grade $1.81 and premium $1.90, the highest two week increase in 50 years.
MENTIONED IN THIS ARTICLE
Camarillo, Calf
Lundberg
Trilby Lundberg
Northeast
Midwest
Arizona
Also Mentioned on This Page
American Association of
Investors Intelligence
AAN
American
Teleservices Association
Tele
Act and
Kevin Martin
EMH
Bary Stephenso
Buick
Barry Stephenson
Jeff Brausch
Nick Abraham
Jeff
Vilas! Ae
Cleveland
Continental Airlines
Cayenage Coty
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