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As the IPO Market Reopens, Our "Rich Folks" Profit Play Has Burst Back to Life
No question, the IPO market has made a true resurgence.
True, we saw a bleak first quarter and a very quiet summer.
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U.S. stock futures forecast a 20-point dip from Friday's close. The U.S. markets were closed on Monday in observance of Memorial Day.
On Friday, the DJIA Index was flat as investors reacted negatively after Federal Reserve Chair Janet Yellen suggested the central bank is on pace to raise interest rates in 2015 and that the process was expected to be gradual.