Benchmarks were finally able to close in the green yesterday, helped by some encouraging corporate numbers. Gains from pharma major Pfizer also helped benchmarks notch up a rare win, which came a day after benchmarks had suffered their biggest losses since last June. Discretionary stocks led the gains for the S&P 500’s industry groups.For a look at the issues currently […]
Weaker-than-expected domestic manufacturing data hammered benchmarks yesterday and the markets witnessed their worst selloff in many months. Nine of S&P 500’s industry groups slumped, with this index along with the Dow suffering their worst declines since June 20. Nasdaq had its biggest single-day decline since June 1. The decline on the first trading session of February came right after benchmarks […]
Dismal earnings results and weak forecasts weighed heavily on the benchmarks once again, dragging them down on Friday. Markets finished in the red to post their worst monthly performance in over a year. It was also the benchmarks’ first monthly decline since last August. Energy and consumer discretionary sectors were among the biggest losers on Friday.For a look at the […]
Stock Market Nasty Down Day with Negative TechnicalsStock-Markets / Stock Markets 2014Jan 30, 2014 – 05:48 AM GMTBy: Harry_Boxer
The stock market indices suffered another nasty session, except for theTheTechTrader.com, which looked good and channeled up nicely. That includes some of the natural gas ETFs, particularly the UGAZ. But the day was an ugly one.The day started out […]
A more optimistic outlook on emerging markets and promising consumer data helped benchmarks rebound to a positive finish after three consecutive sessions of losses. In fact, the Dow snapped its five-day rout and was 10 points short of a 100-point gain. Pfizer’s earnings beat also helped benchmarks buck the downtrend. Investors will now closely watch what the Federal Reserve has […]
(Editors’ Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)In ten years of solar investing, we have never encountered an opportunity as obscure and potentially lucrative as Renewable Energy Trade Board Corporation (OTCPK:EBODF).Before walking through the long […]
Concerns over China’s manufacturing slowdown left investors wary of equities and emerging market currencies; dragging the domestic benchmarks to heavy losses. The concerns merged with fears of the Federal Reserve further trimming its economic stimulus. The Dow had its worst day since last June while the blue-chip index and S&P 500 suffered their worst weekly runs in many months. Improved […]
The Dow ended in negative territory for the second-straight day while the S&P 500 and Nasdaq managed positive closes. As expected, earnings numbers were the dominating factor behind markets’ movement and IBM’s lower-than-expected revenues dragged the blue-chip index lower. Separately, positive numbers from Norfolk Southern and TE Connectivity boosted S&P 500. The tech-laden Nasdaq hit its highest level since 2000.For […]
Earnings results and forecasts from Dow components dragged the blue-chip index lower on Tuesday, while S&P 500 and Nasdaq ended in the green because of other factors. Material stocks ensured that the S&P 500 could avoid its third-straight decline. The day was devoid of any major economic releases but for IMF raising the global economic growth estimate.For a look at […]
Dismal earnings and forecasts from two bellwethers dragged the S&P 500 and Nasdaq lower on Friday. However, the blue-chip index escaped a finish in the red aided by strength from an important component, American Express. Economic data was mixed too and failed to prevent the S&P 500 and Nasdaq from posting weekly losses. The Dow registered its first weekly gain […]
