Indexes in the U.S. were down modestly – much needed after a 3 week run with little rest. The S&P 500 fell 0.35% and the NASDAQ 0.14%. Some are blaming the surprise loss of Cantor to a Tea Party candidate but rather than pointing out any specific reason, it’s just a market that needs a bit of a rest […]
The ups and downs of Obamacare — from its passage to its rollout and now implementation — have consumed Washington, D.C., and American politics.But for those who run companies — and provide health insurance to more than half of all Americans — not much has fundamentally changed. Health care is still a business disease: U.S. enterprises spend more than $620 […]
Benchmarks notched record highs again on Thursday following the announcement of stimulus measures by the ECB intended to boost Eurozone’s recovery. The S&P 500 closed at a record high for the 17th time this year. The blue-chip index also closed at a record level for the 7th time this year. The Nasdaq too closed at a level last seen in […]
An important point is that no one wants to see are increases that occur too quickly, which could then be perceived as a negative because it will raise concerns about increasing inflation — a negative for stocks. Now remember, last month we saw an increase of 288,000 jobs, which some economists explained could be a one-off due to […]
Benchmarks erased day’s initial losses and ended in the green after investors shrugged off dismal labor market data to focus on an encouraging services sector report. The S&P 500 ended at another high; the sixteenth one this year. Separately, the Nasdaq was boosted by gains in tech-bellwether Apple and bio-tech stocks.For a look at the issues currently facing the markets, […]
Originally published May 30, 2014 at 7:12 AM | Page modified May 31, 2014 at 3:13 AM
NEW YORK — The stock market closed out May mostly higher Friday, sending two out of the three major U.S. indexes to record highs.Trading was uneven, and indexes moved between small gains and losses for most of the day. A late push […]
Trader John Santiago, right, works on the floor of the New York Stock Exchange Friday, May 30, 2014. Two negative reports on U.S. consumers were pushing stocks lower in early trading Friday. (AP Photo/Richard Drew)NEW YORK (AP) — Stocks were mostly unchanged Friday as investors reacted to two negative economic reports that focused on U.S. consumers. Lions Gate Entertainment plunged […]
We noted a potential change of trend last Thursday when a 2 month downtrend on the NASDAQ had reversed. We also started pointing out in our recaps late last week a lot of broken down areas of the market (momentum / growth type stocks) staged breakouts over long term downtrends. Last Friday was a nice through day but the NASDAQ […]
By Terry XuLocal blogger and activist, Ravi Philemon has filed a police report to prompt an investigation into possible insider trading of SMRT stocks. In his report, he wrote,” I refer to the newspaper report “Transport Stocks up on talk of changes,” published in My Paper dated 21 May 2014. The report said that the land transport stocks powered ahead on Tuesday, 20 […]
The NASDAQ capped off a strong week of out performance as we finally saw some rotation back into high growth / momentum type of stocks. Today the S&P 500 gained 0.42% but the NASDAQ jumped 0.76%; this continued a trend we saw much of the week. Weeks just ahead of a holiday are generally very light in volume and tend […]
