This morning I was thinking about writing this week’s column.I had to make a quick stop in Walmart. As I was walking through the parking lot, someone made a comment to me about their concerns that the stock market was about to start a correction. I was not sure why they told me this concern until the man told me […]
Concerns over Greece’s latest effort to avoid a default weighed on U.S. financial markets Monday.The Dow Jones industrial average slipped 107.67 points, or 0.6 percent, to 17,791.17. The Standard & Poor’s 500 index slid 9.68 points, or 0.5 percent, to 2,084.43. The Nasdaq composite lost 21.13 points, or 0.4 percent, to 5,029.97.Monday’s slide got started early after weekend negotiations between […]
Markets added modest gains on Friday amid discouraging economic data. A flurry of weaker-than-expected economic reports increased expectations that the Fed will refrain from raising interest rates in the near term, which eventually helped the S&P 500 and the Dow end marginally higher. The day’s minute gains were enough for the S&P 500 to close at a record level for […]
Benchmarks ended higher on Wednesday following rise in oil prices and upbeat earnings results. While, energy shares gained as domestic crude oil price closed at the highest level this year, investors cheered mostly positive first quarter earnings results. Meanwhile, European Central Bank’s decision to keep interest rates unchanged while continuing with its asset purchasing program added to the bullish sentiment.For […]
U.S. stocks rose Monday even with another negative surprise, this time in the Empire State survey, one of the first pieces of data on March activity. The Empire survey, at 6.9 in March, was the weakest since November 2013, and well below the reading of 8 expected by economists.For the year, the divergence between the U.S. and Europe has been […]
Stock Trading Alert: Positive Expectations Following Last Week’s Move Down – Will Downtrend Reverse?By: Paul Rejczak | Mon, Mar 16, 2015SharePrintEmailStock Trading Alert originally published on March 16, 2015, 7:16 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,090 and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook is […]
Markets finished a choppy session in the negative territory on Monday as yet another slide in oil prices dented investor sentiment. Moreover, mixed economic data on the domestic front weighed on the benchmarks. The Dow had gained more than 100 points in the initial session, but lost all the gains by the closing bell.For a look at the issues currently […]
Benchmarks finished on a mixed note on Tuesday after a Fed monetary policy report sparked concerns about “substantially stretched valuations” in Internet and bio-tech stocks. Further, Janet Yellen’s comment that federal funds rate might be raised sooner if the labor market keeps surprising the central bank dented investor sentiment. However, better-than-expected quarterly earnings results from J.P. Morgan Chase and Goldman […]
Stock Market Fractional Gain to Start the WeekStock-Markets / Stock Markets 2014Jun 17, 2014 – 03:50 PM GMTBy: PhilStockWorld
Courtesy of Doug Short:Against the backdrop of conflict in Iraq, this morning’s economic news was upbeat. The Empire State Manufacturing Index surprised to the upside and the Fed’s much broader Industrial Production series also beat expectations. The S&P 500 […]
Benchmarks suffered their worst losses in five weeks on Thursday, dragged down by declines in small-cap stocks and Wal-Mart’s disappointing numbers. The S&P 500 slumped the most in a month and the Dow registered its biggest drop since April 10. Investors were also concerned about Euro zone’s less-than-expected first quarter GDP growth.For a look at the issues currently facing the […]
