Its that time of the week for the usual Swiss team’s run through. The headline is they maintain that any near term weakness is corrective in nature and part of a year end push higher.This report is a bit thinner than usual but this fits with the theme of being patient for our year end Christmas present of a higher […]
Signs of a weak holiday shopping season and apprehensions over the central bank trimming its economic stimulus plan dragged benchmarks into the red on Tuesday. Profit booking also turned out to be a deterrent for the markets. The Dow and S&P 500 extended their losing streak into a third day. These losses come after benchmarks recorded eight consecutive weeks of […]
You have only one month left to pad your 2013 returns.So I have to ask…Are you trading the right stocks?As the market enters the home stretch, the sentiment picture is little changed. Investors are beginning to come around to the idea that equities might not be such a terrible investment idea. But most remain skeptical– and that’s good news for […]
Better-than-expected earnings from Hewlett-Packard along with a couple of encouraging domestic reports guided benchmarks higher on Wednesday. Initial claims numbers and the Michigan consumer sentiment report boosted investor confidence. Meanwhile, manufacturing activity in Chicago declined in November from the previous month but came in above market expectations. The technology sector was the biggest gainer among the S&P 500 industry groups […]
The Nasdaq crossed the 4,000 mark yesterday for the first time in over a decade as strong housing data and positive retail earnings reports improved sentiment. The Dow and S&P 500 also finished in the green, extending their respective record highs. The consumer discretionary sector was the biggest gainer among the S&P 500 industry groups, while utilities stocks lost the […]
Benchmarks ended on a mixed note yesterday after clinching new records over the past two trading days. Dismal housing sales data arrested whatever buoyancy was achieved from the Iran nuclear deal. At one point during the trading day, the Nasdaq had moved beyond 4K for the first time since 2000, but finally lost out on much of the day’s gains. […]
Benchmarks eroded the day’s gains after Federal Reserve minutes suggested that tapering may begin in the in “coming months”. However, the timing of the action depends on what economic conditions suggest going forward. The day marked the S&P 500’s third-straight fall while the blue-chip index moved still further from its 16,000 mark. The healthcare sector was the only gainer among […]
Dismal earnings numbers from Campbell Soup and a cautious profit forecast from Best Buy dragged the major indices into negative territory on Tuesday. The Dow moved away even further from the milestone level achieved on Monday. The S&P 500 incurred its first two consecutive days of losses this month. Meanwhile, Federal Reserve Chairman Ben Bernanke said the central bank will […]
Benchmarks moved higher on Friday, following an unanticipated boost in U.S. jobs growth in October. Consequently, the S&P 500 moved up for the week, following its worst performance in ten weeks on Thursday. The increasing prospect of the Federal Reserve tapering its stimulus program starting December raised bond yields. A few domestic reports were also released on Friday, providing data […]
After 150 million theoretical calculations, scientists at Harvard University in the US reveal results that could cut down the time and cost of experimental tests to find better organic electronic materials for solar cells.Most solar cells are made from expensive inorganic materials. Solar cells from organic materials are a cheaper alternative and scientists have been working to find designs that […]
