Major stock indexes were heading for a higher close late Thursday afternoon, with the Standard & Poor’s 500 index on track for another all-time high. The market got a lift from new data indicating applications for unemployment aid fell last week. Technology and consumer staples stocks were among the biggest gainers.KEEPING SCORE: The Dow Jones industrial average rose 185 points, […]
A spike in long-term interest rates rattled investors Tuesday, nudging major U.S. stock indexes lower for the second day in a row.The market nearly clawed back all the way from an early slump that dragged the Dow Jones industrial average down as much as 180 points in the first half-hour of trading. The price of oil closed above $60 a […]
While the indexes had a nice 2 day rally Fri/Mon, it was difficult to really trust it because some secondary indicators (such as the NYSE McClellan Oscillator we cite often) have been trending in the wrong way. Today was a good example of why you want those secondary indicators to be in our favor before going all in, on a […]
NEW YORK (AP) — Fear that Greece could default on its debt and abandon the euro rattled global financial markets Friday.News that negotiations between Greece and its international lenders are making little progress sent European stock markets down sharply, and the selling spread across the Atlantic. By the close of U.S. trading, stocks across industries were lower, with four of […]
Submitted by Michael Snyder via The Economic Collapse blog,The higher financial markets rise, the harder they fall. By any objective measurement, the stock market is currently well into bubble territory. Anyone should be able to see this – all you have to do is look at the charts. Sadly, most of us never seem to learn from history. Most of […]
By Michael Snyder, on April 1st, 2015The higher financial markets rise, the harder they fall. By any objective measurement, the stock market is currently well into bubble territory. Anyone should be able to see this – all you have to do is look at the charts. Sadly, most of us never seem to learn from history. Most of us […]
NEW YORK (AP) — U.S. stock indexes crept higher in midday trading following a strong performance last week. The gains on Monday were wide but slight: Eight of 10 sectors in the Standard & Poor’s 500 index rose, though not by much.KEEPING SCORE: The S&P 500 edged up three points, or 0.2 percent, to 2,112 as of 11:30 a.m. Eastern […]
During a recent chat with a long-time investing-minded friend, the topic naturally drifted to the recent strong market performance and what that meant for our goals.Perhaps like many others, our goals can be broken up into two separate but related hopes. One, the mildly optimistic version, is that we save and generate enough investment returns to retire comfortably — live […]
The beginning of this year has been characterized by very large, volatile moves in the stock market. This week was different in that stocks moved very little until Friday. The news flow was no different than before – some headlines out of Europe and our Fed – so the lack of volatility was unusual, though refreshing.We’ll start with Europe, where […]
For some time now, Europe’s economy has been traversing rough waters. Economic data has been disappointing and geopolitical tensions have kept investors worried. While an uneasy truce has been reached on Ukraine, Greece debt negotiations remain unresolved. But new economic data and stock market performance indicate that it may a good time to buy into Europe after all.Markets Moving NorthMarkets […]
