Benchmarks ended in the red on Thursday as a decline in jobless claims raised concerns about rate hike sooner than later. Meanwhile, IMF urged Fed not to hike rates until next year provided there is a clear indication of a pick up in wages and inflation rate. IMF also trimmed growth forecast on U.S economy, which added to investor concern. […]
Benchmarks ended the first trading day of June with modest gains following mixed economic reports. While reports on construction spending and manufacturing were encouraging, data on consumer spending was disappointing. Investors are keeping an eye on economic data for clues on when the Federal Reserve will hike interest rates.For a look at the issues currently facing the markets, make sure […]
Submitted by Pater Tenebrarum via Acting-Man.com,More Ominous ChartsWe have decided to expand a bit on our recent post about “ominous charts” and show a few more charts that should at least give one pause. We hasten to add that none of them should be seen as timing indicators. It must be stressed that we continue to be in unprecedented situation, […]
Benchmarks ended about 1% lower on Tuesday following a rise in the dollar and upbeat economic data. While an increase in the dollar compelled investors to reduce their exposure on riskier assets including equities, encouraging economic data raised anxiety of a rate hike sooner than later. Meanwhile, concerns about Greek’s debt crisis added to the bearish sentiment. The S&P 500 […]
Benchmarks ended higher on Monday after dismal housing report pushed back the possibility of rate hike in near term. Fed Chicago President Charles Evans also recommended that the Fed should hold back from hiking interest rates until 2016. Gains in Apple’s shares too boosted the broader markets. Monday’s gains helped the S&P 500 close at a record level for the […]
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 were little changed on Wednesday amid discouraging retail sales numbers and rise in bond yields. While disappointing retail sales figures in April dragged the S&P 500 and the Dow into negative territory, gains in bond yields across the U.S. and Europe made investors nervous. Separately, a drop in DuPont’s shares weighed on the Dow. However, the Nasdaq bucked the […]
David W. Bianchi, “Blue Chip Kids”
May 13, 2015, 3:38 PM
4,162
When I was in college I took an economics class where the professor put up a chart showing the historical price movement of the Dow Jones Industrial Average.He then put up another chart that looked almost identical to the first one. Every time the Dow went up the other chart went […]
Benchmarks ended in the red on Tuesday after volatility in global bond markets made investors jittery. While the German bond yields gained amid selloff in European bonds, U.S Treasury bonds touched the highest level since mid-November.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street articleThe Dow Jones Industrial Average (DJI) […]
Benchmarks ended higher on Wednesday following the prospect of Visa’s potential access to China, McDonald’s turnaround plans and upbeat housing data. Broad based gains among technology shares also had a positive impact on the markets. Meanwhile, investors continued to assess a mixed bag of corporate earnings results.For a look at the issues currently facing the markets, make sure to read […]
