DEC 5thUpbeat Jobs Data Leads To Modest Strength On Wall Street – Shy of a Major Milestone, Dow Closes at New High – Nov jobs report comes in well ahead of expectations – Financials lead on the day, energy falls againU.S. stocks rose on Friday, with the Dow and S&P 500 on track for their seventh straight weekly advance after […]
Strong service sector numbers and modestly impressive job data helped benchmarks to finish in the green zone on Wednesday. This was the second consecutive day of gains for the indices. Moreover, rally in energy shares following rebound in oil prices and solid gains in materials stocks also boosted investor confidence. The S&P 500 reached its 48th record high this year […]
Even stock markets, and their followers, appreciate a break every once in a while. On Black Friday, they get one.The New York Stock Exchange and the Nasdaq will both close early at 1 p.m. Friday. The bond market, meanwhile, will close at 2 p.m.Traders were first treated to a shortened day following Thanksgiving on Nov. 27, 1992, with a 2 […]
Stock Market in a Quandary?Stock-Markets / Stock Markets 2014Aug 29, 2014 – 03:08 PM GMTBy: Anthony_CherniawskiYesterday’s decline did not appear impulsive enough to qualify as a Wave 1 down at any degree. In addition, despite Macro Wave I’s uncertain pedigree, Micro Wave iii and v are clearly impulsive. If this morning the SPX does not break down, it may leave […]
The stock market drifted mostly higher Friday afternoon, as investors weighed a mixed picture of the U.S. economy against better-than-expected company earnings. Trading was light ahead of the Labor Day holiday weekend.KEEPING SCORE: The S&P 500 rose three points, or 0.2 percent, to 2,000 as of 2:18 p.m. Eastern time. The Dow Jones industrial average slipped nine points, or 0.1 […]
Markets ended in the red and the S&P fell below the record 2k mark as concerns about Russia-Ukraine tension overshadowed encouraging U.S. economic data. Dismal inflation rate data from Eurozone also dragged down the benchmarks.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) declined […]
Originally published August 29, 2014 at 5:41 AM | Page modified August 30, 2014 at 3:01 AM
The Standard & Poor’s 500 index delivered its fourth record high in five days Friday, ending with the biggest monthly gain since February.The milestone-crushing run capped a week when the S&P eclipsed the 2,000-point mark for the first time. And the index […]
Back in 2011, I wrote about Why Even Fundamental Analysts Should Watch A-D Line, noting that the NYSE A-D Line is very strongly correlated to corporate profits.But because the A-D Line can be calculated each day in real time, whereas corporate profits are reported with a significant lag, in effect the A-D Line gives a leading indication for what the […]
Benchmarks ended a listless trading session nearly flat following mixed earnings reports. Investors were reluctant to bet big bucks on a day devoid of any major economic data or news. The S&P 500 was able to end above the 2K mark, but the index witnessed its lowest intra-day trading range, swinging by only 4.54 points.For a look at the issues […]
There was great economic news on Monday – for somebody.
Monday morning the stock market passed another historic milestone, as the S&P 500 composite index briefly passed the 2,000 mark before ending the day on a record-breaking high. That barrier had symbolic value for many investors, although perhaps not as much as the once-unimaginable goal of seeing the Dow Jones Industrial […]
