US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Equities and the Economy: • Mixed and muted session with below average volume. • All eyes on the House. It was a quiet day on Wall Street yesterday with the major indexes closing basically flat to Wednesday on below average volume. The Dow lost 5 points to 20,657, the S&P 500 fell 2 to 2,346 […]
Equities and the Economy: • Major indexes closed little changed. • Dow posts 5th consecutive losing session. After falling more than 1% on Tuesday, the first time that’s happened in 109 days, U.S. equities closed little changed from the day prior. However, the Dow did post its 5th consecutive loss closing down 7 points at […]
Equities and the Economy: • U.S. equities have their worst day in 2017. • Break history setting run without 1% loss. It was bound to happen. Just when I write a paragraph on how the market has gone forever without a 1% we get one. Yesterday U.S. stocks logged their worst day in 2017 with […]
Equities and the Economy: • Bivouacking continues. • Nasdaq sets intraday record high. Without any significant economic news U.S. equities have been consolidating the last few sessions. Yesterday the Nasdaq managed to post a new intraday high but pulled back in the afternoon and closed up a point from Friday at 5,902. The Dow and […]
Equities and the Economy: • Another muted day on Friday. • Major indexes post marginal gains for the week. The U.S. equities market treaded water the last two days of last week. On Friday the Dow fell 20 points to 20,915, the S&P 500 lost 3 ending at 2,378 and the Nasdaq closed flat to […]
Equities and the Economy: • Stocks consolidating. • S&P still up 6.3% for the year. A day after the Fed announced a ¼% rate hike and U.S. equities jumping, stocks treaded water yesterday with the Dow closing down 16 at 20,935 and the S&P 500 off 4 to 2,381. The Nasdaq managed to post a […]
Equities and the Economy: Fed raises interest rates as widely expected. Fed guidance dovish. For the third time since the financial crisis began, the second time in three months and the first time this year, the Fed raised interest rates. Yesterday increase was a widely expected ¼% taking the benchmark overnight interest rate to a […]
Equities and the Economy: U.S. equities close marginally lower. Market looking for a ¼% hike in interest rates today. U.S. stocks closed marginally lower yesterday dragged down by the Asian markets and energy stocks with crude oil prices closing lower on considerably below average volume due to winter storm Stella. The Dow closed down 44 […]
Equities and the Economy: • Equities globally consolidate yesterday. • FOMC and BoJ meetings this week. Consolidation was the order of the day not just parochially but catholically with the U.S., Asian and European markets generally closing little changed. Focusing on the U.S., the Dow slid 22 points to 20,881, the S&P 500 gained a point […]
Equities and the Economy: • February jobs report “Goldilocks”. • U.S. post minor losses for the week. Although U.S. stocks closed higher on Friday with the Dow gaining 45 points to 30,903, the S&P 500 up 8 to 2,373 and the Nasdaq adding 23, 0.4%, to finish at 5,862, the major indexes posted minor losses […]
