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Europe: +44 (0) 207 198 1634 Equities and the Economy: Let’s get yesterday’s price action quickly out of the way because for all intents and purposes it’s meaningless. The Dow rose 73 points to close at 18,333, the S&P 500 added 8 to 2,140 and the Nasdaq rose 27 finishing at 5,193. As I’m sure you know, Donald Trump won the […]
Equities and the Economy: Wow! Whoo-hoo! Huge day yesterday! The Dow jumped a big 371 points, 2.1%, to finish at 18,259, the S&P 500 popped 46 points, 2.2%, ending at 2,132 and the Nasdaq rose a hefty 120 points, 2.4%, to 5,166. The move yesterday was all about the election and the belief that with […]
Equities and the Economy: Friday marked the 9th consecutive session the S&P 500 has closed lower. This is the longest losing streak since December 1980. However, the total loss has only been 3.1% over the period and the S&P is only off 5% from record highs in August. Hardly anything to get excited about. The […]
Equities and the Economy: For the 8th consecutive session the S&P 500 closed lower yesterday posting a 9 point loss finishing at 2,089. This is the S&P’s longest losing streak since the 2008 financial crisis. The Dow lost 29 to end at 17,931 and the Nasdaq fell 47 points, 0.92%, at 5,058. Before you panic […]
Equities and the Economy: Yesterday was a sea of red for U.S. stocks with the Dow closing down 77 points, 0.4%, at 17,960, the S&P 500 ended off 14, 0.7%, finishing at 2,098 and the Nasdaq fell 48 points, 0.9%, at 5,106. It’s been a grind down of late with the S&P posting its 7th […]
Equities and the Economy: We actually saw some movement in U.S. stocks yesterday, but, unfortunately, it wasn’t the movement we like. The Dow lost 105 points, 0.58%, to end at 18,037, the S&P 500 fell 14, 0.68%, to 2,112 and the Nasdaq closed down 36 points, 0.69%, at 5,154. Here are some not-so-good statistics. Yesterday […]
Equities and the Economy: More of the same yesterday. Nothing. The Dow closed down 19 at 18,142, the S&P 500 closed flat to Friday at 2,126 and the Nasdaq fell a single digit to 5,189. It really does look like investors want to get the election behind them before making any material investment decisions. Yesterday […]
Equities and the Economy: More of the same, which is nothing. On Friday the Dow closed down 8 at 18,161, the S&P 500 lost 7 to 2,126 and the more volatile Nasdaq ended 36 points lower at 5,190. As has been the trend lately, stocks traded lower intraday with the Dow down as much […]
Equities and the Economy: Booooring. Directionless. That’s what this market is. Although U.S. stocks closed lower yesterday it was really just another choppy day. The Dow finished 30 points off at 18,170, the S&P 500 fell 6 to 2,133 and the Nasdaq ended down 34 at 5,216. It really does seems as if investors are […]
Equities and the Economy: Yet another choppy day for U.S. equities. The Dow rose 30 points closing at 18,199 but the other two major bourses, the S&P 500 and Nasdaq, fell 4 and 33 points, respectively with the former ending at 2,139 and the latter at 5,250. The Dow’s performance was noteworthy because the index […]
