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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and happy Paperclip Day (I guess it’s only fair paperclips have their day being cellophane had its day on Wednesday). U.S. stocks ended slightly lower yesterday with the Dow falling 37 points to 18,126, the S&P 500 lost 2 to 2,121 and the Nasdaq was off 9 to 5,098. […]
Equities and the Economy Good morning and happy National Brisket Day. U.S. equities rallied nicely yesterday from the catastrophe on Tuesday with the Dow gaining 121 points (0.67%) ending at 18,163, the S&P 500 added 19 (0.89%) to 2,123 and the Nasdaq was the leader of the day closing up 74 (1.48%) at 5,107. That’s […]
Equities and the Economy Good morning and happy Cellophane Tape Day. After a week of choppiness with new highs for equities, albeit on below average volume and barely above old highs, conviction returned to the markets yesterday and unfortunately it was of the negative variety. In fact “negative” does not do justice to the destruction […]
Equities and the Economy Good morning and happy National Blueberry Cheesecake Day. On Friday U.S. stocks traded like they had all week, choppy, with the Dow closing down 54 points at 18,232, the S&P 500 off 5 to 2,126 and the Nasdaq closing down 2 at 5,089. The results for the week reflected the week’s […]
Equities and the Economy Good morning and happy National Don’t Fry Day (which is always the Friday before Memorial Day. Sounds like the grill manufacturer lobby’s been at work!). For the fourth consecutive day equities meandered although the Nasdaq got a nice pop climbing 19 (0.38%) to 5,091. The Dow closed flat to Wednesday at […]
Equities and the Economy Good morning and happy National Strawberries and Cream Day. It was another choppy session yesterday as modest post-Fed minutes gains evaporated by day’s end. The Dow lost 27 points to 18,285, the S&P 500 fell 2 to 2,126 while the Nasdaq squeaked out a gain of 2 to 5,072. There wasn’t […]
Equities and the Economy Good morning and happy National Be a Millionaire Day. U.S. stocks waffled all day yesterday between small gains and small losses. Although both the Dow and S&P 500 hit new intraday record highs only the Dow closed in the green adding 13 points to 18,312 setting a second consecutive record closing […]
Equities and the Economy Good morning and happy National Devil’s Food Cake Day. The Dow and S&P 500 marched to another record high yesterday fed by fruit. The fruit was Apple which rose 1.1% and was the biggest factor for the rise of the three major indexes. The numbers were: Dow closed up 26 points […]
Equities and the Economy Good morning and happy National No Dirty Dishes Day. Carry on Wayword Son! No, I’m not talking about Kansas. I’m talking about the S&P 500 which on Friday closed at a record high for the second straight day. I know it barely did so (+2 points to 2,123) but I don’t […]
Equities and the Economy Good morning and happy National Nylon Stocking Day. It was a fantastic day for U.S. stocks yesterday with the Dow pushing up a big 192 points (1.06%) higher, the S&P 500 adding 23 (1.07%) to 2,121 and the Nasdaq jumping 69 (1.39%) ending at 5,051. And along the way the S&P […]
