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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and happy birthday to Eeyore. We started out looking nicely yesterday morning following European equities higher but all the major indexes ended lower as the red hot health care sector dropped sharply. The Dow ended 42 points lower at 18,038, the S&P 500 lost 9 to 2,109 and the […]
Equities and the Economy Good morning and happy National Babe Ruth Day. A day after the Nasdaq set its first record in 15 years the index marched on Friday adding another 36 points (0.61%) closing at 5,092. The index got a big boost from Amazon.com which jumped a whopping 14% after it reported a surprise […]
Equities and the Economy Good morning and happy National Hairball Awareness Day. U.S. equities posted modest gains yesterday but it was good enough for the Nasdaq to close at its highest level in 15 years! Whoo-hoo! The tech heavy index rose 21 points (0.4%) ending at 5,056 surpassing the 15 year high set on March […]
Equities and the Economy Good morning and happy National Talk Like Shakespeare Day. U.S. equities ended higher yesterday after a choppy day of trading. The Dow closed up 89 points and once again over 18,000 at 18,038. The S&P 5000 added 11 to 2,108. The Nasdaq finished 21 points higher at 5,035 which is just […]
Equities and the Economy Good morning and Happy Earth Day. Yesterday U.S. equities mostly failed to follow through on Monday’s gains. I say mostly because the Nasdaq did rise 20 points to 5,014 lifting the index to near record levels getting a boost from M&A activity in the biotech sector. We all know how investors […]
Equities and the Economy Good morning and happy National Cheeseball Day. U.S. equities ended very slightly lower yesterday than Wednesday with the Dow off 7 to 18,106, the S&P 500 down 2 to 2,105 and the Nasdaq ending 3 lower to 5,008. The Dow was up 57 points at one time during the day but […]
Equities and Economy Good morning. As we all know, today is tax filing deadline day. Well it’s also National Take a Wild Guess Day! Think there’s a correlation?! By the way, on this day 103 years ago the Titanic sunk. Hope that’s not an omen for stocks! U.S equities closed mixed with the Dow and […]
Equities and the Economy Good morning and happy National Sibling Day. U.S. equities ended a choppy session yesterday with modest gains helped by a rally in energy and the healthcare sectors. Trading was tight ranged with the Dow closing up 56 at 17,958, the S&P 500 adding 9 to 2,091 and the Nasdaq closing 24 […]
Equities and the Economy Good morning. U.S. stocks have been meandering the last couple of days closing slightly down on Tuesday (although the price action on that day was terrible) and closing slightly up yesterday. As Richard Dawson used to say “Survey Says” Dow up 27 to 17,903, S&P 500 up 6 to 2,082 and […]
Equities and the Economy Good morning. For over 80% of the day things were looking pretty darn good with the Dow up an average of 80 points for that time frame. And then the bottom just fell out. There was no major news. Sellers just came in. So instead of a nice, descent up day […]
