US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Good morning. At this time yesterday morning things were looking pretty bleak with all the Asian, European and U.S. markets all down materially. It was even worse during the regular session with the S&P 500 down as much as 1.3%, 218 points!, lower on the day. But bargain hunters came in on the pulverized energy […]
Good morning. It may be the holiday season but it was bah-humbug yesterday in the equity markets with U.S. stocks suffering their biggest one day slide in nearly 7 weeks with the Dow closing down 106 points, 0.6%, at 17,852, the S&P 500 losing 15, 0.75%, at 2,060 and the Nasdaq down 40, 0.84%, at […]
Good morning. It’s absolutely amazing to me what one single report can do! On the coattails of a blowout jobs report Friday U.S. equities jumped, bond prices fell, the U.S. dollar leapt and gold got whacked. The Dow and S&P 500 hit new highs on an intraday basis but lost traction in the afternoon backing […]
Good morning. U.S stock prices ended yesterday pretty much flat to Wednesday with the Dow off 12 points to 17,900, the S&P 500 down 2 to 2,071 and the Nasdaq closing at 4,769, 5 points lower. I’d normally say “chatter” but it was a little scary intraday when the Dow was down 100 points! Then […]
Good morning. The Dow and S&P 500 set another both intraday and closing high yesterday with the former adding 33 points to 17,913 and the latter 8 points to 2,074. I’m about to give you staggering statistic. This year the Dow has closed at a record high 48 times and the S&P 33 times! If […]
Good morning. U.S. stocks bounced nicely from Monday’s losses yesterday driven by fundamental news. Yesterday the Dow climbed a nice 103 points closing at 17,880, the S&P 500 jumped 14 to 2,067 and the Nasdaq was up 29 to 4,756. Driving equities higher was positive news on the construction front with spending rising a stout […]
Good morning. Once again the Dow and S&P 500 set record highs but by the barest of margins. The Dow added a mere 8 points to 17,818 and the S&P gained 6 to 2,069. The bellwether S&P has risen 7 of the last 8 days and has gained 12% this year. Remember, this is after […]
Good morning. Equities around the world got a one-two punch for global growth on Friday! Kudos go to Mario Draghi but even more to the People Bank of China (PBOC). Mr. Draghi, President of the ECB, stated on Friday the economy in the eurozone was weaker than had been feared and inflation lower than had […]
Good morning. World markets slipped. Japan’s yen fell to another 7 year low. And the Dow and S&P 500 hit record highs again with the former closing 33 points higher at 17,719 and the latter adding 4 points to 2,053. This was a nice rebound for when I wrote this report yesterday morning Dow futures […]
Good morning. After hitting new highs on Tuesday U.S. equities slipped back yesterday but the damage was extremely minor. The Dow lost 2 to 17,686, the S&P 500 ended down 3 to 2,049 while the Nasdaq fared much worse shedding 27 points to 4,676. Not bad considering the S&P has hit 8 record highs and […]
