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Europe: +44 (0) 207 198 1634 Equities and the economy After two spectacular days U.S. stocks bivouacked with the Dow closing down 23 points at 17,828, the S&P 500 closing flat to Tuesday at 2,090 and the Nasdaq ending at 4,090, up 7 points. All the definition of “chatter.” Considering the big move we had I call this a victory. Even […]
Equities and the economy I’ve been travelling on business the last two days, and maybe I should do it more often, because the last two days have been fantastic for equities, and your 401K! After posting a huge gain of 214 points on Tuesday the Dow added another 145 points yesterday marking a gain of […]
Equities and the economy Another not-so-good day for stocks yesterday with the Dow falling 91 points, 0.5%, finishing at 17,435, the S&P 500 closing down 7, 0.4%, at 2,040 an the Nasdaq was off 27, 0.6%, to 4,713. It could have been worse. At one point during the day the Dow was down 197 points! […]
Equities and the economy Lockhart and Williams scared the crap out of investors yesterday. Dennis Lockhart and John Williams are the presidents of the Atlanta and San Francisco Fed’s, respectively, and in separate statements said there could be 2 or 3 interest rate hikes this year with June being a meeting where action could be […]
Equities and the economy The bulls beat up on the bears on Tuesday and the bears beat up on the bulls on Wednesday and yesterday they both left the battlefield and went back to their corrals and their caves and licked their wounds. The Dow rose 9 points to 17,720, the S&P 500 closed flat […]
Equities and the economy U.S. stocks rebounded from early losses on Friday to close higher with the Dow ending up 80 points, 0.45%, at 17,741, the S&P 500 adding 7, 0.32%, to 2,057 and the Nasdaq closing at 4,736, up 19, 0.4%. The major event Friday was the Labor Department jobs report which showed the […]
Equities and the economy Although there was some intraday volatility U.S. equities did what I expected and mentioned in my Blog yesterday which was that stocks would close little changed from Wednesday as investors waited for today’s Labor Department employment report. The Dow closed up 9 at 17,661, the S&P 500 closed flat to Wednesday […]
Equities and the economy Boy does it feel like “sell in May and go away.” U.S. equities closed lower yesterday with the Dow off 100 points, 0.6%, to 17,651, the S&P 500 lost 12 points, also 0.6%, to 2,051 and the Nasdaq dropped 38 points, 0.8%, to 4,726. Once again though, and this is a […]
US Production of natural gas has been increasing over recent years, faster even than US consumption of natural gas. However, the excess production is resulting in an increase in exports and by mid-2017 the US is expected to become a net exporter of natural gas. Source: U.S. Energy Information Administration, Natural Gas Monthly U.S natural […]
Equities and the economy Not a good day for equities yesterday. Not at all. Specifically, it was the worst day in the last two months. The Dow lost 211 points, 1.2%, finishing at 17,831, the S&P 500 fell 19 points, 0.9%, to 2,076 and the Nasdaq dropped 58, 1.2%, to close at 4,805. Some blame […]
