US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Equities and the Economy: • Stocks end materially lower. • Unexpectedly weak earnings from Goldman Sachs and Johnson & Johnson to blame. I’ve been telling you that S&P 500 P/E ratios are lofty and a company’s earnings better come in at expectations or its stock will get pounded, and that’s exactly what happened yesterday, at […]
Equities and the Economy: • Investors risk appetite increases after risk-off holiday weekend. • U.S. stocks bounce back. After three sessions of losses putting the indexes at two month lows on Thursday U.S. equities rallied hefty yesterday with investors putting back on the risk they’d taken off before the holiday weekend. The Dow rose a […]
Equities and the Economy: • Major stock indexes close lower on Thursday for 3rd consecutive session. • All three indexes post weekly losses. It was a lousy Thursday with the major equity indexes taking it on the chin in the holiday shortened week. The Dow lost 139 points, 0.7%, finishing at 20,453, the S&P 500 […]
Equities and the Economy: • Price action subdued yesterday. • Investors digesting Syrian attack. U.S. stocks ended little changed yesterday with the Dow posting a 15 point gain to 20,663, the S&P 500 closing 5 points higher at 2,357 and the Nasdaq rising 14 points to 5,879. Forget yesterday for as everyone reading my Blog […]
Equities and the Economy: • U.S. stocks close higher on upwardly revised Q4 2016 GDP. • Nasdaq logs 21st record high. The Commerce Department reported revised Q4 2016 GDP data yesterday noting GPD for the quarter rose 2.1%, up from the previously reported 1.9%. The rise was due to increased consumer spending which rose 3.5% […]
Equities and the Economy: • Stocks end little changed. • Dow down 9 of last 10 sessions. Nasdaq closes up for 4th consecutive day. Muted price action was the order of the day yesterday. That being said, the Dow, which closed 42 points lower at 20,659, posted its 9th loss in 10 sessions. At the […]
Equities and the Economy: • Dow closes lower for 8th straight day. • Yesterday could have been a lot worse. Yesterday the Dow fell 46 points, 0.2%, to 20,551 marking its 8th consecutive day of losses not seen since way back in August 2011. But it could have been much, much worse for at one […]
Equities and the Economy: • Major indexes closed little changed. • Dow posts 5th consecutive losing session. After falling more than 1% on Tuesday, the first time that’s happened in 109 days, U.S. equities closed little changed from the day prior. However, the Dow did post its 5th consecutive loss closing down 7 points at […]
Equities and the Economy: • Stocks consolidating. • S&P still up 6.3% for the year. A day after the Fed announced a ¼% rate hike and U.S. equities jumping, stocks treaded water yesterday with the Dow closing down 16 at 20,935 and the S&P 500 off 4 to 2,381. The Nasdaq managed to post a […]
Equities and the Economy: Fed raises interest rates as widely expected. Fed guidance dovish. For the third time since the financial crisis began, the second time in three months and the first time this year, the Fed raised interest rates. Yesterday increase was a widely expected ¼% taking the benchmark overnight interest rate to a […]
