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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. It was an ugly day for U.S. stocks yesterday. The Dow fell 254 points, 1.44%, ending at 17,448, the S&P was off 29, 1.40%, to 2,046 and the Nasdaq closed down 62, 1.22%, at 5,005. The S&P closed lower for the 6th time in 7 sessions. As I’ve been […]
Equities and the Economy As I suspected, with it being Veteran’s Day yesterday and the bond market and banks closed, U.S. equities really didn’t do much. Trading was directionless and when the final bell rang the Dow was off 56 at 17,702, the S&P 500 closed down 7 at 2,075 and the Nasdaq fell 16 […]
Equites and the Economy U.S equities closed mixed to higher on Friday digesting the Labor Department’s Employment Situation report. The Dow gained 47 to 17,910 and the Nasdaq climbed 19 to 5,147 while the S&P 500 lost a point. Although the S&P fell, all three major indexes posted their 6th straight week of gains with […]
Equities and the Economy As I suspected, U.S. equities did nothing yesterday closing ever so marginally lower with investors waiting for today’s Labor Department’s Employment Situation report for October. The Dow fell a meaningless 5 points to 17,863, the S&P 500 closed down an also meaningless 2 to and even 2,100 and the Nasdaq lost […]
Equities and the Economy Good morning. U.S. equities added to their gains of October and the first trading session of November with the Dow climbing 89 points, 0.50%, to 17,918, the S&P 500 adding 6, 0.28%, to 2,110, and the Nasdaq adding 18, 0.35%, to 5,145. Investors liked the data that 1) the U.S. auto […]
Equities and the Economy Good morning. U.S. stocks lower for a second consecutive day but it was a flesh wound with the Dow down 48 to 17,169, the S&P 500 off 12 to 2,109 and the Nasdaq closing 41 lower at 4,840. All the major indexes were flat to positive all day until the final […]
Equites and the Economy Good morning. Excellent, excellent, excellent day yesterday! The Dow rose a whopping 217 point, 1.28%, finishing at 17,142, the S&P 500 added a very material 30 points, 1.49%, closing above the big psychological 2000 figure at 2,024 and the Nasdaq rose a huge 87 points, a big 1.82%, at 4,870. Yesterday’s […]
Equities and the Economy It was a choppy session Friday but U.S. managed to eke out gains with the Dow closing up 34 points at 17,084, the S&P 500 up 1 to 2,105 and the Nasdaq performing the best adding 20 points to 4,830. It was a very, very good week amigos! The S&P logged […]
Equities and the Economy Good morning. Crazy is an understatement for Friday’s price action! So how crazy was it??? Friday was the most volatile single day for the S&P 500 and Dow in four years, specifically, October 4, 2011! And the great news was that it was for the good! Early in day after the […]
Equities and the Economy As I suspected and mentioned in Wednesday’s Morning Energy Report, U.S. equities were lackluster yesterday with Dow falling 13 points to 16,272, the S&P 500 inching up 4 to 1,924 and the Nasdaq 7 to 4,627. The numbers at the closing bell were all chatter but intraday traders really tried hard […]
