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Europe: +44 (0) 207 198 1634 Equities and the Economy I should travel more often. I’m out of the office and stocks rally. Yesterday was my second full day in the office in two weeks and equities fall. Yesterday the Dow fell 78 points, 0.4%, closing at 18,493, the S&P 500 lost 7 points, 0.3%, ending at 2,168 and the Nasdaq […]
Equities and the Economy: I’ve been out of the office travelling on business for the last four business days and based upon what the stock market has done, I should travel more. Last week both the S&P 500 and Dow set new record highs and the Nasdaq closed at a 2016 high. On Friday the […]
Equities and the Economy: U.S. stocks eked out very small gains yesterday but it was enough to push the Dow and S&P 500 to fresh all-time closing highs and although the Nasdaq didn’t set a record high, it did close at its high for 2016. The numbers were Dow up 17 points to 18,533, the […]
Equities and the economy: As is said in Texas, I’m back in the saddle after being out of the office last week and it’s times like these that give me the opportunity to look a little more at forest rather than the trees. A week ago Friday’s Blog noted that on Thursday, July 7th, the […]
Equities and the Economy For a change, U.S. stocks were pretty quiet yesterday closing mixed. While the Dow and S&P had marginal losses, 23 points to 17,986 and 2 points 2,098, respectively, the Nasdaq had a decent day rising 18 points ending at 4,877. It could have been worse for the Dow was down 100 […]
Equities and the Economy If you were an equity day trader yesterday it was a chop fest and most probably you lost money. After opening lower and being down as much as 127 points around noon eastern, stocks found some buyers, moved higher all afternoon and closed at their highest levels of the day. The […]
Equities and the economy Investors and traders must have overloaded on hamburgers, hot dogs and BBQ on July 4th because they had no appetite for risk yesterday selling equities in Europe and the U.S. breaking a 4 session rally. The Dow fell 109 points, 0.61%, closing at 17,841, the S&P 500 500 lost 14 points, […]
Equities and the economy On Friday U.S. stocks booked a 4th consecutive gain with the Dow adding 19 points to 17,949, the S&P 500 gaining 4 to 2,103 and the Nasdaq rising 20 points to 4,863. The Dow came within a whisker of its pre-Brexit close of 18,011 before retreating in the afternoon. The S&P […]
Equities and the economy Brexit??? More like Brexwhat! U.S. stocks continued higher for the third consecutive day with the Dow popping 235 points, 1.33%, to 17,930, the S&P 500 gaining 28 points, 1.36%, ending at 2,099 and the Nasdaq rising 63, 1.33%, to 4,843. We just had the best 3 day gain in stocks since […]
Equities and the economy Brexit. What Brexit?! Yesterday European and U.S. stocks posted a second consecutive day of super gains with the Dow climbing 285 points, 1.64%, to 17,695, the S&P 500 rose 35 points, 1.70%, ending at 2,071 and the Nasdaq finished up 1.86%, 87 points, at 4,779. Over the last two days the […]
