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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and happy National Nylon Stocking Day. It was a fantastic day for U.S. stocks yesterday with the Dow pushing up a big 192 points (1.06%) higher, the S&P 500 adding 23 (1.07%) to 2,121 and the Nasdaq jumping 69 (1.39%) ending at 5,051. And along the way the S&P […]
Source: U.S. Energy Information Administration, Electric Power Monthly, Short-Term Energy OutlookEIA’s most recent Short-Term Energy Outlook forecasts that the amount of electricity generation fueled by natural gas in April and May will total just 3.5% less than the projected amount of coal-fired generation. This convergence has occurred only once before, in April 2012, when natural gas fueled just 1.5% less generation than […]
Equities and the Economy Good morning and happy National Dance Like Chicken Day (and it’s not even Oktoberfest!). U.S. Equities closed virtually unchanged yesterday from Tuesday losing early gains with the Dow off 8 to 18,060, the S&P 500 down 1 to 2,098 and the Nasdaq actually closed up 6 to 4,982. All the indexes […]
Equities and the Economy Good morning and happy National Crouton Day. U.S stocks closed lower yesterday for the second consecutive day with the Dow off 37 points to 18,068, the S&P 500 closed down 6 to 2,099 and the Nasdaq shed 17 to 4,876. And you should take that loss and go home. Why? Because […]
Equities and the Economy Good morning and happy National Nutty Fudge Day. After a spectacular Friday U.S. equities retreated somewhat yesterday with the Dow falling 86 points (0.47%) to 18,105, the S&P 500 dropping 11 (0.52%) to 2,105 and the Nasdaq hanging in there slipping only 10 (0.19%) to 4,994. Volume was very light being […]
Equities and the Economy Good morning and happy National Twilight Zone Day. Last week was like the Twilight Zone with stocks with the volatility off the charts. Early in the week stocks got crushed only to come roaring back on Friday on the heels of the Labor Department’s Employment Situation Report rallying hugely with the […]
Equities and the Economy Good morning and happy No Socks Day (should have told you this yesterday!). What you all saw yesterday was equities bounce back somewhat with the Dow adding 83 (0.46%) to 17,924, the S&P 500 up 8 (0.38%) to 2,088 and the Nasdaq close up 26 (0.53%) to 4,946. But to use […]
Equities and the Economy Good morning and happy National Barrier Awareness Day. It was the third straight of equities around the world selling off. Here in the U.S. where we care the most the Dow fell 86 (0.48%) to 17,842, the S&P 500 lost 9 (0.45%) to 2,080 and the Nasdaq closed down 19 (0.39%) […]
Equities and the Economy Good morning and happy No Diet Day. It was a very lousy day on Wall Street with the S&P 500 suffering its biggest one day percentage decline in six weeks falling 25 points (1.2%) to 2,089. The Dow stunk it up too losing 142 points (0.8%) and once again below 18,000 […]
Equities and the Economy Good morning and happy Cinco de Mayo (cerveza fria, pour favor!). U.S. stocks finished modestly higher yesterday extending Friday’s gains albeit on less than normal volume. The Dow climbed 46 to 18,070, the S&P 500 closed up 6 at 2,114 and the Nasdaq finished at 12 at 5,017. The only piece […]
