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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. U.S. stocks finished the Easter shortened week on a marginally positive note breaking two sessions of material losses. The Dow closed up 65 points at 17,763 and both the S&P 500 and Nasdaq added 7 points with the former ending at 2,067 and the latter 4,887. Now you may […]
Equities and the Economy Good morning. U.S. stocks closed lower for the second consecutive day yesterday with the Dow falling 78 to 17,698, the S&P 500 losing 8 to 2,060 and the Nasdaq closing down 21 to 4,880. The impetus for the decline was clearly fundamental. Yesterday ADP released its private sector payrolls report which […]
Equities and the Economy Wow! Wow. And more Wow! And Yahoo! Driven by a combination of not so subtle hints from the Bank of China of impending QE, some positive economic news in Europe, numerous pharmaceutical mergers were announced before the open and some positive housing data here in the states, U.S. stocks materially higher […]
Equities and the Economy Good morning. Before I get into discussing equities and the economy I want to discuss the Fed. I have been writing about the Fed, its actions and the implications of its actions since the inception of my Morning Energy Report seven years ago. I was doing research over the weekend and […]
Equities and the Economy Good morning. It was a see-saw day for U.S. equities yesterday with the major indexes ending slightly lower with the Dow off 40 points to 17,678, the S&P 500 lost 5 to 2,056 and the Nasdaq was again the laggard down 13 to 4,863. Unfortunately for us yesterday marked the 4th […]
Equities and the Economy Good morning. Purge. Heave. Hurl. I’m not talking about a body’s response after consuming too much alcohol but the analogy applies to equities yesterday. And don’t look at your 401K. You ain’t gonna like it. After yesterday we are all going to have to work a little longer. So how bad […]
Equities and the Economy Good morning. It’s been one day up and one day down for U.S. equities, until yesterday, and unfortunately it was two days down. All the major indexes close for the second consecutive day with the Dow falling 105 points (0.58%) to 18,011, the S&P 500 off 13 points (0.61%) to 2,092 […]
Equities and the Economy Good morning. For a while there I thought we just might get our first consecutive up days in two weeks for the Dow was trading in the green the entire day but then in the last 20 minutes selling came in out of nowhere and the index fell 57 points resulting […]
Equities and the Economy Good morning. Friday continued the see-saw pattern we’ve witnessed lately with U.S. equities closing sharply higher following a sell-off on Thursday with the Dow climbing 168 points (0.94%) and once again over 18,000 to 18,127. The S&P 500 gained 19 (0.90%) to 2,108. The Nasdaq jumped 34 (0.68%) ending at 5,026 […]
Equities and the Economy Happy first day of Spring! It just seems we can’t get any momentum in stocks. Literally it’s one day up and the next day down. After the big Fed induced rally on Wednesday U.S. stocks retreated on Thursday with the Dow falling 117 points (0.65%) and back below 18,000 to 17,959 […]
