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Europe: +44 (0) 207 198 1634 Equities and the Economy U.S. stocks closed marginally higher yesterday, but in my opinion it was quite a positive performance. The reasoning is after coming off a huge up day on Tuesday stocks didn’t pull back, even after trading slightly in the red for most of the day. That’s called good price action. For the […]
Equities and the Economy I’ve been telling you the 1,950 level basis the S&P 500 was resistance, and we got through that yesterday and when we did it was as if a wound up tightly spring was released and we rocketed up with U.S. equities having a great day! So how good was it? Just […]
Equities and the Economy U.S. stocks took a small step backward yesterday. The Dow fell 123 points, 0.73%, to 16,517, the S&P 500 ended off 16, 0.82%, to 1,932 and the Nasdaq fell 0.71%, 32, to 4,558. Really just a flesh wound. Looking at the indexes from a longer term perspective, which is how most […]
Equities and the Economy It was a sedate day Friday with U.S. stocks beginning the day on a positive note trading higher but ending mixed held back by marginally lower oil prices but more so a stronger dollar. When the closing bell rang the Dow was off 57 to 16,640, the S&P 500 settled 4 […]
Equities and the Economy Another good day! Like’n it! The Dow continued its climb closing up 212 points, 1.29%, at 16,697, the S&P 500 ended up 22, 1.15%, at 1,952 and the Nasdaq added 39, 0.87%, to 4,582. The second consecutive day of gains for stocks was helped by a 3% jump in oil prices […]
Equities and the Economy Today’s Blog will be shorter than normal because I had a meeting this morning which is delaying the Blog. U.S. equities closed marginally higher yesterday with the Dow up 53 points to 16,485, the S&P 500 closing 9 at 1,929 and the Nasdaq up 39 to 4,542. That isn’t much, but […]
Equities and the Economy After a three day hot streak the dice came up 7 and U.S. stocks crapped out with the Dow losing 189 points, 1.14%, ending at 16,432, the S&P 500 fell 25 points, 1.26%, to 1,921 and the Nasdaq closed down 67, 1.46%, at 4,504. I bet you can guess what’s being […]
Equities and the Economy After a day of bivouacking on Friday U.S. stocks surged yesterday with the Dow popping a very nice 229 points, 1.40%, ending at 16,621, the S&P 500 rose 28, 1.47%, to 1,946 and the Nasdaq closed up 67, 1.48%, at 4,571. As it has for months now, Wall St. followed the […]
Equities and the Economy Friday was the second consecutive sedate day for U.S. equities with the Dow closing down 21 at 16,392 while the S&P 500 finished exactly at its Thursday close of 1,918 and the Nasdaq managing a gain of 16 to 4,504. That being said, because Tuesday and Wednesday were such great days […]
Equities and the Economy After three days of big gains U.S. equities took the day off yesterday trading on either side of unchanged all day. The Dow fell 41 points to 16,413, the S&P 500 lost 9 to 1,918 and the Nasdaq ended off 46, 1.02%, at 4,488. The latter got hit with the biotechnology […]
