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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and happy Buffalo Soldiers Day (Bob Marley. Eh, mon). On the heels of a massive capitulation of the Chinese stock market equities around the world got crushed yesterday including, unfortunately, U.S. equities. When you woke up yesterday China’s Shanghai index had closed down a huge 8.48% (biggest one day […]
Good morning. It’s been almost a week since the last Morning Energy Blog being I was travelling the last four business days with my last report last Monday reflecting Friday July 17th’s price action. As a matter of reference, on that day the Nasdaq closed at a record high of 5,201, the Dow was at […]
Equities and the Economy Good morning and happy Wrong Way Corrigan Day (Google that). It was a good day on Wall Street yesterday with major indexes around the globe closing higher including those here in the U.S. The Dow climbed 70 to 18,120, the S&P 500 added 17 to 2,124 and the Nasdaq rose 64 […]
Equities and the Economy Good morning and happy Corn Fritters Day. After four up sessions U.S. equities gave up a smidgeon yesterday with the Dow off 4 points to 18,050, the S&P 500 down 2 to 2,107 and the Nasdaq closing 6 points lower at 5,099. All the indexes were nicely in the green early […]
Equities and the Economy Good morning. On below average volume U.S. equities posted their 4th consecutive session of gains yesterday with the Dow closing up 76 points (0.42%) at 18,054, the S&P 500 adding 9 (0.45%) to 2,109 and the Nasdaq up 33 (0.66%) to 5,105. Yesterday’s Dow performance was enough to get the index […]
Equities and the Economy Investors sighed a breath of relief as the world averted a Grexit increasing their appetite for risk buying riskier assets and pushing stock prices around the world higher. Oh, and Chinese stocks rose as the government continues to manipulate the stock market there. The day’s gains were broad with the Dow […]
Equities and the Economy Good morning. Whoo-hoo and whoo again! And again! Financial markets around the world surged on Friday after Greece tabled a fresh package of reforms to creditors with investors taking the developments that the new plan could finally spell the end of the dramatic stand-off that shut the Greek financial system down […]
Equities and the Economy Good morning and happy Pina Colada Day (Google Rupert Holmes). On the heels of a big rebound in Chinese stocks and a continued strength in European stocks U.S. equities bounced back from Wednesday’s horrific sell-off with the Dow closing up 33 points, the S&P 500 adding 5 to 2,051 and the […]
Equities and the Economy Good morning. It was Armageddon here in the U.S. yesterday. Although European stocks staged a rally after 4 consecutive losing days Asian shares, especially the crash that’s going on in China, and the Greek matter crushed U.S. stocks. The main indexes saw selling pressure all day and ended the day near […]
Equities and the Economy Good morning. Wow! What a wild ride yesterday! U.S. equities staged a dramatic finish Tuesday after a vicious morning of selling ending the session with modest gains. The Dow finished up 93 (0.53%) at 17,777, the S&P 500 rose 12 (0.59%) to 4,997 and the Nasdaq climbed 5 (0.10%) to 4,997. […]
