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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. After being closed for three days U.S. markets reopened yesterday and by judging the numbers at the close, Dow up 4 to 17,515, S&P 500 up 3 to 2,023 and Nasdaq up 20 to 4,655, one might think it was a yawner of a day. Au contraire. It was […]
Equities and the Economy Good morning. As I’m sure you are fully aware, the U.S. markets were closed yesterday for the holiday so let’s review happened Friday and last week. In summary it was a roller-coaster week. On Friday the Dow shot up 191 points to 17,512, the S&P 500 climbed 27 to 2,019 and […]
Equities and the Economy Good morning. It ain’t good folks. I just ain’t good. Yesterday was the 5th straight losing session for U.S. stocks with the Dow losing 16 points (0.61%) ending at 17,321, the S&P 500 down 19 (0.92%) to 1,993 and the Nasdaq dropping 69 (1.48%) to 4,571. The S&P is now down […]
Equities and the Economy This one really, really hurt. After two losing sessions we were getting a great rebound yesterday morning with the Dow up as much as a huge 282 points in the first hour of trading. But as I’ve so often said, it’s the closes, not the opens, that count and as we’ve […]
Good morning. After two good days U.S. equities once again started their march south with the Dow losing a very material 171 points (0.95%). The S&P 500 fell 17 (0.84%) to 2,042 and the Nasdaq dropped 32 (0.68%) ending at 4,704. The Labor Department’s Employment report for December was the excuse. On the surface the […]
Good morning. Wow! Another spectacular day for U.S. stocks. The Dow jumped a huge 323 points (1.84%) closing at 17,908, the S&P 500 jumped 39 points (1.79%) and the Nasdaq leapt 86 (1.84%) to 4,736. In the last two days the S&P has gained 3% retracing most of the 4.2% loss in the previous 5 […]
Good morning. Some good economic news and a rare rise in oil prices gave U.S. equities their first gain of 2015 which has been the worst start to a year since 2008. From the futures before the opening through the opening bell and to the close stocks were strong with the Dow posting a “sigh […]
Good morning. Our stock portfolios and 401K’s took another pounding yesterday with U.S. equities once again getting hammered. The Dow closed down 130 points (0.74%) at 17,372, the S&P 500 lost 18 (0.9%) to 2,003 and the Nasdaq fared the worst dropping 60 (1.3%) to 4,593. It was the 5th straight losing session for both […]
Good morning. Horrible, horrible start to the year for equities. Yesterday stock markets worldwide got absolutely clobbered in an indiscriminate sell-off triggered by a renewed plunge in crude oil prices and a surging U.S. dollar. The Dow lost a stinging 331 points (1.86%), the S&P 500 closed down 37 (1.18%) and the Nasdaq fell 74 […]
Good morning. Welcome back one and all. I truly hope you had a wonderful holiday and could spend time with your loves ones. The last Morning Energy Report was on Tuesday December 30th reflecting the price action of the day before so let’s see what’s happened in 4 calendar days and 3 trading days. Last […]
