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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and happy Cellophane Tape Day. After a week of choppiness with new highs for equities, albeit on below average volume and barely above old highs, conviction returned to the markets yesterday and unfortunately it was of the negative variety. In fact “negative” does not do justice to the destruction […]
Equities and the Economy Good morning and happy National Blueberry Cheesecake Day. On Friday U.S. stocks traded like they had all week, choppy, with the Dow closing down 54 points at 18,232, the S&P 500 off 5 to 2,126 and the Nasdaq closing down 2 at 5,089. The results for the week reflected the week’s […]
Equities and the Economy Good morning and happy National Don’t Fry Day (which is always the Friday before Memorial Day. Sounds like the grill manufacturer lobby’s been at work!). For the fourth consecutive day equities meandered although the Nasdaq got a nice pop climbing 19 (0.38%) to 5,091. The Dow closed flat to Wednesday at […]
Equities and the Economy Good morning and happy National Strawberries and Cream Day. It was another choppy session yesterday as modest post-Fed minutes gains evaporated by day’s end. The Dow lost 27 points to 18,285, the S&P 500 fell 2 to 2,126 while the Nasdaq squeaked out a gain of 2 to 5,072. There wasn’t […]
Equities and the Economy Good morning and happy National Be a Millionaire Day. U.S. stocks waffled all day yesterday between small gains and small losses. Although both the Dow and S&P 500 hit new intraday record highs only the Dow closed in the green adding 13 points to 18,312 setting a second consecutive record closing […]
Equities and the Economy Good morning and happy National Devil’s Food Cake Day. The Dow and S&P 500 marched to another record high yesterday fed by fruit. The fruit was Apple which rose 1.1% and was the biggest factor for the rise of the three major indexes. The numbers were: Dow closed up 26 points […]
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 […]
