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Europe: +44 (0) 207 198 1634 Equities and the Economy U.S. stocks snapped their five day win streak closing lower dragged down by falling oil prices and concerns about a prolonged slowdown in the Chinese economy. The Dow fell 110 points, 0.64%, to 16,964, the S&P 500 dropped by 23, 1.12%, to 1,979 and the Nasdaq was off 59, 1.26%, to […]
Equities and the Economy It wasn’t much, but it was enough to sustain the rally for a 5th consecutive session, at least for the Dow and S&P 500. The Dow gained 67 points closing at 17,074 and the S&P added 2 to 2,002 (note that recently we’ve been bumping up at the 2,000 resistance level). […]
Equities and the Economy U.S. stocks wobbled on Friday but managed to close in the green and mark a 4th session of gains. The Dow closed up 63 breaking the 17,000 market (whoo-hoo!) closing at 17,007, the S&P 500 added 7 points to close right at 2,000 (resistance) and the Nasdaq finished 10 points higher […]
Equities and the Economy U.S. equities chalked up a third day of gains yesterday with the Dow closing 45 points higher at 16,944, the S&P 500 adding 7 to 1,993 and the Nasdaq ending up 4 points at 4,707. Once again, the price action was positive with the indexes trading negative the first half of […]
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 […]
