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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. Crazy is an understatement for Friday’s price action! So how crazy was it??? Friday was the most volatile single day for the S&P 500 and Dow in four years, specifically, October 4, 2011! And the great news was that it was for the good! Early in day after the […]
Equities and the Economy As I suspected and mentioned in Wednesday’s Morning Energy Report, U.S. equities were lackluster yesterday with Dow falling 13 points to 16,272, the S&P 500 inching up 4 to 1,924 and the Nasdaq 7 to 4,627. The numbers at the closing bell were all chatter but intraday traders really tried hard […]
Equities and the Economy HOORAY! Finally a good day for equities. No, check that. A great day! Following big gains in Asia equities, U.S. stocks closed out Q3 hugely higher with the Dow gaining a hefty 236 points, 1.47%, closing at 16,285, the S&P 500 climbing 36, 1.91%, to 1,920 and the Nasdaq led all […]
Equities and the Economy After getting unabashedly bludgeoned for 7 trading sessions healthcare stocks rebounded yesterday giving the S&P 500 its first gain in 6 days, although it was hardly something to write home to mom about. The S&P 500 gained a tiny 2 points closing at 1,884, the Dow did marginally better adding 47 […]
Equities and the Economy Good morning. Not a good day folks. Not a good day at all. U.S. equities followed European stocks lower with the latter closing down between 2.12% and 2.76% while stocks here in the U.S. fell about the same. When the bloodletting was over the Dow lost 313 points, 1.92% closing at […]
Equities and the Economy Good morning. Friday was a very mixed day for U.S. equities. The Dow ended the week on a positive note closing up 113 points, 0.7%, at 16,215, the S&P 500 closed just about unchanged, down 1 point, and the Nasdaq got hammered falling 1.03%, 48 points, ending at 4,686. The Dow […]
Equities and the Economy Good morning. Make that the last 5 out of 6. I’m talking about the number of days U.S. stocks have traded lower. The Dow closed down 79 points, 0.48%, at 16,201, the S&P 500 fell 7, 0.34%, to 1,932 and the Nasdaq was off 18, 0.38%, ending at 4,734. My friends, […]
Equities and the Economy A morning rally in U.S. equities fizzled out in the afternoon and stocks closed lower on the day with the Dow down 51 points to 16,280 and the S&P 500 and Nasdaq both losing 4 points closing at 1,939 and 4,753, respectively. It could have been a much worse day for […]
Good morning. After Monday’s head fake getting us excited with the gains equities resumed their downward trend from last Friday with the Dow closing 179 points, 1.09%, lower at 16,330, the S&P lost 24, 1.23%, to 1,943 and the Nasdaq closed ended down 72, 1.50%, at 4,757. Now the good news is that as a […]
Good morning. After mass liquidation of length on Friday following the Fed’s decision on Thursday not to raise interest rates it was an about-face yesterday with risk once again in vogue yesterday. The Dow rose 126 points, 0.77%, closing at 16,510, the S&P 500 added 9, 0.46%, to 1,967 and the Nasdaq inched up 2 […]
