US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Equities and the economy Crazy day yesterday. U.S. equities opened lower and it looked like we were going to have a 6th consecutive day of losses but around noon eastern time the Dow tuned positive on the day and continued to rally into the close turning a bad day into a good one. The Dow […]
Equities and the economy The risk-off sentiment continued yesterday with commodity prices falling, bond and gold prices rising and equity prices falling. Yesterday the Dow fell 35 points, closing at 17,640, the S&P 500 lost 4 to 2,072 and the Nasdaq settled down 9 at 4,835. Similar to Tuesday, the losses yesterday were marginal but […]
Equities and the economy U.S. stocks closed lower for a 4th consecutive day yesterday marking the Dow and S&P 500’s longest losing streak since the market lows in February. That being said, the damage to your 401K was slight. The Dow lost 58 points, 0.33%, to finish at 17,675, the S&P fell 4 points ending […]
Equities and the economy Ever since seeing new record highs in their sights last week the major indexes have been on been on the defensive. Yesterday U.S. equities closed lower for the third consecutive day with the Dow falling 133 points, 0.74%, to 17,732, the S&P 500 lost 17 points, 0.81%, finishing at 2,079 and […]
Equities and the economy Led by higher oil prices and energy shares the Dow and S&P 500 finished marginally higher yesterday coming within striking distance of new all-time highs. The Dow gained 18 points finishing at 17,938 after briefly topping 18,000 for the first time since April. The S&P closed up 3 points at 2,112 […]
Equities and the economy Our Fed Chairperson, Janet Yellen, spoke yesterday painting a mostly upbeat picture of the economy conceding that the May payrolls data was disappointing but adding it is only one data point which does not make a trend. She stated interest rates are forthcoming but gave no clue as to when. All […]
Equities and the economy As mentioned in Friday’s Blog, the headline data was the horrible May jobs report noting only 38,000 jobs were added in May. Putting into perspective how bad this report was, when the report was released the CNBC reporter reading the data said, “We seem to have lost a digit somewhere.” The […]
Equities and the economy Yesterday was a repeat of Tuesday with stocks beginning the day lower and clawing back to close pretty much unchanged. The Dow closed up 2 points at 17,790, the S&P 500 added the same ending at 2,099 and the Nasdaq finished up 4 at 4,952. As I’ve stated too many times, […]
Equities and the economy It was a bumpy day yesterday with the major indexes closing mixed. The Dow lost 86 points, 0.48%, closing at 17,878, the S&P 500 hung in there ending down just 2 points at 2,097 and the Nasdaq actually posted a nice gain of 15 points, 0.29%, finishing at 4,948. The end […]
Equities and the economy Good morning and I hope you had a great holiday weekend. U.S. stocks finished the week on a positive note with the Dow closing up 45 at 17,873, the S&P 500 adding 9 points to 2,099 and the Nasdaq closing up 32 points at 4,934. The major bourses had their best […]
