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Europe: +44 (0) 207 198 1634 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. 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 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 After a three day hot streak the dice came up 7 and U.S. stocks crapped out with the Dow losing 189 points, 1.14%, ending at 16,432, the S&P 500 fell 25 points, 1.26%, to 1,921 and the Nasdaq closed down 67, 1.46%, at 4,504. I bet you can guess what’s being […]
Equities and the Economy After a day of bivouacking on Friday U.S. stocks surged yesterday with the Dow popping a very nice 229 points, 1.40%, ending at 16,621, the S&P 500 rose 28, 1.47%, to 1,946 and the Nasdaq closed up 67, 1.48%, at 4,571. As it has for months now, Wall St. followed the […]
Equities and the Economy Friday was the second consecutive sedate day for U.S. equities with the Dow closing down 21 at 16,392 while the S&P 500 finished exactly at its Thursday close of 1,918 and the Nasdaq managing a gain of 16 to 4,504. That being said, because Tuesday and Wednesday were such great days […]
Equities and the Economy After three days of big gains U.S. equities took the day off yesterday trading on either side of unchanged all day. The Dow fell 41 points to 16,413, the S&P 500 lost 9 to 1,918 and the Nasdaq ended off 46, 1.02%, at 4,488. The latter got hit with the biotechnology […]
Equities and the Economy Whoo-hoo! Yesterday we had our first three day win streak in 2016, and biggest three day gain since August, with all the major indexes materially rising helped by stronger oil prices and some encouraging economic news. The Dow screamed higher by a big 258 points, 1.59%, to 16,454, the S&P 500 […]
Equities and the Economy Equities roared strong for a second consecutive session adding to last Friday’s gains. The Dow popped a big 223 points, 1.39%, and back over 16,000 to 16,196. The S&P jumped 31, 1.65%, to 1,896 and the Nasdaq was the big winner rising a whopping 2.27%, 98 points, to 4,435. I like […]
