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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and happy National Pecan Sandies Day. It was an very good day on Wall Street yesterday and although the major indexes closed well off their highs I’ll take a day like yesterday all day every day. The Dow gained 104 points (0.58%) ending at 18,120, the S&P 500 climbed […]
Equities and the Economy Good morning and happy National Chocolate Éclair Day. I was travelling last week and the last Morning Energy Blog was Tuesday reflecting Monday’s market action so let’s see what transpired since that time. Last Monday the Dow, S&P 500 and Nasdaq closed at 17,791, 2,084 and 5,030. On Friday the Dow […]
Equities and the Economy Good morning and happy Eat Your Vegetables Day. Vegetables are all I’m going to be able to afford if this keeps up. The Dow fell 108 points (0.6%) to 17,791, the S&P 500 lost (0.48%) to 2,084 and the Nasdaq declined 21 (0.42%). The headlines continue to be dominated by events […]
Equities and the Economy Good morning and happy National Lobster Day. Nobody on Friday could justify having lobster for dinner with all three indexes getting pounded. The Dow lost 140 points (0.78%) to 17,898, the S&P 500 fell 15 (0.70%) to 2,094 and the Nasdaq dropped 32 (0.62%) to 5,051. European stocks got hammered even […]
Equities and the Economy Good morning and happy National Peanut Butter Cookie Day. There were a few fundamental economic reports out yesterday which pushed stocks higher. The most important was the Commerce Department’s Retail Sales report which showed May sales were up 1.2% which although below economists’ forecast of 1.3%, were up for the third […]
Equities and the Economy Good morning and happy National Making Life Beautiful Day. And it was a beautiful day for the equity markets and your stock portfolio yesterday with the Dow for the first time in five days closing higher, up a big 237 points, 1.33%, to an even 18,000, and returning to positive territory […]
Equities and the Economy Good morning and happy National Black Cow Day (aka Root Beer Float). U.S. equities closed virtually unchanged from Monday yesterday in a choppy session with the main indexes giving up earlier modest gains. The Dow closed down 3 points at 17,764, the S&P 500 added 1 to 2,080 and the Nasdaq […]
Equities and the Economy Good morning and happy National Donald Duck Day. U.S. equities continue to slip with all the major indexes ending lower yesterday. The Dow fell 83 points (0.5%), the S&P 500 lost 14 (0.7%) and the Nasdaq really took in on the chin losing 47 points (0.9%) to 5,022. The equity anchor […]
Equities and the Economy Good morning and happy Name Your Poison Day. The last Morning Energy Blog was published last Wednesday reflecting Tuesday’s market action so let’s see what’s transpired since that time. On Tuesday the Dow closed at 18,012, the S&P 500 at 2,110 and the Nasdaq at 5,077. On Friday the three indexes […]
Equities and the Economy Good morning and happy Repeat Day. Good morning and happy Repeat Day. It was another choppy day with day traders pushing the market up and down looking for stops, which they didn’t find. The range of the day was 167 points but stocks ended up pretty much unchanged from Thursday with […]
