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Europe: +44 (0) 207 198 1634 Good morning. After two good days U.S. equities once again started their march south with the Dow losing a very material 171 points (0.95%). The S&P 500 fell 17 (0.84%) to 2,042 and the Nasdaq dropped 32 (0.68%) ending at 4,704. The Labor Department’s Employment report for December was the excuse. On the surface the […]
Good morning. Wow! Another spectacular day for U.S. stocks. The Dow jumped a huge 323 points (1.84%) closing at 17,908, the S&P 500 jumped 39 points (1.79%) and the Nasdaq leapt 86 (1.84%) to 4,736. In the last two days the S&P has gained 3% retracing most of the 4.2% loss in the previous 5 […]
Good morning. Some good economic news and a rare rise in oil prices gave U.S. equities their first gain of 2015 which has been the worst start to a year since 2008. From the futures before the opening through the opening bell and to the close stocks were strong with the Dow posting a “sigh […]
Good morning. Our stock portfolios and 401K’s took another pounding yesterday with U.S. equities once again getting hammered. The Dow closed down 130 points (0.74%) at 17,372, the S&P 500 lost 18 (0.9%) to 2,003 and the Nasdaq fared the worst dropping 60 (1.3%) to 4,593. It was the 5th straight losing session for both […]
Good morning. Horrible, horrible start to the year for equities. Yesterday stock markets worldwide got absolutely clobbered in an indiscriminate sell-off triggered by a renewed plunge in crude oil prices and a surging U.S. dollar. The Dow lost a stinging 331 points (1.86%), the S&P 500 closed down 37 (1.18%) and the Nasdaq fell 74 […]
Good morning. Welcome back one and all. I truly hope you had a wonderful holiday and could spend time with your loves ones. The last Morning Energy Report was on Tuesday December 30th reflecting the price action of the day before so let’s see what’s happened in 4 calendar days and 3 trading days. Last […]
Good morning. It was a “nothing day” yesterday on very light volume and with no major economic reports U.S. equities ended little changed from Friday. The S&P 500 closed 2 points higher at 2,091. The Nasdaq ended literally flat to Friday at 4,807 and the Dow lost 15 to 18,038. All chatter, although with the […]
Good morning. The last publication of the Morning Energy Report was on December 19th discussing the market action of December 18th so 10 calendar days have passed and 5 trading sessions. During this time we’ve had a heck of a holiday rally with the Dow climbing 699 points, 4%, the S&P 500 climbing 76 points, […]
Good morning. WOW! What a good day! How good was it? It was so good the stock market went MAD! MAD is when the Dow logs a major accumulation day which is defined as a session when the up volume on the NYSE is at least 9 times more than the down volume. Yesterday was […]
Good morning. Well the equities markets are definitely working on a “correction.” Stocks have fallen for three consecutive days with the S&P 500’s loss yesterday of 17 points, 0.85%, to 1973. Its now fallen 5% from its record high put in on December 5th. I don’t know about you but it sure has felt more […]
