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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Dow posts a second consecutive record high. • S&P 500 and Nasdaq close unchanged. It was a small gain but enough for the Dow to close at a record high for a second consecutive day rising 32 points to 20,101. After closing at record highs Tuesday and Wednesday the S&P […]
Equities and the Economy: • Dow breaches 20,000. • All three major indexes set new highs. U.S. equities closed at all-time highs yesterday with the Dow, after meandering for a month and a half just below 20,000, breaking through that level. 20,000 really doesn’t mean anything technically (not significant number to technicians) but it is […]
Equities and the Economy: • S&P 500 and Nasdaq close at record highs. • Dow 20,000 back in play. A solid round of corporate earnings and a positive batch of PMI’s boosted investors’ confidence bringing in buying pushing the S&P 500 and Nasdaq to record highs. The S&P closed up 15 points, 0.66%, at 2,281 […]
Due to mild weather, slowing residential and commercial demand, and near-record level storage inventories, natural gas monthly and annual prices for 2016 were the lowest since the late 1990’s. While it is not too late to take advantage of the low-price environment for natural gas, the EIA is expecting prices to be higher in 2017. […]
Equities and the Economy: • U.S. stocks continue to meander. • Volume very low. The major U.S. equity index closed lower yesterday with the Dow falling 37 to 19,800, the S&P 500 off 6 to 2,265 and the Nasdaq closing down a scant 2 points at 5,553. Chatter. Trading volumes are extremely low, not just […]
Equities and the Economy: • Dow ends 5 session skid. • Market remains range bound. After five consecutive losing sessions U.S. stocks finished higher on Friday with the Dow closing up 95 points, 0.48%, the S&P 500 adding 8, 0.34%, ending at 2,271 and the Nasdaq climbing 15 points, 0.28%, ending at 5,555. However, caution […]
Equities and the Economy: • Dow closes lower for 5th consecutive day. • S&P still up 5.8% since November 8th election. U.S. equities fell for a 5th consecutive session yesterday. The Dow closed down 73 points at 19,732, the S&P lost 8 to 2,264 and the Nasdaq settled 16 points lower at 5,540. This is […]
Equities and the Economy: • Caution prevails. • U.S. indexes closed mixed. Caution remained the order of the day with another choppy day for U.S. equities. The Dow closed down 22 points at 19,805 while the S&P 500 and Nasdaq closed 4 and 17 points higher at 2,272 and 5,556, respectively. Over the past month […]
Equities and the Economy: • U.S. stocks on the defensive yesterday on hard Brexit. • Still range bound trading. While you were sleeping Monday night UK Prime Minister Theresa May gave her much anticipated speech regarding the UK leaving the European Union stating Britain is looking for a clean break from the EU. Investors viewed […]
Equities and the Economy: • Dow and S&P 500 fall marginally for the week. Nasdaq up about 1%. • U.S. consumer feeling pretty good. U.S. stocks ended little changed on Friday although the tech heavy Nasdaq continues to be the workhorse. The Dow fell 5 points to 19,886 while the S&P 500 gained 4 […]
