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Europe: +44 (0) 207 198 1634 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 […]
Equities and the Economy Good morning and happy National Bubba Day. U.S. stocks eked out gains yesterday with the Dow closing 29 points higher at 18,040, the S&P 500 adding 5 to 2,112 and the Nasdaq climbing 13 to 5,083. Economic data was mixed starting with consumer spending flat in April. This zero growth followed […]
Good morning and happy National Heimlich Maneuver Day. We needed a Heimlich Friday for the marked choked. The Dow fell 115 points to 18,101, the S&P 500 lost 13 ending at 2,107 and the Nasdaq fell 28 closing at 5,032. All of the indexes lost 0.6%. For the week they lost 1.2%, 0.9% and 0.4%, […]
Equities and the Economy Good morning and happy Paperclip Day (I guess it’s only fair paperclips have their day being cellophane had its day on Wednesday). U.S. stocks ended slightly lower yesterday with the Dow falling 37 points to 18,126, the S&P 500 lost 2 to 2,121 and the Nasdaq was off 9 to 5,098. […]
Equities and the Economy Good morning and happy National Brisket Day. U.S. equities rallied nicely yesterday from the catastrophe on Tuesday with the Dow gaining 121 points (0.67%) ending at 18,163, the S&P 500 added 19 (0.89%) to 2,123 and the Nasdaq was the leader of the day closing up 74 (1.48%) at 5,107. That’s […]
Equities and the Economy Good morning and happy Cellophane Tape Day. After a week of choppiness with new highs for equities, albeit on below average volume and barely above old highs, conviction returned to the markets yesterday and unfortunately it was of the negative variety. In fact “negative” does not do justice to the destruction […]
A modest number of consumers strategically reducing their demand for electricity in Texas on only five total days in 2012 and 2013 could have reduced power costs for all consumers in the state more than $200 million, according to an analysis completed by SPEER. SPEER evaluated the market price impact of an incremental amount of […]
Equities and the Economy Good morning and happy National Blueberry Cheesecake Day. On Friday U.S. stocks traded like they had all week, choppy, with the Dow closing down 54 points at 18,232, the S&P 500 off 5 to 2,126 and the Nasdaq closing down 2 at 5,089. The results for the week reflected the week’s […]
Equities and the Economy Good morning and happy National Don’t Fry Day (which is always the Friday before Memorial Day. Sounds like the grill manufacturer lobby’s been at work!). For the fourth consecutive day equities meandered although the Nasdaq got a nice pop climbing 19 (0.38%) to 5,091. The Dow closed flat to Wednesday at […]
