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Europe: +44 (0) 207 198 1634 Good morning. What’s seems like eons ago to traders, equities closed nicely, not hugely but nicely, higher on Friday with the Dow up 63 to 16,606, the S&P 500 adding 8 to 1,901 and the Nasdaq tacking on 31 to 4,186. By the way, that was a record high for the S&P. The thinly traded […]
Good morning. Green arrows all around yesterday with the Dow up 10 to 16,543, the S&P 500 adding 5 to 1,892 and the Nasdaq closing 23 higher at 4,154. And good news. The Russell 2000 far outperforming the other 3 indexes with a 0.93% gain. Very importantly, the Russell will begin tomorrow’s affair within 5 […]
Good morning. Talk about volatility! After getting racked on Tuesday and losing 137 points, the Dow gained all that back and more yesterday gaining 159 points. Talk about volatility! All with a net gain of 22 points over the two days. That price actions seems to be the theme of the year. The S&P 500 […]
Good morning. Disappointing earnings from retailers Staples, Dicks’ Sporting Goods, Urban Outfitters and others couples with comments from Philadelphia Fed Reserve President Irving Plosser sent U.S. equities in a tail spin yesterday with the Dow falling a material 137 points, 0.8%, to 16,374, the S&P 500 losing 12, 0.65%, to 1,873 and the Nasdaq finishing […]
Good morning. Yesterday stocks added small gains to the small gains they had on Friday. But a gain is a gain is a gain and much better than the alternative. The Dow closed up 21 at 16,512, The S&P 500 added 7 ending at 1,885 and the Nasdaq rose 35 to 4,126. On a bright […]
Good morning. On Friday the major indexes spent much of the day meandering around unchanged but rallied in the last hour of trading with the Dow closing up 45 points ending at 16,491, the S&P 500 gaining 7 to 1,878 and the Nasdaq rose 21 to 4.091. I really liked we had a positive day on Friday. The […]
Good morning. U.S. stocks fell from their record highs yesterday with the Dow falling 101 points. 0.61%, to 16,614, the S&P losing 9, 0.47%, to 1,889 and the Nasdaq once again leading all the indexes lower down 30 points, 0.72%, to 4,101. To refresh your memory, the S&P is coming off three straight daily advances […]
Good morning. U.S. equities were static yesterday with the Dow rising 20 to 16,715, the S&P 500 up 1 and the Nasdaq down 14 to 4,130. But of significance was the market’s movement on Monday which you may not have heard about because there was no Morning Energy Report yesterday. As a matter of background, […]
