[Chart courtesy of MarketWatch.com] 1. Moving the Markets Major indexes broke their two day losing streak today. All of them closed in positive territory, pushed higher by updated news of the euro zone’s quantitative easing program. The ECB will officially begin a 1 trillion euro bond-buying program on March 9th. President Mario Draghi indicated during a press conference today that …
Indexes Pull Back
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street this week is getting a mix of job-related data that will shed light on whether the stormy winter weather, West Coast port strike and continued troubles in the oil patch took a bite out of the U.S. job-creation machine in February. It is disappointing overall, given that all 3 major …
Equities Fall Led By Tech Stocks
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Just a day after the Nasdaq hit its highest mark in 15 years the markets turned downward. The S&P 500, Dow and Nasdaq all retreated from record highs. We saw some great numbers come in for auto sales in the month of February. Apparently, big snowfall and freezing temperatures had little impact …
March Greets Investors With A Spring Sprint
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were in a tizzy today because the Nasdaq closed above 5,000 for the first time since 2000. In addition, the dollar has been raging upwards in valuation over the past couple of months and closed today at an 11 year high on expectations that the Fed may raise interest rates later …
Going Nowhere
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After a gang-buster month, it’s no surprise to see the markets meander a bit before the last trading day of February arrives tomorrow. Barring any major sell-off, the Dow and S&P 500 are on track for their best monthly performance in more than 3 years. Falling oil prices put the energy sector …
Stocks Unchanged—GOOG Vs MSFT Continues
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks teetered back and forth most of the day only to close relatively unchanged. The Dow was the only index that posted gains, which were nominal but a continued path of record numbers. Eyes were on Janet Yellen today in her second day of Capital Hill testimony; however, her comments did not …