[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks broke out of a two-day losing streak today as the S&P 500, Dow and Nasdaq all gained. The Dow got a boost today from a strong earnings report posted by Coca-Cola (KO). Coke topped earnings-per-share expectations by 2 cents on better-than-expected revenue of $10.87 billion. Shares of the stock jumped up …
The World Drags Down Domestic Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Concerns about the world economy dragged U.S. stocks lower on Monday with worries mounting over Greece’s standoff with its creditors. Greece’s defiant new government is waging a high-stakes poker game with its European lenders it seems. These games could go on forever though, as we all know. According to Barclays, risk assets, …
Let’s Keep The Bulls Running
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bulls continued charging forward this Thursday. The start to the year for stocks was a downer, but a February renaissance for stocks continued, as all three major indexes rocketed back into positive territory. Today, investors plowed money back into stocks following a slump the week before, encouraged by a 4% jump …
Stocks End Mixed Amidst Renewed Oil Drop
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed mixed in volatile trading as oil prices broke a four-day rally and plunged almost 9%. In addition, investors pulled back amid concerns over a mixed batch of economic and earnings reports and news that the European Central Bank lifted a waiver on using Greek debt as collateral. Crude oil’s four-day, …
Equities Continue To Rally On Jump In Oil Prices
[Chart courtesy of MarketWatch.com] 1. Moving the Markets February is so far proving to be a healthy antidote to a dismal start to 2015. The market gains continued today on top of Monday’s strong rally as the Dow jumped almost 200 points, putting its two-day total to 501 points. That’s the best two-day gain for the blue-chip index since Jan. …
Stocks Post Late Day Rally To Kickoff February
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The first month of 2015 was not kind to stocks. Based on the S&P 500 performance, stocks were 3% lower. January has been known for setting the tone for the rest of the year, but fear not, because the markets tend to do well in February given that they have gained an …