[Chart courtesy of MarketWatch.com] 1. Moving the Markets After a volatile session to kick off the week Monday, U.S. stocks surged today as Wall Street attempts to gauge the market’s next move amid a recent stall in momentum after a sizable rally off of the lows in February. If you are looking for a reason to support the rally, there …
Markets Remain In Limbo
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The U.S. stock market, currently riding a two-week losing streak amid signs of fading momentum after a big rally off the market lows back in February, kicked off the new week with mixed results and little signs of breaking out to the upside. Oil dropped a bit, there was some news on …
May Proving To Be Unpredictable
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks struggled to stay above ground today. Early morning movement was positive, however, roller coasters go up and they go down. The Dow was the only major index to finish in positive territory on the day. U.S. produced crude prices are on the rise again as raging forest fires in Alberta, a …
Stocks Continue Slide Through Mid-Week As Bad News Is Bad News.
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks fell again, which is in line with the trend for the week thus far as for a long overdue change bad news is recognized as bad news. Investors are pondering weaker-than-expected readings on job creation in the private sector last month, mixed with good news on the services sector of …
Bummer Of A Tuesday After Hyped Monday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks fell on Tuesday, following weak manufacturing data from China. Stocks reversed course and gave back all of the solid gains achieved on Monday. The lack of economic growth, here in the U.S., which I have alluded to in the past, continues to put a damper on financial markets. U.S. GDP, …
Positive Start To May After Hectic April
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today marks the first trading day of May, and ushers in what has historically been the worst six-month stretch for stocks. And while there’s no denying that history shows the May-through-September period delivers far lower stock returns than the more bullish October-through-April time frame, implementing this rather extreme market-timing approach to investing …