[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks traded modestly lower Monday as Wall Street kicked off a big week with investors eyeing Cyber Monday sales, a key bankers meeting in Europe Thursday that could result in more stimulus efforts and the monthly U.S. jobs report on Friday. Heading into today’s trading session, which marks the final day …
Going Nowhere
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a slow pre-Holiday session with the major indexes trending to the upside intraday but ending just about unchanged. Volume was extremely low. Economic data were mixed but Wall Street still believes that the Fed remains on track to raise rates. All eyes are on next week’s jobs report which, should …
Major Indexes Stay Afloat Amidst Terrorism
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The 3 major u.s. benchmarks eked out small gains today by the closing bell, as geopolitical risk weighed on financial markets. The shooting of a Russian fighter jet by turkey entrenched the post-paris terrorism threat and coming interest rate hikes on wall street’s worry list today. The latest geopolitical flash drove stock …
Markets Quiet After Booming Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street, coming off its best weekly gain of the year, which was preceded by its worst one, kicked off the Holiday-shortened week in a cautious mood, as investors digested a record deal in the pharmaceutical space and kept a close eye on Europe, where the terrorism threat remains real. It seems …
Stocks Remain In Flux; Keurig & Smucker Gain
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Of course, the potential interest rate hike remains on everyone’s mind as we head into 2016. However, whether or not the rate hike will take place still remains TBD but, more importantly, how will the markets react? Given the global economic landscape, I don’t think a hike is a given at this …
Markets Hold Strong Despite Paris Event; Is A New Domestic “BUY” In The Making?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Financial markets have held up well so far this week after the attacks in Paris Friday that sparked global concern about the economic impact of terrorism. Stocks moved higher Wednesday after the release of the Fed minutes of October, as the Dow logged a third straight day of gains and the S&P …