[Chart courtesy of MarketWatch.com] 1. Moving The Markets The stock market pulled back today after a solid six consecutive days of gains. The S&P 500 dropped 0.24%, the Dow finished down 0.07% and the Nasdaq led the pack dropping 0.83% on the day. Apple (AAPL) captured headlines today after reporting that it sold 43.7 million iPhones in Q1, which was …
Keep Those Corporate Earnings Reports Coming!!
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stock markets continued their rally today, driven largely by positive corporate news and earnings announcements. The major indexes all gained as the chart above shows. The health-care sector led the eight of ten S&P 500 sectors that finished higher on the day. Driving health-care gains was the news from the pharmaceutical …
Markets Close The Week On Top As Positive Corporate Earnings Continue
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stock markets will be closed tomorrow in observance of Good Friday, so today was the last day of trading for the week. The direction continued upwards with 2 out of the 3 major indexes ending on the plus side with small gains. General Electric (GE), Morgan Stanley (MS) and PepsiCo (PEP) all …
Equities Continue Trending Upward On Positive U.S. And China News
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. markets are up for a third day in a row. Investors drove stock prices to their highest level in a week today, encouraged by a crop of corporate earnings and reassuring U.S. and Chinese economic data. Yahoo (YHOO) presented the public with a positive earnings report late Tuesday that ignited big …
Markets Continue Their Rollercoaster Ride; China’s Gold Appetite
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 rose today, along with all ten industry sectors. While the markets have rebounded well over the past two days, all three major indexes remain down for the month and the year. We saw positive earnings reports from both Coca-cola (KO) and Johnson & Johnson (JNJ) today as traders remain …
Markets Regain Footing On Positive U.S. Retail Sales Data
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets here in the U.S. rallied today after as investors gained confidence from the strong report on March retail sales we received. U.S. retail sales recorded their largest increase in 1.5 years in March, a bigger gain than had been anticipated and the latest sign that the economy is doing well. The …