[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a lively day in the stock market today with equities making a major rebound from the disappointing performance so far this week. In fact, the major indexes nearly regained all of the losses since the start of the week. Until today, the markets were subdued by emerging market turbulence alongside …
Equity Markets Drop Again; Gold Glitters
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Fed announced today that it will reduce its monthly bond buying plan by an additional $10 billion, despite signs of turmoil across emerging markets recently. The announcement added volatility to the markets today and thus global and domestic equity markets fell accordingly as the chart above shows. Boeing Co. (BA) led …
Bouncing Back
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets made a soft rebound today after closing in the red yesterday. The Dow was up 0.57%, The S&P up 0.61% and the Nasdaq up 0.35% Apple (AAPL) took a big hit today falling 8% after it released its Q4 numbers. AAPL volume was nearly triple the daily average as investors did …
Developing Country Worries? Never Fear, The U.S. Is Here!
[Chart courtesy of MarketWatch.com] 1. Moving The Markets There was not much good news from the markets today, but not much terrible news either. It seems that fearful investors are selling off equities worldwide due to shaky economies and plunging currencies in the developing world. While the sell-off in the U.S. has not been as notable as in Europe or …
Major Indexes End In The Red Zone; A Good Day For Netflix
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. equities closed in the red zone today amid sub-par economic data from China. Microsoft and Starbucks experienced notable gains (after hours) after releasing favorable updated company earnings data. One of Thursday’s largest gainers was Netflix Inc. (NFLX). The stock gained 16% (from $333 to $388) on the day after releasing internal …
Icahn Proposes Ebay Paypal Split; Outlook For Mining ETFs
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Nasdaq hit a new 13-year high today, while the S&P posted modest gains and the Dow fell about 0.3%. IBM’s (IBM) 3% drop was a heavy blow to the Dow. Today was a great day for eBay (EBAY), Netflix (NFLX) and F5 Networks (FFIV) after releasing their quarterly earnings for Q4 …