[Chart courtesy of MarketWatch.com] 1. Moving the Markets After nosing into the red in late-morning trading, all three major benchmarks climbed back into the black to close the day. Analysts are eyeing the key 2000 level on the S&P 500 index, as that level now is viewed as a ceiling of sorts for stocks as they look to rebound further. …
Markets Mixed While Awaiting Earnings Season
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After a strong five-day rally that lifted the major U.S. stock indexes well off their lows hit in August, equities ended mixed as Wall Street reassessed the outlook for stocks for the rest of 2015. Healthcare stocks led the decline in the S&P, while a rally in Dupont’s stock (DD) helped keep …
Stocks Roar Back; American Apparel Business Model Fails
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks kicked off the week in rally mode Monday as investors view a Federal Reserve interest rate hike this year as less likely after Friday’s weak jobs report raised questions about the pace of U.S. growth. Third quarter earnings season kicks off this week when Alcoa (AA) reports on Thursday. Analysts are …
Markets Fairly Quiet To Kick Off Q4
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mixed after cutting early losses as Wall Street kicked off the fourth quarter with investors struggling to put the worst quarterly decline in four years behind them. Wall Street is heading into the final three months of the year still trying to gauge the impact of a slowing economy in …
Markets Up—But Stocks Worst Qtr In 4 Years
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended sharply higher on the last day of a rough third quarter, but that shouldn’t overshadow the fact that Wall Street still posted its worst quarterly performance in four years, a quarter in which both of our Trend Tracking Indexes (TTIs) closed below their long-term trend lines, and in bear market …
Equities Finally Hold Ground On Healthcare Stocks And Consumer Confidence
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended in mixed territory after choppy trading as Wall Street staged a partial rebound from Monday’s sharp sell-off that edged the U.S. market closer to its 2015 lows hit in late August. The S&P 500 and Dow both stayed in positive territory, while the Nasdaq slipped further into the red. Markets …