[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks tumbled during an ugly session as the Dow dropped and the S&P 500 slid back into the red for the year. A sharp drop in oil prices were the partial culprit for today’s decline. Energy shares led the decliners for a second straight day as oil prices tumbled again after a …
A Quiet And Mixed Tuesday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today was a relatively lackluster scene on Wall Street, wherein the Nasdaq finished a bit lower and the S&P 500 and Dow a bit higher. Apple (AAPL) moved markets a bit early on in the day, shortly after a report was released from Credit Suisse which hinted that the company has decreased …
Stocks Slide To Begin The Week; Q3 Earnings Still Not Impressive; Domestic TTI Slips And Touches Its Trend Line
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks slipped to kick off a new week of trading. It seemed as if investors are adjusting their portfolios for a likely interest rate hike from the Fed in December after an allegedly strong reading on jobs growth in October. All indexes fell about 1% on the day. With third quarter earnings …
Equities Directionless Before Jobs Report
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a see-saw kind of day with no clear direction, as tomorrow’s looming jobs report kept traders on edge. We saw small gains and small losses before settling slightly below the unchanged line. On the horizon continues to be the “will they or will they not” scenario about a possible rise …
First Day Of Losses In November; Fed To Blame?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were trending upwards throughout the early part of the day, but fell after Fed Chair Janet Yellen said that a rate hike at its December meeting is a genuine possibility. The drop snapped a two day rally that pushed the Dow back into positive territory for the year. The Dow is …
Dow Moves Back In Black
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks gained as Wall Street continued trucking higher on the previous day’s rally that sent the Dow back into the black for the year. Traders focused mostly on more earnings reports and corporate deals as they debated whether Monday’s stock market surge was the start of a lasting year-end rally. Equities, which …