[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were in a tizzy today because the Nasdaq closed above 5,000 for the first time since 2000. In addition, the dollar has been raging upwards in valuation over the past couple of months and closed today at an 11 year high on expectations that the Fed may raise interest rates later …
Going Nowhere
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After a gang-buster month, it’s no surprise to see the markets meander a bit before the last trading day of February arrives tomorrow. Barring any major sell-off, the Dow and S&P 500 are on track for their best monthly performance in more than 3 years. Falling oil prices put the energy sector …
Stocks Unchanged—GOOG Vs MSFT Continues
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks teetered back and forth most of the day only to close relatively unchanged. The Dow was the only index that posted gains, which were nominal but a continued path of record numbers. Eyes were on Janet Yellen today in her second day of Capital Hill testimony; however, her comments did not …
Continuing The Ascent
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed at record highs once again Tuesday as investors reacted positively to remarks from Janet Yellen and Greece won EU approval for its proposed budget reforms. Yellen, in her semi-annual speech before the Senate banking committee, used a word familiar to investors when she reiterated that the central bank will be …
Mixed Closing To Start Out The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed mixed Monday as the Dow retreated from a record high but the Nasdaq managed to extend its winning streak to a ninth straight day. The S&P 500 was basically flat as oil prices fell back below $50 a barrel. In economic news, sales of existing homes fell 4.9% in January …
Stocks Close Mixed; Apple Interested In Tesla?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks closed with mixed results on the day amid corporate earnings and economic data. In earnings news, EOG Resources (EOG) declined after reporting earnings that missed analyst’s estimates, while Priceline (PCLN) closed up over 8% after posting better-than-expected earnings for its fourth quarter. As part of the good economic news today, …