ECB Cuts Rates To -0.10%; Amazon Has Something Stirring

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[Chart courtesy of MarketWatch.com] 1. Moving The Markets Up, up and away the markets continued to climb today reaching record higher ground. The S&P 500 gained 0.63% with the Dow not far behind posting 0.59% gains, but, of course, the Nasdaq stole the show gaining 1.04% on the day. The day’s gains were broad, with all ten S&P 500 sectors …

You Can’t Keep A Good Stock Index Down

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[Chart courtesy of MarketWatch.com] 1. Moving The Markets Well, stocks came roaring back today after a solemn Tuesday. The S&P 500 once again closed in record territoryas the chart above shows. The service sector was a leading gainer, as we received a report that showed U.S. service firms grew more quickly as production, hiring and new orders increased. All are …

Equities End Winning Streak; Gold Closes Higher

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[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks pulled back a tad, snapping a record breaking streak since last Friday. All major indexes gave back some of their recent gains. Although we saw a drop today, markets have been trending up over the past two weeks. M&A activity regained their share of headlines, especially the recent Hillshire-Jimmy Dean-Tyson Foods-Pilgrim’s …

Apple Fails To Impress; S&P And Dow Continue Marching Forward

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[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 and Dow both kept moving forward to new record highs today, while the Nasdaq limped to the finish line to close in the red. The S&P 500 realized its 15th record close of 2014, and the Dow posted its 6th record close of the year. There was a folly …

Stocks Back On Track; Is Apple Hip Enough To Sport Beats By Dre?

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[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks were back on track today, with the S&P breaking back through record territory and the Dow approaching historical highs. The Dow is now within a scant 17 points of its all-time closing high of 16,715.44. It was all about recent economic updates we received today. The latest economic data that came …

Stocks Pull Back; Revised GDP Numbers On Deck

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[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks pulled back today and decided to take a breather after hitting record highs during the previous two trading days. The S&P 500 closed out the day slightly down with the Dow and Nasdaq also ending in negative territory. Amongst the movers and shakers today was Toll Brothers Inc. (TOL) Toll Brothers …