[Chart courtesy of MarketWatch.com] 1. Moving the Markets Investors remained largely on the sidelines today, with sell-offs occurring throughout the markets in general. The S&P 500 barely gained 0.01%, the Nasdaq rose 0.05% and the Dow squeezed out a 0.08% gain. Time Warner (TMX) reported Wednesday that its second quarter net income rose 10% to $850 million as the robust …
International Tensions Push Equities Lower; International TTI Close To A Sell
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed lower with all 10 S&P 500 sectors losing. Energy was the biggest S&P 500 loser on the day, dropping 2.1%. Ukraine tensions were mostly to blame throughout headlines, as we heard today that Russian troops were massing near the Ukraine border. Groupon Inc. (GRPN) fell 16% in after-hours trading. The …
Equities Attempt To Recover; New Macbook Pros Anyone?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks recovered a bit from some of the losses that were suffered last week. Investors were encouraged by positive corporate earnings announcements, including Berkshire Hathaway (BERK). The S&P 500 posted a 0.72% gain, the Dow rose 0.46% and the Nasdaq also added a 0.72% gain on the day. In tech news, Apple …
Major Indexes In Detour Mode; TTIs Remain On The Bullish Side
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Nothing goes up forever, so the inevitable was bound to happen sooner or later. The last day of the month was as good as any for the S&P 500 to not only post its worst loss since April but also its first monthly decline since January. The other major indexes pulled back …
GDP Numbers Bode Well For Economic Outlook
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, the GDP numbers came in today and it was all good news. Prior to the opening bell, the government reported that the economy grew at a robust 4% annual pace in the April-June period, which smashed economists’ estimates of 3% growth. This was a sharp rebound from a 2.1% contraction in …
Stocks Relatively Flat On Monday; M&A News Takes Majority Of Headlines
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks dropped early on, but were able to cut losses and end mostly positive by the end of the day. The Dow gained 0.1%, the S&P 500 index rose a fractional 0.03%, and the Nasdaq lost 0.1% on the day. Most of the headlines today centered on M&A deals. The dollar store …