[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks withered early gains and fell sharply in the last hour of trading, as the major indexes closed lower, breaking a two-day bunny hop winning streak. April has always been a volatile month, as investors are typically on edge in advance of Q1 earnings season. First-quarter earnings season kicks off Wednesday as …
Markets Full Steam Ahead To Begin The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets All major indexes closed higher to kick off the week of March 9th, apparently bullish on some tech stocks, Apple (AAPL) in particular. More details came out today on Apple’s newest gadget – The Apple Watch. Apple is looking to extend its dominance on mobile devices with the new gadget which Cook …
Dead Cat Bounce Takes Markets For A Ride
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a wild and bumpy ride on Wall Street today. Volatility continued, and we saw the Dow swing back and forth to the tune of 400 points before closing in the red. Early gains were largely driven by upbeat investor sentiment reacting to Alcoa (AA) posting a top notch earnings report, …
Big Price Swings/Oil Take Markets Lower
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Volatility continues to be the name of the game thus far in 2015. Major indexes saw huge price swings, however, all of them closed the day in the red. The culprit impacting markets most seemed to once again be oil. Oil prices dropped another 5% today to close at $46.07 per barrel, …
Nothing Smells Good As Markets Nosedive; Domestic TTI Remains On the Bullish Side—For The Time Being
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets took a nosedive and were covered in red today. All major indexes dropped more than 1.5%, as concern about the European economy and upcoming U.S. corporate earnings reports sent the Dow Jones industrials to its biggest loss in more than three months. The IMF added to bearish sentiment today as …
Markets Snap Losing Streak; Airlines ‘Take Off’ Again
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks broke their two-day losing streak today as investors became encouraged by better-than-expected earnings reports from Alcoa (AA). All of the major indexes gained. In other earnings news, shares of The Container Store (TCS) dropped 9% after the specialty retailer reported earnings below expectations and said it was experiencing a retail “funk.” …