[Chart courtesy of MarketWatch.com] 1. Moving The Markets The stock market opened full steam ahead on Thursday and showed no signs of a pullback. The Nasdaq led index gains today up 0.55%, while the S&P rose 0.21% and the Dow squeezed out a 0.06% increase. The Nasdaq was propelled upwards today by a surge in biotech stocks. The Nasdaq biotech …
Markets End A Pinch Higher; A Look At Interest Rate Reaction
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks etched up higher today to kick-off the week of Feb. 10. Trading was fairly light today most likely due to the fact that Janet Yellen is scheduled to make her first congressional testimony tomorrow. Why would investors be awaiting such an event? Well, many believe that the Fed might be having …