[Chart courtesy of MarketWatch.com] Moving the Markets Some earnings disappointments pulled the rug out from under the major indexes causing them to drop around -0.5% across the board. The big losers were Chipotle (CMG) and AMD, which tanked -14.58% and -13.47% respectively. Also weighing on the markets were Boeing, Goldman, IBM and Caterpillar. Looking at the big picture, all S&P …
Oil Prices Drag Markets Lower
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended down Tuesday but cut early sharp losses as financial markets came under pressure for a second straight day from volatile oil prices. Oil prices fell 6% Monday and dropped as much as 2.7% to $36.64 a barrel in early trading today before reversing course and closing at $37.60 a barrel. …
Stocks Begin November With A Bang And A New Buy Signal For Domestic Equities
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks kicked off November with nice rally as investors reacted to a batch of corporate deals, fresh economic data and anticipate another big week of corporate earnings. For first time since Aug. 18 the S&P 500 closed above 2100. The index is now at 2104.05 nearing its all-time closing high of …
Indexes Slide Further Amidst Big Name Earnings Reports
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After suffering mild losses the day before, U.S. stocks fell deeper in the red today as traders encountered another big day of earnings reports, with blue chip names Coca-Cola, Boeing, American Express and General Motors releasing third-quarter results. In earnings news, Coca-Cola (KO) profit fell in the third quarter but earnings still …
Stocks Continue To Rally From Friday; No New Ebola Cases Over The Weekend
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. markets are coming off another wild week of trading, where the Dow saw its most volatile period since 2011. The S&P 500 ended the day up 0.91%, the Dow gained 0.12% after a late-day rally and the Nasdaq posted a 1.35% gain. Investors have been nervous over the spread of Ebola …
Stocks Gain On Solid Earnings Reports And Economic Data
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks generally trended higher today, mostly driven by some positive earnings announcements and economic data that showed the U.S. economy remains on track for positive growth. Housing data showed that existing home sales hit an eight-month high in June, and the U.S. Consumer Price Index also rose in June. Chipotle (CMG) continued …
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