[Chart courtesy of MarketWatch.com] 1. Moving the Markets All the major indexes closed higher today as stocks jumped up across the board on fresh signs the economy is growing stronger, signaled by a positive GDP report. The Dow added 1.3%, the S&P 500 rose 0.6% and the Nasdaq finished up 0.4%. Investors are still a little uneasy though as to …
Markets Pull Back; Rattled By Hong Kong Protests
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Pro-democracy protests in Hong Kong shook the markets today. As if investors didn’t have enough global conflicts on their plate already. The Hong Kong protest is the latest geopolitical stir to snag Wall Street’s attention, and cause investors to pare back their risk-taking. Last week, U.S. markets went on a volatile ride …
Markets Bounce Higher; Responding Well To Yellen’s Speech
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Wednesday was a rather uneventful day across the board with the S&P 500 and Dow climbing and the Nasdaq stumbling. Tech stocks continued to fall out of favor as worries of overvaluation continue to be the culprit. A number of Nasdaq listed stocks have taken quite a beating over the past two …
Positive Housing Numbers Help Market Sentiment; Tesla Still On Fire
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Overall, the markets held up well today. By the end of trading some major indexes posted gains while others dipped slightly. Some analysts say that the S&P 500 may be hitting a key resistance level as we have seen the index approach, but fail to break through its all-time high over the …
Heading Towards Bear Market Territory; Let’s Hope February Is A Very Short Month
1. Moving The Markets A new report on U.S. manufacturing growth was released today that showed the sector barely expanded in January. This was not a good start for trading in February and the Dow Jones Industrial Average (DJI) felt the wrath falling by more than 2% on the day. If you read the last piece I wrote at the …
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