[Chart courtesy of MarketWatch.com] Moving the markets It was another volatile and directionless day with the indexes rallying and selling off depending on negative or positive headlines. We closed mixed with the Dow dropping a tad and the S&P 500 gaining a fraction. The Nasdaq fared better by adding +0.68%, although that may reverse tomorrow, as Intel just announced a …
Winning Streak Snaps; Markets Pause
[Chart courtesy of MarketWatch.com] 1. Moving the Markets As you know, the Dow has been riding the bull for 9 day continued winning streak that hasn’t happened in three years. Unfortunately, that streak snapped today due to mixed earning reports here in the U.S. and an announcement from the European Central bank that they will hold off on additional stimulus …
Volatility Remains The Word Of 2015
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell Wednesday, with losses accelerating towards the closing bell. This is the next-to-last day of trading in 2015, which has turned out to be a disappointing year for investors that have seen stocks trade sideways and post flat return for the most part. After today’s trading session, the S&P 500 is …
Markets Keep Climbing On Columbus Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow Jones industrial average, coming off its biggest weekly gain since February, ended modestly higher to post its seventh-straight session of gains as Wall Street awaited the barrage of corporate earnings reports, which begin tomorrow. The S&P 500 and Nasdaq both performed well today also. The question remains: “Is this a …
Stocks Hit The Ground Running To Kick Off June
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rose slightly as some improving economic data and a big tech deal helped Wall Street kick off the month of June on a positive note. Some M&A news gave markets a boost just before the opening bell when it was announced that Intel (INTC) said it will buy fellow chip maker …
Markets Climb On Positive Earnings Reports
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Netflix (NFLX) was all over the news today. The stock surged more than 12% today after the public welcomed earnings news that the company’s revenue jumped 24% and membership surpassed 60 million global users. The Nasdaq composite index reacted accordingly, jumping back above the 5000 mark for the day to close at …