[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a slow pre-Holiday session with the major indexes trending to the upside intraday but ending just about unchanged. Volume was extremely low. Economic data were mixed but Wall Street still believes that the Fed remains on track to raise rates. All eyes are on next week’s jobs report which, should …
Markets Quiet After Booming Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street, coming off its best weekly gain of the year, which was preceded by its worst one, kicked off the Holiday-shortened week in a cautious mood, as investors digested a record deal in the pharmaceutical space and kept a close eye on Europe, where the terrorism threat remains real. It seems …
Stocks Remain In Flux; Keurig & Smucker Gain
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Of course, the potential interest rate hike remains on everyone’s mind as we head into 2016. However, whether or not the rate hike will take place still remains TBD but, more importantly, how will the markets react? Given the global economic landscape, I don’t think a hike is a given at this …
A Quiet And Mixed Tuesday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today was a relatively lackluster scene on Wall Street, wherein the Nasdaq finished a bit lower and the S&P 500 and Dow a bit higher. Apple (AAPL) moved markets a bit early on in the day, shortly after a report was released from Credit Suisse which hinted that the company has decreased …
Going Nowhere
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a slow day on Wall Street today. All indexes ended slightly lower, mostly due to the fact that we heard a bit of disappointing news on the state of our economy. The government reported today that the economy grew at a slightly lower-than-expected 1.5% in the third quarter. That was …
Equities Uncertain In Anticipation Of Fed Meeting And Earnings
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks dipped as investors awaited a Federal Reserve decision Wednesday on interest rates and Apple’s earnings report after the closing bell. Disappointing economic data on manufacturing and consumer confidence also weighed on markets. Energy stocks led the decliners as oil prices fell. A barrel of U.S. crude was down 2.2% to $43.03. …