[Chart courtesy of MarketWatch.com] 1. Moving The Markets The stock market had a “spring” in its step on the first day of spring. Signs that the U.S. economy is emerging from a winter slump drove major stock indexes higher today. Investors were encouraged by an increase in manufacturing and a rise in a key index of economic indicators. The S&P …
Food…Get It While It’s HOT…And Cheap
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets continued their upward trend from Monday, as the chart above shows, with all major indexes ending on the plus side. The big news today included a surge in U.S. food prices on the horizon, Russia annexing Crimea, and a Microsoft swell to near-record levels not seen since 2000. The Wall …
Major Indexes End In The Red Zone; A Good Day For Netflix
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. equities closed in the red zone today amid sub-par economic data from China. Microsoft and Starbucks experienced notable gains (after hours) after releasing favorable updated company earnings data. One of Thursday’s largest gainers was Netflix Inc. (NFLX). The stock gained 16% (from $333 to $388) on the day after releasing internal …
J.C. Penny Layoffs; India To Construct World’s Largest Solar Plant
[Chart courtesy of MarketWatch.com] 1. Moving The Markets One of the biggest news items today was that J.C. Penny (JCP) announced (just after the market closed) it will be closing 33 stores and cutting 2,000 jobs. The cuts will essentially result in cost savings of about $65 million according to Chief Executive Mike Ullman. The stock was down 0.86% today and …