[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 …
Investors Remain Bearish Ahead Of Q2 Earnings Season
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a good day for German soccer fans, but the same joys were not felt by U.S. investors. Stocks tumbled as the Dow fell nearly 118 points, ending the trading day below the glorious 17,000 mark it surpassed for the first time recently. The S&P 500 and the Nasdaq retreated as …
A Pullback Tuesday For The Markets
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets took a hit today, a day after the Dow and S&P 500 closed near record highs. The Nasdaq took the largest hit, while the S&P and Dow dropped dropped by lesser percentages. Again, we see the Nasdaq, which is filled with those big momentum social media and tech stocks, showing the …
Keep Those Corporate Earnings Reports Coming!!
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stock markets continued their rally today, driven largely by positive corporate news and earnings announcements. The major indexes all gained as the chart above shows. The health-care sector led the eight of ten S&P 500 sectors that finished higher on the day. Driving health-care gains was the news from the pharmaceutical …
Corporate Earnings Continue To Impress Investors
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Another big week of corporate earnings announcements is underway and markets reacted well to positive earnings announcements from companies such as Haliburton (HAL), Netflix (NFLX) and Hasbro (HAS). The S&P 500 gained 0.4% ending the day exactly where we started on April 1st. The continued climb of the markets over the past …
Markets Dip Slightly; S&P 500 Or 501?
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 index fell 0.1 %, staying near its all-time high of 1,890 that it posted a day earlier. The Dow broke even, and the Nasdaq composite fell 0.9% due to poor biotech performance and a selloff of recent “momentum” stocks. Among the big momentum Nasdaq stocks that fell were Tesla …