[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets on Tuesday flashed their first signs of stabilization as the Dow shot up more than 200 points following a sullied performance last week after the U.K. exit. I am sure equity indexes were oversold during the past couple of days, but it remains to be seen whether this is just hopeful …
Temporary End To Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Coming off a three week losing streak, the stock market kicked off the new week in rally mode as investors eyed more retail earnings, digest news related to corporate deals and await Wednesday’s release of minutes of the Fed’s April meeting. All three major indexes gained at least 1% on the day. …
Bummer Of A Tuesday After Hyped Monday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks fell on Tuesday, following weak manufacturing data from China. Stocks reversed course and gave back all of the solid gains achieved on Monday. The lack of economic growth, here in the U.S., which I have alluded to in the past, continues to put a damper on financial markets. U.S. GDP, …
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 Quiet To Kick Off The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street, which is riding a four-week winning streak, kicked off a busy week quietly as it awaited a slew of earnings releases, fresh data on the economy and a Wednesday Federal Reserve meeting on interest rates. The S&P 500 and Dow both fell slightly, while the Nasdaq stayed put. The third-quarter …
Let’s Keep The Bulls Running
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bulls continued charging forward this Thursday. The start to the year for stocks was a downer, but a February renaissance for stocks continued, as all three major indexes rocketed back into positive territory. Today, investors plowed money back into stocks following a slump the week before, encouraged by a 4% jump …
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