Bulls And Bears Play Musical Chairs

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets For a while it seemed that ‘bad news’ is ‘bad news’ again, as an early rebound reversed and sent the major indexes back into the red. After all, with the shutdown continuing, China talks going nowhere, the VIX spiking and GDP warnings of zero percent, the way of least resistance was down. However, …

Nasdaq Tops Record High For First Time Since 2000

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving the Markets The previous record high (5,048.62), which dates back to March 10, 2000 at the prime time height of the dot-com bubble, was surpassed today by about 12 points. What does the new record high mean exactly? Well, in the simplest sense it means that the Nasdaq has finally completely recovered 15 years …

Markets Back On Track; Wal-Mart Impresses – Oil Continues To Slide

Ulli Market Commentary 2 Comments

[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks are back on track this Thursday after dropping slightly yesterday. The Dow was able to post another record high-water mark at the close of trading today, finishing up 0.23%. The S&P 500 gained 0.04% and the Nasdaq stood at an 0.10% gain at closing. The gain in the Dow was largely attributed …

Stocks Pull Back, But Corporate Earnings Continue To Deliver

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving The Markets The stock market pulled back today after a solid six consecutive days of gains. The S&P 500 dropped 0.24%, the Dow finished down 0.07% and the Nasdaq led the pack dropping 0.83% on the day. Apple (AAPL) captured headlines today after reporting that it sold 43.7 million iPhones in Q1, which was …