[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks around the world plunged on the first trading day of 2016, with the Dow diving 470 points in intraday trading before moderating its losses amid fresh signs of slowing growth in China, the world’s second-biggest economy. All three major indexes got spanked as the chart above shows. 2016’s rocky beginning came …
2015 Ends With An Ugly Close
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks closed out the final trading day of 2015 with both the Dow and S&P 500 suffering their first year of negative returns since 2008 when the financial crisis was in full swing. Both benchmarks were on the verge of a positive year at the start of today’s trading session, with …
Volatility Remains The Word Of 2015
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell Wednesday, with losses accelerating towards the closing bell. This is the next-to-last day of trading in 2015, which has turned out to be a disappointing year for investors that have seen stocks trade sideways and post flat return for the most part. After today’s trading session, the S&P 500 is …
Stocks Bounce Back As Oil Rallies
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks skyrocketed as traders remain hopeful that a year-end ‘Santa Claus rally’ will finally push the major indexes back into positive territory for the year and avoid Wall Street’s first down year since 2008. Investors remain cautious though, as the so-called rally from Saint Nick, may not have yet completely taken flight. …
Markets Fail To Impress; Bulls Still Hoping For ‘Santa Claus Rally’ To End The Year
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell and oil prices took a tumble Monday, as the S&P 500 index kicked off the final week of the year by slipping back into the red in a volatile year that has made it tough for U.S. stocks to make much headway. Energy stocks led the declines as the recent …
Gaining For The Third Day On A Rebound In Oil
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Again, jumping oil prices were the driving force behind today’s rally as the indexes managed to extend gains for the third day in a row almost wiping out the “post interest rate” losses of last week. Global crude prices soared after inventory dropped an unexpected 5.9 million barrels last week reviving hope …