[Chart courtesy of MarketWatch.com] 1. Moving The Markets Today officially marks the first day that all three major indexes (S&P, Dow and Nasdaq) are negative year to date. The Nasdaq continued its decline (which began last Thursday) and is now down a combined 4.6% over the three day period. The S&P 500 and Dow Jones both finished down more than …
The Dow Makes Us Bow Again
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Dow Jones has exceeded expectations once again as it rose to another all-time high today. It seems investors are “hanging 10” on the wave of momentum that the surprisingly strong U.S. jobs report created last Friday. This is a hard pill to swallow as we near year-end, because all-time highs like …
Skidding To Seven-Week Low As Fed Decision Offsets Economy; Europe Rises On PMI Data
[Chart courtesy of MarketWatch.com] Giving out early session gain gains, US stocks finished lower Wednesday as the Federal Reserve’s call for modest growth tempered moods amid signs of improvement in Chinese factory output and American housing market. October US flash manufacturing activity notched up to 51.31 from 51.1 in September while the US housing industry continued to chug ahead, extending …