[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks in the U.S. and Europe on Tuesday basically shook off the deadly terror strikes at an airport and metro station in Brussels. U.S. investors didn’t overreact, as terror acts have unfortunately become more common. After opening slightly lower, the major benchmarks climbed above break-even in afternoon trade, before ending mixed. Taking the bulk of the early …
Markets Bounce Back After Shaky Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets I received a number of emails from readers over the weekend being glad to be out of the market especially in view of the sudden tragic events in France. The general theme was that the indexes would take another hit, but that was not to be. While the futures pointed to a …
Markets Back On Top After Strong Earnings Reports Continue
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities got a major boost today from a bunch of strong earnings reports from companies such as Caterpillar (CAT) and General Motors (GM). The S&P 500 rose 1.24%, the Nasdaq gained 1.6% and the Dow ended up 1.32%. Airline stocks fared well today as both Southwest (LUV) and United Continental (UAL) came …
Markets Move Down Sharply; Damage Is Limited Thanks To Late Day Rally
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, volatility continued to shake markets today as the S&P 500 fell 0.84%, the Dow dropped 1.06% and the Nasdaq declined 0.29%. It could have been a lot worse, as the Dow was down at one point by some 400 points. However, there were six stocks in the Dow that posted notable …
Tensions Ease Abroad; Airline Stocks “Take Off”
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were back in full swing, as the Dow surged 175 points and the Nasdaq hit a 14-year high. The S&P 500 gained 0.9%, the Dow climbed 1.1% and the Nasdaq gained 1%, which marked a fourth straight session of gains. The buzz around the networks attributed bullish sentiment today on the …
Portuguese Bank Concerns Drive Markets Lower; Earnings Season Continues
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets dropped today amidst questions over the health of a large Portuguese bank namely Banco Espirito Santo. Concerns over a delayed payment caused a stock sell-off in Europe and the angst spread to Wall Street. The Dow, which had dropped as much as 180 points on the day, ended down 71 points, …
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