November 4, 2016: Markets opened higher again Friday following a solid non-farm payrolls report that, including revisions for the past two months, topped 200,000 new jobs. But as happened on Thursday, equities…
November 1, 2016: Markets opened higher again Tuesday but drifted lower beginning in the mid-morning, and appear on track for a lower close. Consumer discretionary and real-estate sectors were among the day’s…
October 20, 2016: Markets opened lower Thursday and have traded right around the break-even line all day. Wednesday’s Beige Book didn’t have much impact and scant economic data has left corporate earnings…
Travelers Companies reported better-than-expected third-quarter financial results before the markets opened on Thursday.
Chris Lange October 19, 2016: Markets opened mixed Wednesday, but the Nasdaq Composite soon came around to the plus side and all three major indexes have traded in the green throughout the day. As…
A third of the Dow Jones Industrial Average is reporting quarterly results this week, which has the potential to push the Dow back up to its highs.
October 12, 2016: Markets opened mixed Wednesday in a continuation of Tuesday’s downbeat finish. The energy, healthcare, and basic materials sectors were the day’s leading losers, while real estate, utilities, and telecom…
October 3, 2016: Markets opened lower Monday following a nice gain on Friday. No sector traded in the green this afternoon, with real estate and utilities the laggards. Profit taking or a…
September 8, 2016: Markets opened lower Thursday after European Central Bank president Draghi maintained current ECB policy and said that further expansion of the bank’s asset purchase plan did not seem appropriate.…
August 29, 2016: Markets opened higher Monday following the report that personal spending met expectations for a gain of 0.3% while inflation turned a 1.6% reading for July. Equity markets were mixed…
Sometimes stocks reach valuations that are hard to justify, even if they are very well-known stocks that happen to be the market darlings of that time.
July 29, 2016: Markets opened mixed again on Friday as the blue chips just couldn’t get a bid. The Bank of Japan did not announce a very aggressive easing plan and the…
July 28, 2016: Markets opened mixed Thursday and the whole day’s session is probably best described as choppy. Crude oil prices dropped sharply again Thursday, and a much lower than expected addition…
Travelers Companies is one of the more forgotten Dow stocks, but investors should take notice of this solid earnings beat.
Chris Lange One-third of the 30 Dow stocks are reporting quarterly results between July 18 and 22. The main question is whether these earnings can push the Dow to new highs.
