American Express, Visa Lead DJIA Higher Wednesday
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…
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.
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.
With the Dow Jones Industrial Average hitting new all-time highs this past week, we have to wonder what we have in store going forward as earnings reporting ramps up.
Looking at what was a brief but massive fallout within broad markets, we are realizing that the Brexit provided a very attractive entry point into a fair number of industries. The Dow…
June 28, 2016: Markets opened higher Tuesday and every sector is recover a bit after two days of getting crushed by the Brexit vote. U.S. GDP rose 1.1% in the first quarter,…
Last Friday and this Monday saw extremely ugly post-Brexit trading in the stock market. Banking stocks were hit the hardest, as were most companies and sectors tied to Europe. Tuesday’s market indications…