July 2, 2019 @ 7:23 pm | Breaking News, Volatility, You May Have Missed |
Join me on my search for the elusive catalyst that could take U.S. stocks higher from what is already an all-time high. Quiet, though, catalysts can be very shy. Peaking through the bushes surrounding the water hole, I can see signs of company earnings. The big banks,...
June 26, 2017 @ 7:35 pm | Breaking News, Volatility |
What to make of this morning’s action in the technology and financial sectors? The two sectors raced ahead right after the opening bell, helping drive the Standard & Poor’s 500 to an early 0.5% gain. But that gain quickly faded as these...
June 22, 2017 @ 7:25 pm | Breaking News |
It’s pretty clear that no one wants to exit this market. The indexes aren’t going much of anywhere–the Standard & Poor’s 500 was off just 0.05% at the close today–even as some sectors, such as energy in the early part of this week,...
June 15, 2017 @ 1:18 pm | Breaking News, Volatility |
Anyone who bought technology stocks on the dip last Friday and Monday is feeling unhappy today. And that spells a worried market. Especially since key stocks in the sector such as Apple (AAPL) and Amazon (AMZN) are showing signs of breaking through important support....
June 12, 2017 @ 1:59 pm | Breaking News, Volatility |
Set off, or certainly encouraged, by a downgrade of Apple (AAPL) to neutral from buy at Mizuho Securities, tech stocks continued Friday’s retreat. But the speed of the drop has been much more measured during the first half of the trading day in New York. The...
March 8, 2017 @ 7:26 pm | Breaking News, Volatility |
U.S. stocks closed slightly lower again today, making this week three for three on the down side. The Standard & Poor’s 500 stock index was off by 0.2% at the close and the Dow tripped lower by 0.33%. The Russell 2000 small company index was down 0.64%. But...