News: Monday the markets went on a wild ride. The S&P 500 sank nearly 2% through the morning and lunchtime. But in the final hour bargain hunters began snatching up discounts and the markets closed solidly in the green. The Nasdaq was the leader...
News: Friday’s losses capped a dismal month. The Nasdaq led the decline losing 4.2% on the day… The selling ended one of the worst Aprils on record. Here’s how the indexes performed… Dow Jones Industrial Average -4.9% S&P 500 -8.7% Russell 2000 -...
News: U.S. GDP fell 1.4% in the first quarter according to the “advance estimate” from the Department of Commerce. The contraction came as a surprise with most estimates expecting a gain of ~1%. The economic contraction is the first since the beginni...
News: Markets gapped up yesterday morning rising ~1.5% intraday only to give up most of the gains and close mixed, near flat… Earnings season continues to deliver winners like Microsoft (MSFT) +4.8%, Visa (V)+6.5%, and T-Mobile (TMUS) +3.9%. And also...
News: Markets entered freefall yesterday as the Nasdaq led the collapse falling 4% to its lowest point of the year. Year to date figures are as follows: Dow Jones Industrial Average -8.5% YTD S&P 500 -12.4% YTD Russell 2000 -15.8% YTD Nasdaq Comp...
News: Markets swung more than 2% yesterday. The S&P 500 traded as low as -1.7% before rebounding and closing at +0.6%. The Nasdaq performed the best gaining +1.3% on the day.. The big story of the day was Twitter (TWTR^). The board reached an agr...
News: Despite all the bullish indicators in play on Friday the markets tanked. The financial media has laid the blame at the feet of Fed Chair Powell. During a discussion hosted by the IMF, he said, “it is appropriate in my view to be moving a little...
News: Yesterday markets failed to follow up on Wednesday’s gains. After gapping up the indexes faded all day long. Elon Musk still wants to buy Twitter (TWTR^). In a filing released yesterday, he announced financing “commitment[s] … to provide … appr...
News: Markets were mixed yesterday. The Dow gained 0.7% while the Nasdaq lost 1.2%. The Nasdaq was dragged down by Netflix (NFLX) which fell 35%, losing about $50 billion in market cap, after disappointing earnings. Many big investors lost a lot of m...
News: Markets rallied all day yesterday and closed near the highs of the day. In short, the bulls had a good showing. After the close, the picture changed as Netflix (NFLX) reported earnings and its subscriber count decreased for the first time in ab...