Economy Continues To Weaken While Stocks Consolidate Gains

First The Good News Stock Markets across the globe spent this past week giving back some of their recent gains.  The S&P 500 closed at 1,440 – down 20 points which works out to a 1.4% loss for the week. September 28th was also the final day of the third quarter and it was a … Continue reading

Dare We Say It? – The USA Housing Market Has Bottomed

Stock Markets across the globe spent this past week moving sideways and consolidating their recent gains.  In the USA, the S&P 500 closed at 1,460 – down just 6 points from last weeks 5 year highs. The S&P 500 is now just 116 points or 8% away from it’s all time highs that were reached … Continue reading

Fed Chariman Bernanke “Prints” Markets to New Highs

The S&P 500 closed at another 5 year high this week at 1,465 as the introduction of QE3 provided a lift to asset markets across the globe.  The S&P 500 is now within 110 points of it’s all time highs of 1,575 that were attained in October of 2007. A quick background note to readers … Continue reading

USA Stock Markets Close at Five Year Highs

The USA Markets closed at five years highs on for the week ending Friday, September 7th. The Nasdaq closed at 3,136 –  it’s highest levels since the year 2,000.  The S&P 500 closed at 1,437, it’s highest level of this current five year bull run from the lows of 666. The S&P 500 has now … Continue reading

Bernanke Pledges Help to the Labor Markets

The S&P 500 closed at 1,406 for the week ending August 31, 2012.  The markets in general reported a low level of trading activity as many participants awaited the Jackson Hole speech from Fed chairman Ben Bernanke.  Their patience paid off as Fridays speech by the Fed chairman resulted in several sharp intra-day moves in … Continue reading

Stock Markets Finish Higher For the 5th Week In a Row

Even with a decelerating economy and a recent sub-par earnings season behind us, the USA stock markets continued to show their resiliency.    The S&P 500 finished the week at 1,406 for a gain of a little over 1%. This was the fifth straight week the S&P 500 has finished higher. This week was also … Continue reading

USA Takes The Gold In Stock Market Performance

After declining for the first four days of the week, the S&P 500 rose 2% on Friday to finish the week at 1,390 – only 32 points off it’s multi-year high.  A slightly better than expected Jobs report and a better than expected ISM non-manufacturing report triggered the nice gains in the S&P 500 on … Continue reading

Central Bankers & Politicians Talk – Markets Listens

It was a volatile five days  for the USA stock markets over the past week.  On Monday & Tuesday, the S&P 500 fell by 3.5% as the investment community worried  that the USA economy was contracting at a faster rate than previously expected.  However, the Central Bankers of the world came to the rescue.  On … Continue reading

Stock Markets Continue Sideways – Big Move still to Come?

  After being down as much as 30 points during the week, the S&P 500 rallied on Thursday & Friday and ended the week higher by 2  points at 1,356. The primary catalyst for the end of the week rally were the earnings from JP Morgan and Wells Fargo which both reported earnings that were … Continue reading

Time to Raise Cash

Stock Markets across the globe exploded higher on Friday as the European Union unexpectedly announced a new plan for providing financing to Spanish Banks along with providing a framework for an eventual banking union that could provide more stimulus in the future. The S&P 500 rallied 2.5%  on the European News on Friday and closed … Continue reading

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