Strong Bounce Back-New Stock

The stock market began the week on an upbeat note with the S&P 500 (+0.9%) erasing the bulk of its decline from Friday. The S&P reclaimed its 50-day moving average (2,086) at the start and spent the remainder of the day near its early high while the Dow Jones  (+1.2%) and Nasdaq Composite (+1.3%) outperformed. […]

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Messy Friday

Chinese regulators will now allow fund managers to lend stocks for short selling. The news drove sharp losses for Chinese stock-index futures, which in turn triggered drops in U.S. futures and European equities.  Many believe it is aimed at increasing supplies of securities and cooling down markets there.  The Shanghei is up 33% year to […]

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A Very Choppy Day

The major averages ended Thursday on a modestly lower note, but they were able to climb off their opening lows. The S&P lost 0.1% after spending the day in a 12-point range. Equity indices struggled in the early going after an overnight report from the Financial Times indicated that Greek officials had asked the IMF […]

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Nice Day and Netflix Explodes

The stock market ended the midweek session on an upbeat note after climbing throughout the day. The S&P gained 0.5% while the Russell 2000 (+0.7%) spent the day in the lead.  Equity indices rallied out of the gate, all but ignoring news that China’s GDP growth (+7.0% year-over-year) has slowed to a six-year low. The […]

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Tuesday Market Wrap

Equity indices slipped during the opening hour after the March Retail Sales report came in below expectations. In addition to pressuring equities, the report weighed on the greenback, knocking the Dollar Index to a session low. The dollar climbed off its worst level, but still ended the day lower by 0.7%. As for equities, the […]

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Some Pre Earnings Angst

The major averages began the new trading week on a lower note. The S&P pulled back 0.5% after spending the day in a steady retreat from its opening high while the Nasdaq shed 0.2% after showing relative strength throughout the day. All in all, Monday was very quiet with the S&P spending the day inside […]

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