Waiting On Jobs

Dow -22.74 at 17895.88, Nasdaq +17.65 at 4876.81, S&P-1.83 at 2097.90 The stock market ended the day on a flat note, responding to a reversal in crude oil and  caution ahead of tomorrow’s release of the Employment Report for June. Other focal points impacting today’s trade included strengthening in the dollar. Oil  fell 4.8% to […]

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A Little Bounce

Helium was up, feathers were down. Paper was stationary. Fluorescent tubing was dimmed in light trading. Knives were up sharply. Cows steered into a bull market. Pencils lost a few points. Hiking equipment was trailing. Elevators rose, while escalators continued their slow decline. Weights were up in heavy trading. Light switches were off. Mining equipment […]

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Banks Break News In the Aftermarket

Dow +284.96 at 17694.68, Nasdaq +87.38 at 4779.25, S&P+34.68 at 2070.77 Nasdaq Composite -4.6% YTD Russell 2000 -0.4% YTD S&P 500 +1.3% YTD Dow Jones +1.6% YTD Two of the best days for stocks this year helped undo two of the worst, turning the Dow & S&P positive for 2016.  U.S. crude oil soared 4.2% […]

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The Expected Bounce Arrives

Dow +269.48 at 17409.72, Nasdaq +97.42 at 4691.86, S&P+35.55 at 2036.09 Stocks rose around the globe, led by the sectors that recently have been beaten down the most, such as banks. Demand for safe havens eased after two days of big pressure. The dollar pared its rise against the British pound. The price of oil, […]

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