The bulls bounced back this past week as futures speculators bid up the price of oil, which closed on Friday at over $52.00 per barrel. The broad US indices rode the coattails of oil, producing their best weekly performance in awhile. Last week the S&P 500 Index gained over 3%, the Dow rose nearly at 4%, […]Continue Reading...
Worth the read: These guys may not know where the market is headed, but their opinions are entertaining and informative, so here ya go!…. Strong dollar weighs on US results published by US Equities This Is a Flash Crash Waiting to Happen published by TheStreet Don’t Expect 7% Returns Like Your Dad Did; The Long View for Stocks […]Continue Reading...
Are declining gas prices bad for the Markets? The past few weeks have seen an acceleration in the drop in the price of crude oil, with the expected contagion just beginning to work it’s way through the global financial system. At the closing bell last Friday, the S&P 500 Index had posted a weekly loss […]Continue Reading...
It’s been a wild ride over the last week in the markets, leaving many investors wondering if it’s over, or just beginning. With this question in mind, here are some quotable quotes from the last few days… The key question you need to ask yourselves is this: Have the reasons for this selloff disappeared after the […]Continue Reading...
The following quotes are all from this recent week… “…the next five months into year-end are going to be extremely treacherous for equity investors.” ~Peter Boockvar, chief market analyst at The Lindsey Group “Stock may get rattled by a shallow U.S. recession starting early next year, caused by slack consumer spending and a […]Continue Reading...
Last Thursday, the Dow Jones Industrial Average dropped over 200 points, as worries mounted about China’s economy and escalating tensions in Ukraine. CNBC reported that Alan Skrainka, chief investment officer at Cornerstone Wealth Management, pointed to a chart making the email rounds showing the correlation between NYSE margin debt and the S&P, with margin debt […]Continue Reading...