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Posts Tagged ‘Wall Street’

October 29th, 2012

World Stock Markets Decline As Investors’ Focus Changes

(George Sterling) - On Monday, world stock markets dropped, as investors’ changed their focus from strong economic growth in the United States economy during the 3rd quarter of the year to the depressed state of corporate earnings across the world. However, due to the Hurricane Sandy, analysts and experts expected stock markets to perform lower and overall activity [...]

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October 23rd, 2012

US Corporate Earnings Shatter Investors’ Confidence: World Stocks Fall

(George Sterling) - On Tuesday, world stock markets dropped after United States corporate earnings shattered investors’ confidence. A week ago, investors were positive about the global economy, as well as the largest economy, but disappointing corporate earnings have worried investors yet again. Amongst the stocks that were affected globally included the FTSE 100 index of Britain, which dropped [...]

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October 4th, 2012

Markets Slowdown Before Draghi’s Press Conference

(George Sterling) - On Thursday, financial markets remained slow before European Central Bank’s monthly policy meeting. Another reason for the markets’ slowdown is that investors are looking forward to the revelation of crucial U.S economic data. For the entire week, markets have remained calm as investors maintain a close eye on the largest economy’s developments as well as [...]

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September 26th, 2012

Spain’s Prime Minister Faces Extreme Pressure At The Hands Of Locals

(George Sterling) - Spain’s Prime Minister Mariano Rajoy is facing extreme pressure at the hands of locals as he inches closer towards accepting a bailout package. Rajoy will be announcing even tougher economic reforms and a tighter budget for the next year on Thursday that will further drive the emotions of the locals. The locals are protesting against [...]

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April 12th, 2010

The Markets

(Michael Schwartz) - The U.S. stock market continued grinding its way higher last week as the Dow Jones Industrial Average briefly pierced the 11,000 level for the first time since September 2008, according to The Wall Street Journal. Back then, the Dow was piercing 11,000 on its way down to below 7,000 in March 2009.

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January 4th, 2010

Stocks Look to Start on High Note

(Lee Siler) - Stocks are indicating a strong opening on the first trading day of the New Year. The question on everybody's mind is whether or not stocks can perform anywhere close to 09's performance? As intelligent investors, we know that at some point this year the Fed will start cutting stimulus to the economy and in fact, they already have to some degree. Considering we're at historically low interest rates there's only one direction they can go. Obviously, Wall Street is listening to every word the Fed says to try and get a clue when the tightening trend will begin. The fact of the matter is that rates have started going up; it's just the Fed Funds rate is still holding still.

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December 10th, 2009

November Markets

(Michael Schwartz) - Could November go down in history as a major turning point in the U.S. economy? The shocking (in a positive way) unemployment report released last Friday by the Labor Department showed the economy lost only 11,000 jobs in November. The markets were bracing for a number well in excess of 100,000, according to CNBC. On top of that, revisions to the previous two months showed 159,000 fewer jobs were lost than initially reported. And, to complete the trifecta, the unemployment rate dropped to 10.0% in November, down from 10.2% in October. On the surface, this is extremely good news for the economy as it suggests the economy is healing nicely.

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December 7th, 2009

Dollar Rallys

(Lee Siler) - For the week, stocks moved slightly higher despite the dollar showing some strength. Last week, we saw a paradigm change as the weak dollar trade subsided and was now trading in concert with stocks. It had been a long time since we've seen stocks and the dollar trade in the same direction. Well Friday's surprising employment data got the dollar moving. The fact that unemployment dropped to 10% from 10.2% was a huge surprise. Wall Street applauded the news. However, I'm not sure that this is the start of a trend. I still think unemployment is a major issue and will likely jump back up to over 10.2% over the next few months.

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November 11th, 2009

Dollar Hitting New Lows

(Lee Siler) - The market ended the day mixed on moderate trade. Considering the major averages rallied two of the three previous days, I would chalk yesterday up as a victory. It's been a while since the Dow Jones gained more than 200 points two of three days...

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November 4th, 2009

Buffet Takes a Ride on Burlington

(Lee Siler) - Stocks basically treaded water yesterday, as Wall Street awaits the Fed's comments at the conclusion of their meeting today.

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