Tag Archives: BAC

Afternoon Rally Starts June With A Bang

[Chart courtesy of MarketWatch.com] Moving the Markets Private sector hiring as reported by ADP, which added a seasonally adjusted and bigger–than-expected 253k rise in employment for May, set the tone for the market, as the major indexes climbed steadily above … Continue reading

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Uncertainty Reigns; Dollar Gets Pummeled

[Chart courtesy of MarketWatch.com] Moving the Markets Uncertainty and volatility reigned supreme as Secretary of State Tillerson’s meeting in Russia initially generated a small relief rally in the dollar with bond yields shooting higher. Then the hammer came down as … Continue reading

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Banks & Stocks Bleed While Gold Shines

[Chart courtesy of MarketWatch.com] Moving the Markets An early rally attempt driven by Apple reaching new all-time highs was rebuffed in a hurry, as worries surfaced that Trump may not be able to deliver on his promised tax cuts as … Continue reading

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One Man’s Opinion: January 2017 Earnings Are Going To Be A Bloodbath

By EconMatters We discuss a preview of January`s Earnings releases and how massive the gap down in most of these stocks will be when they report in a month. There have already been two earning`s guide downs from industrial companies … Continue reading

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The Fed Blinks—Again; No Rate Hike Propels Indexes

[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied as the Nasdaq closed at a new record high after the Federal Reserve opted to leave interest rates unchanged but stressed that the case for a hike in rates has … Continue reading

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Front Running the Brexit Vote

[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. and European stocks rallied big time as investors appear to be front running or betting that voters in the U.K. will choose to remain in the European Union. Ahead of the vote, a … Continue reading

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