Tag Archives: ITB

Positive Signs From The Fed Power Market Rally

[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks surged Wednesday, lifting the Dow Jones industrial average nearly 300 points, after the Fed decided it was time to start modestly scaling back its program designed to boost America’s growth along … Continue reading

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Congress Battles Heat Up; Turning Stocks Red

[Chart courtesy of MarketWatch.com] U.S. equities concluded a lackluster day of trading hovering near the flatline during the final hour of the session, before ultimately ended lower, extending their recent slide to a fourth session as worries over a possible … Continue reading

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Equities Rally On Economic Data; Europe Rises On Retailer Boost

[Chart courtesy of MarketWatch.com] US equities advanced today, sending the S&P 500 to its highest level since December 2007 as better-than-forecast housing data and initial jobless claims offset mixed corporate results. The boost came after the Commerce Department reported a … Continue reading

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Equities Leak Higher On Data; Europe Rises On Earnings

[Chart courtesy of MarketWatch.com] US equities snapped a two-day losing streak to end modestly higher as investors weighed better economic data against average corporate earnings report. Economic data offered the silver lining after two day’s of hammering. Demand for durable … Continue reading

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Equities Eke Out Gain As Housing Offsets Earnings Lag; Europe Up As Spain Retains Rating

[Chart courtesy of MarketWatch.com] US equities managed modest gains Wednesday after a four-year high new-home construction data offset disappointing earnings results from technology bellwethers like IBM and Intel. It’s simply amazing to me that good data points (housing starts being … Continue reading

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US Indexes Edge Higher On Data; Europe Ends Lower On Spain Jitters

US indexes finished marginally higher Wednesday as improved services sector and payroll data lifted investor sentiments but the gains were pared after China’s official non-manufacturing PMI reading for August dropped to the lowest level since March 2011. The Institute for … Continue reading

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