Tag Archives: BAC

Markets Gain Broadly As Geopolitical Tensions Wane

[Chart courtesy of MarketWatch.com] Moving the markets By the time the opening bell rang this morning, the lobbing of a bunch of missiles into useless Syrian targets on Friday had been long forgotten with the focus now having shifted to … Continue reading

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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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