Equities End Winning Streak; Gold Closes Higher

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks pulled back a tad, snapping a record breaking streak since last Friday. All major indexes gave back some of their recent gains. Although we saw a drop today, markets have been trending up over the past two weeks. M&A activity regained their share of headlines, especially the recent Hillshire-Jimmy Dean-Tyson Foods-Pilgrim’s …

One Man’s Opinion: Will Draghi Announce Any Stimulus In Next Week’s ECB Meeting?

Ulli Market Review Contact

The bond yields of Spain and Italy have come down drastically and both are well below 5 percent now, a very stable level that can tide those countries over as they continue to try to raise money at reasonable rates, observed Kathleen Brooks of Forex.com. Regarding the euro, Draghi has been incredibly clever with what he has done. They don’t …