14-Jan-2015 15:05 By Marcy Nicholson NEW YORK, Jan 14 (Reuters) – NEW YORK, Jan 14 (Reuters) – Copper’s 12-percent dive so far this week has sliced through key support levels, setting up a deeper slump that some chartists say could test the market’s decade low following the 2008 financial crisis. This week’s slump, which is…
Published: Jan 14, 2015 10:13 a.m. ET Retail sales drop in December; Copper plunges on World Bank view NEW YORK (MarketWatch) — The U.S. stock market fell sharply on Wednesday, extending declines to four consecutive days, after surprisingly weak December retail sales cast a shadow on the pace of economic growth. Disappointing results from banking…
U.S. Economy Continues To Get Stronger, Not Weaker It was a bumpy week on Wall Street but after all was said and done the bulls emerged victorious. Stocks fell hard in the beginning of the week, bounced hard in the middle of the week, and were down for most of Friday but rallied and closed…
Stocks Pullback On Shortened Holiday Week Stocks fell last week causing the S&P 500 to pullback to its 50 DMA line and the small cap Russell 2000 to negate its latest breakout. Energy prices continued to implode last week as sellers remain in clear control. Separately, the US dollar soared to a 9 year high…
Rally Continues On Wall Street Stocks continued to rally last week, helping the small cap Russell 2000 to jump to fresh record highs. On Christmas day, China’s central bank eased lending requirements which was viewed as another (bullish) step to stimulate their economy. The big news last week came from the natural gas market, not…
* Markets on track for positive week * Trading volume likely to be light after holiday * Biotech stocks rise, but still lower on week * Indexes up: Dow 0.3 pct, S&P 0.4 pct, Nasdaq 0.6 pct (Updates to morning trading) By Ryan Vlastelica NEW YORK, Dec 26 (Reuters) – U.S. stocks rose on Friday,…
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Stocks Soar; One Week Pullback Ends That was fast, the one week, pullback ended after central banks stepped in and saved the day…Again. Just when stocks were getting in trouble, the Fed and other central banks, stepped in with more easy money. In the last full trading week of 2014, we saw the market enjoy its…
* Dow jumps 421 points, biggest pct gain since Dec. 2011 * S&P 500 posts biggest daily pct gain since Jan. 2013 * Tech leads the gain; Oracle up after results * Indexes up: Dow 2.4 pct, S&P 2.4 pct, Nasdaq 2.2 pct (Updates close with further comments, VIX close) By Caroline Valetkevitch NEW YORK, Dec…
What Is The Santa Claus Rally? Here is how Wikipedia defines a A Santa Claus rally, “It is a rise in stock prices in the month of December, generally seen over the final week of trading prior to the new year. The rally is generally attributed to anticipation of the January effect, an injection of…