Wed 8.3.16 4pm EST U.S. stocks closed slightly higher on Wednesday, amid a sharp rebound in oil prices, while the Dow snapped a seven-day slide. “Investors are in a wait-and-see mode ahead of the jobs report,” said Adam Sarhan, CEO at Sarhan Capital, noting that a strong report could provoke a sell-off, as it raises…
CNBC: Tuesday, 8.2.16 1:34pm EST U.S. equities traded lower Tuesday, following global stock markets lower, particularly in Japan and Europe. The Dow Jones industrial average held more than 150 points lower in afternoon trade, putting it on track for its first seven-day losing streak since August of last year. Apple and Goldman Sachs contributed the…
7.29.16 –11:16 AM ET To a great extent, 2016 has been the year of commodity stocks, with resources like gold, coal and iron ore leading the boom. But the small group of grain-related stocks has also been joining the party, which has become something of a pile-on, according to the buy side. “Agriculture commodities (and their corresponding…
8 Things to Look For in a Quarterly Report It is easier than ever for investors to gauge their stock’s performance. July 18, 2016, at 10:13 a.m If you own stocks, you’ve likely gotten a quarterly report from the company in the mail. The thick booklet contains a balance sheet, income statement, cash flows and…
Friday, July 15, 2016 5:55pm EST Dow futures fell in Friday’s late session after an apparent attempted coup in Turkey, as the news began to flow. In regular trading, the blue-chips index extended its winning streak to six days. The Turkish lira plummeted against the dollar and the euroafter an apparent attempted coup against the…
Link: http://www.bloomberg.com/news/articles/2016-07-15/line-jumps-in-debut-of-2016-s-biggest-technology-ipo
Let’s Talk… Visit 50Park.com To Schedule A Complimentary Portfolio Review The S&P 500 moved higher in record territory Tuesday and the Dow Jones industrial average broke above its all-time intraday high as fears eased over Brexit and Japan signaled more economic stimulus. The blue-chips index reached the milestone on the heels of the S&P 500…
July 6, 2016 9:55am U.S. stocks rose Wednesday, helped by a reversal in oil prices and gains in health care stocks. The Federal Reserve meeting minutes released in the afternoon showed policymakers said it was prudent to wait for more data and the Brexit vote result before raising rates. The non-farm payrolls report due…
Stocks have been flat for 18 months, but some market participants see potential upside in the second half despite many reasons to doubt the staying power of this weeks’ gains. After Thursday’s close, the Dow Jones industrial average and the S&P 500 were virtually unchanged for the year, having gained just 2.69 percent and 2.90…
U.S. stocks traded higher Thursday, amid oil losses, as the major indexes tried to extend a massive rally following the United Kingdom’s vote on EU membership. “I think it’s a continuation of trying to sort out what Brexit means and what’s important to investors,” said Bruce McCain, chief investment strategist at Key Private Bank. “Whether…