Market Recap: Stocks climbed slightly on Wednesday in a muted session ahead of Thanksgiving and the official kickoff of the holiday shopping season. As we discussed on CNBC on Wednesday afternoon (watch the interview here) we generally expect major indexes to continue to rise through the end of the year, but see some risks in …
Monthly Archive: November 2014
Nov 26 2014
Little For Investors To Grab Onto
Market Recap: Stocks started on relatively strong footing on Tuesday, after the second reading of Third Quarter GDP showed the US economy growing by 3.9% – better than expected. But, a slower than forecast rise in home prices and weaker energy prices ended up dragging stocks into lower territory by the end of trading. Excluding …
Nov 24 2014
Stocks started the week on the positive side
Market Recap: Stocks started the week on the positive side, as investors followed through on last week’s rally. Better than forecast German business sentiment set the stage, before PMI Services data slightly disappointed causing markets to reverse early gains. Technology stocks outperformed as the NASDAQ gained nearly 1%, consumer discretionary shares also rose, while Energy, …
Nov 21 2014
Next Week’s Market Moving Events
Market Recap: Better than expected economic news in form of strong home sales and benign inflation figures helped lift stocks to new highs. Energy and technology shares led markets higher as Intel (INTC) rose 4% and commodity prices stabilized. Six of the ten sectors of the S&P were lower, as performance divergence continued to rise. …
Nov 20 2014
Overall environment is positive for stocks
Market Recap: Stocks started with a slight down-drift on Wednesday as investors waited for the release of the Federal Reserve FOMC minutes, which revealed a mild concern over the impact of falling inflationary pressures. The newly raised concerns reignited speculation that the Fed may not raise rates until late 2015 or perhaps not until 2016. …
Recent Comments