The Closing Look

The Closing Look

[av_textblock size=” font_color=” color=”] Stock Market Commentary: Stocks rallied on Thursday even as oil prices fell to the lowest level since 2009. The Dow Jones Industrial Average and the benchmark S&P 500 tried to bounce near their 50 day moving average lines (an important area market participants watch). On the economic front, initial jobless claims…

The Morning Look
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The Morning Look

Stock Market Overview: Stock futures are up mildly as investors digest Monday-Wednesday’s steep selloff. Oil prices and other commodities remain under severe pressure and remain in focus. The Federal Reserve is scheduled to meet next Wednesday and investors believe they will raise rates by a quarter point. The Fed has been telling us they are…