Stock Market Overview: U.S. stock futures are down on the last trading day of the month, quarter and year. The market is open all day today and will be closed on Friday for New Years. Gary’s Thoughts: Why is market open all day today? Not a thrilling close to not a thrilling year. We will have a lot…
Stock Market Commentary: Stocks were relatively quiet on Wednesday as oil prices fell over 3%. Remember, oil is in a steep bear market and wild swings (up and down) are common in bear markets. Elsewhere, Pending home sales fell by 0.9%, missing estimates for a gain of 0.5%. This was the third decline in the past…
Stock Market Overview: As of this writing (6:17am), U.S. stock futures are slightly lower on the second to last trading day of the year. Stocks bounced nicely on Tuesday, led by the usual suspects (big glamour names). Oil prices rebounded on Tuesday which also helped lift many beaten down areas of the market. Remember, this is…
Stock Market Commentary: Stocks rallied sharply on Tuesday as oil bounced and investors moved money into a slew of big cap glamour stocks. Amazon.com (AMZN) and Alphabet (GOOGL) broke out to new highs and have enjoyed very strong gains in 2015. On the economic front, the S&P Case-Shiller index rose by 0.9%, beating estimates for a…
We were asked a couple of very good question by Neil Cavuto on Monday. We were simply asked whether it is possible that the 70% of the market that’s been bearish can turn back up and get the markets going again. We are all for it. Anything is possible especially when you’re dealing with maniacal central…
Stock Market Overview: As of this writing (6:08am), U.S. stock futures are up as investors wait for the latest reading from the housing market (S&P Case-Shiller Index 9am EST) and from the U.S. Consumer (Consumer Confidence 10 am EST). Oil prices are up a little as it bounces from Monday’s nearly -4% shellacking. Remember this is…
Stock Market Commentary: Stocks fell on Monday as concerns regarding the global economy resurfaced. Oil prices slid over 3% after jumping 9% last week. Meanwhile, Natural Gas prices vaulted nearly 10% on Monday as a cold weather is expected to hit most of the country. The fact that energy prices are trading like penny stocks (huge…
Source: http://www.dailymail.co.uk/news/article-3375975/NYC-fit-micro-apartments-housing-picture.html
We would love to give you some massive changes in market thought as we head into the last week of trading…but in bad English…we ain’t got none! All that happened last week in the 3 day romp back up was that the worst areas of the market, which were ridiculously oversold, has a good rally/bounce….
Stock Market Overview: As of this writing (6:15am), U.S. stock futures are down as we begin the final trading week of the year. Oil prices which jumped sharply last week are down again this morning and the media is suggesting that’s the reason our futures are down. Remember this is the last week of the year…
