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17Feb2017 Market Close: US Markets Close In The Green Surprising The Bearish Analysts, Monday Markets Will Be Closed For Presidents Day Holiday

Written by Gary

Wall Street squeaked out new highs for the DOW and the NASDAQ climbed to its fourth record-high close of the week, but the SP 500 was only cents away (SPY +0.2%). The S&P 500 also rose as gains in Kraft Heinz helped offset selling in energy stocks.

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17Feb2017 Market Update: US Stock Markets Trade Lower, Sideways On Lower Volume, WTI Crude Prices In The 53 Handle And The US Dollar Continues To Trend Upwards

Written by Gary

Wall Street took a much needed break ahead of the three-day weekend (SPY -0.1%), led by bank and energy stocks, as investors booked profits after a record-setting few days, while gains in Kraft Heinz helped keep the Nasdaq afloat.

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17Feb2017 Pre-Market Commentary: Wall Street To Open Lower Ahead Of Three Day Weekend, Crude Prices Lower, Gold Higher, Investors Pause, Waiting For Clarity On Economic Policy

Written by Gary

U.S. future indexes are showing an average loss of about -0.3%, pointing to lower open this morning (SPY -0.3%). Volume is expected to be quiet due to a lack of economic reports and many traders may head home early given the three-day weekend at hand.

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16Feb2017 Market Close: Wall Street Breaks A Five Session Winning Streak, Crude Prices Move Up And The US Dollar Sinks

Written by Gary

US major indexes closed down and flat (SPY -0.1%) weighed down by the energy sector and financials, which snapped a five-session winning streak. Crude prices pared losses and settling nearly at previous highs. The US dollar is trending down.

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16Feb2017 Pre-Market Commentary: Wall Street Opens Up Fractionally, Crude Prices Climbing, US Dollar Loosing Ground, The Economy Brightening

Written by Gary

US stock market indexes opened to a flat start this morning (SPY _0.01%), with the markets pausing after fresh record high closes yesterday. Crude prices are trending up while the US dollar is slipping.

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15Feb2017 Market Close: New Historic Highs Mark A Seven Day Winning Streak For The US Markets, Oil Slips Along With The US Dollar And Several Analysts Are Running For Cover

Written by Gary

Wall Street's major indexes pushed further into record-high territory today (SPY +0.5%), with the S&P 500 notching a seven-session winning streak, helped by a round of robust economic data and ongoing optimism that President Donald Trump will cut corporate taxes.

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15Feb2017 Market Update: US Financial Data Pushing Market Indexes To New Highs, US Dollar Slips From Session Highs, Investors Ingnoring The Fact This Party Will Come To An End

Written by Gary

Wall Street has once again hit new historic highs as the Trump rally steams ahead unabated (SPY +0.3%). US retail sales rose more than expected as households bought electronics and other goods, pointing to sustained domestic demand that should bolster economic growth in the first quarter.

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15Feb2017 Pre-Market Commentary: Wall Street Mixed, Flat And May Still Set New Records Again To Day, US Dollar Gaps Up And Investors Hang On To The Trump Train

Written by Gary

US futures pointed to a pause, mixed opening, after hitting new record highs again yesterday (SPY -0.1%). Even a small move higher at the open would mean more records. Oil prices are lower, after data overnight showed a massive build-up in US crude supplies.

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14Feb2017 Market Close: Wall Street Sets New Historic Records As The Trump Steam Roller Plows Forward, Yellen Says It Is Unwise To Wait Too Long For A Rate Increase

Written by Gary

Major US stock indexes hit new record historic highs again today (SPY +0.4%) led by bank stocks after Fed's Yellen said it would be unwise to wait too long to raise interest rates.

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