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18Oct2017 Market Close: Dow Trades Above 23,000-mark As IBM's Stock Jumps, The SP 500 Is Now Overvalued On 18 Of 20 Metrics

Written by Gary

The Dow Jones industrial average rose again above the 23,000 level today (SPY +0.1%), driven by a jump in IBM after the computing giant hinted at a return to revenue growth.

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18Oct2017 Market Update: Wall Street Posting New Highs In Early Afternoon Trading, US Dollar Slips Marginally, Housing Probably Remains A Drag On Economic Growth In The Q3

Written by Gary

US major indexes remain near new highs as the DOW hovers above 23,000, with solid support from IBM (SPY +0.1%). US housing starts hit one-year low; building permits tumble

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18Oct2017 Pre-Market Commentary: Wall Street Rally To Continue, Crude Prices Pushing Towards Three-week Highs, While Investors Looked Ahead To U.S. Crude Inventory Data

Written by Gary

US stock market future indexes are once again pointing to new historical highs for today (SPY +0.2%). 82% of the 45 S&P firms reporting so far have beat consensus on profit while 73% have topped estimates on sales.

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17Oct2017 Market Close: Wall Street Continues Making New Highs, Low Volume Says Investors Are Staying At The Station And Not Jumping On The Bull Rally Train

Written by Gary

The Dow hits the 23,000-mark and the SP 500 records another historic high (SPY +0.1%) just before the close. I guess we can expect to see this bull-train hit more highs soon.

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17Oct2017 Market Update: Wall Street DOW Makes Epic Move Above 23 K, Strong Earnings From UnitedHealth And Johnson And Johnson, WTI Crude Prices Fall And The US Dollar Continues To Rise

Written by Gary

The Dow soared past 23,000 this morning for the first time on strong earnings (SPY -0.05%), SP 500 is poised to make uncanny stock-market history this week for doing almost nothing.

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17Oct2017 Pre-Market Commentary: Wall Street Flat Ahead Of Earnings, US Dollar Continues To Rise, Gold Sinks Below A Key Psychologically 1,300 Level, Inflation Seen Rising

Written by Gary

US stock market future indexes are flat ahead of the DOW 30 earnings today (SPY -0.01%). Goldman Sachs beats Wall Street as bond trading falls less than expected.

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16Oct2017 Market Close: Wall Street Closes At Record Highs Helped By Finance And Energy Sectors, WTI Settles In The High 51 Handle Just Fractionally Off Morning Highs

Written by Gary

Major US major stock indexes rose to record high closes with the DOW closing at its new historic high (SPY +0.1%).

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16Oct2017 Market Update: Wall Street Higher As Bank Stocks Rebound, Apple Gains, Crude And The US Dollar Continue To Show Strength

Written by Gary

US stock markets opend higher to set new historic highs and then slipped fractionally (SPY +0.1%). A recovery for U.S. banking stocks allied to a 1.5 percent gain for Apple.

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16Oct2017 Pre-Market Commentary: Wall Street Futures Inch Up As Investors Await Another Round Of Third Quarter Company Earnings, Crude Prices And The US Dollar Inch Upwards

Written by Gary

US stock market future indexes are pointing to a fractionally higher opening (SPY +0.1%). WTI crude futures jumped to a near six-month high this morning (52.28) as investors awaited a further flood of earnings this week.

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