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22Mar2017 Market Close: Stocks Closed Mixed, Oil Continues Decline, And Gold Trends Higher As The Dollar Index Remains Under 100

Written by Gary

U.S. stocks were mixed after the close on Wednesday as the Dow was lower for the fifth day in a row. Gains in the Technology, Industrials and Consumer Services sectors led shares higher while losses in the Telecoms, Consumer Goods and Oil & Gas sectors led shares lower.

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22Mar2017 Pre-Market Commentary: Look Out Below!

Written by Gary

Global markets and USA futures are very solidly in the red following yesterday's selloff. The pundits claim this is due to a reality check on what President Trump can accomplish on getting the USA economy moving. My take is that markets completely disconnected from economic reality during the rise of stocks following the election - and now reality is setting in.

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21Mar2017 Market Close: Stocks Tumble, Financials Lead The Way, Dollar Below 100 - Looking Over A Cliff. Investors Anxious About Tomorrow

Written by Gary

Wall St. closed lower on Tuesday, led by financials, as uncertainty concerning the timeline of the Trump administration pro-growth policies weighed on sentiment.

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21Mar2017 Pre-Market Commentary: Global Markets Remain On Flatline

Written by Gary

Reading through the headlines this morning, one gets the feeling there are as many forces at work that creates uncertainty as forces that create hope. The result is the markets are treading water and likely will flatline today. Gold is off marginally whilst oil is up marginally.

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20Mar2017 Market Close: Markets Continue To Run Range-Bound

Written by Gary

USA and global markets were generally marginally lower with crude slipping over 1% and precious metals slightly advancing. The mood of the markets is paralleling perceptions that President Trump will be delayed in boosting the economy.

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20Mar2017 Pre-Market Commentary: G20 Shift On Trade Push Global Markets Into The Red

Written by Gary

The dollar has dropped to a six week low and gold is up. Markets and Oil prices remain under pressure. Pundits claim this is all due to USA trade protectionist policies. All eyes likely will be on Congress today with Russia and Supreme Court on the agenda.

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17Mar2017 Market Close: DOW Closed Down 20 Points, Volume Low, Investors Concerned With The Lack Of A Trump Financial Plan And The Fed's Maybe We Will And Maybe We Won't Stance

Written by Gary

US stocks were little changed today as bank shares fell on lingering effects of the Fed's less aggressive stance on future rate hikes, while a jump in Adobe lifted the technology sector. US markets closed mostly down (SPY -0.2%).

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16Mar2017 Market Close: Markets Little Changed Today

Written by Gary

Congress' seem to have little ability to move the Trump agenda forward - and this killed any momentum in the markets. Even crude flat lined. The only upward movement came from gold (and not much positive movement).

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16Mar2017 Pre-Market Commentary: Wall Street To Open Slightly Higher, The US Dollar Attempted A Slight Rebound Before Sliding Again, Crude Prices Remain Strong

Written by Gary

US stock market future indexes pointed to a fractionally higher open (SPY +0.05%) this morning, extending strong gains from the prior session after the Federal Reserve raised interest rates, but struck a more dovish tone than expected.

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