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24Feb2017 Market Close: Wall Street Rose From Session Lows To Close In The Green Near The Unchanged Line, Short-Term Indicators And Analysts Questioning Continuing Bull Run

Written by Gary

The Dow broke its 10-day record-setting streak today (SPY +0.1%), as banks weighed and investors turned cautious after comments from the Trump administration. New U.S. single-family home sales rose less than expected in January, crude prices lower and the US dollar rose.

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24Feb2017 Market Commentary: Wall Street Opened Moderately Lower, Crude Prices Take A Dump, US Dollar Rises Sharply

Written by Gary

U.S. stock opened lower open today after the Dow Jones hit its 10th straight record close yesterday, its longest streak since 1987, as a drop in oil prices weighed and investors assessed if the "Trump rally" had gone too far too soon.

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23Feb2017 Market Close: Wall Street Closes Mixed Near The Unchanged Line, Nasdaq Closed Down Fractionally, The DOW Closes Up 35 Points, Crude And The US Dollar Remain Mostly Unchanged

Written by Gary

U.S. stocks edged higher in today's session, then slipped to mixed (SPY +0.1%). Wall Street was buoyed by energy stocks and a renewed pledge by President Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States.

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23Feb2017 Market Update: Wall Street Records New Highs And Then Looses Steam As Unemployment Rises, Several Analysts Are Warning About A Possible Market Plunge

Written by Gary

The S&P 500 and the Dow Jones Industrial Average reversed course after hitting record intraday highs late Thursday morning as losses in tech stocks offset the impact of a surge in oil prices. The number of Americans filing for unemployment benefits rose slightly last week.

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23Feb2017 Market Commentary: US Markets Gap Up At The Opening, Crude Prices Move Higher, Some Analysts Are Getting Cold Feet On The Market Relentless Climb To New Highs

Written by Gary

Wall Street opened higher, gaping up to set, again, new historic highs (SPY +0.2%). WTI crude moved up into the high 54 handle while the US dollar slips moderately. "Only 'blind faith' could cause me to be long this market," says Doug Kass, in the headline of a blog post today.

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22Feb2017 Market Close: Wall Street Passes On New Highs Except For The DOW, Interest Rate Hike May Come Sooner Rather Than Later

Written by Gary

Wall Street closes mostly down with the SP 500 ending modestly weaker on Wednesday, holding losses after minutes from the Federal Reserve's last meeting kept alive a potential near-term rate hike.

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22Feb2017 Market Update: DOW Rises To New High, Are Investors Betting That Nothing Will Go Wrong In Next Few Months, Crude Prices Slip Further, Investors Are Way Too Optimistic

Written by Gary

The Dow Jones Industrial Average ticked higher in its attempt to log its best record-setting streak in three decades but the broader stock market struggled today as investors awaited the latest Federal Reserve meeting minutes to decipher the timing of the next interest-rate increase.

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22Feb2017 Pre-Market Commentary: Wall Street May Take A Break Today And Open Flat And Down, US Dollar Remains Higher, Crude Slips, Investors Watching Yellen Today For Higher Interest Rate

Written by Gary

US stock future indexes pointed to equities taking a break as they are registering near the unchanged line with small losses (SPY -0.2%). Crude prices slipped lower this morning, but remained near seven-week highs on OPEC's commitment to cut production.

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21Feb2017 Market Close: New Record Highs, Crude Slips Off Session Highs, US Dollar Settles Near Highs

Written by Gary

U.S. stocks rose to fresh record highs today boosted by strong earnings reports from Wal-Mart and other retailers and continued optimism about the economic agenda of President Donald Trump.

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