The big news in the market this week is the downward movement in the major United States (U.S.) exchanges. Thursday saw the end of a 6 month winning streak in the Dow Jones Industrial Averages (Dow) and a 5 month streak for the Standard and Poor (S&P 500). Still, the 3 major U.S. exchanges remain in positive territory for 2016. The Dow is up +5.6%,the S&P 500 +6.2% and the technology heavy NASDAQ +4.1%. Investors continue to wait on the U.S. Federal […]
Investment Newsletter Updates
Weekly Market Review & Target Fills August Week 4
The big news in the market this week is the lack of movement in the major United States (U.S.) exchanges. Today will be the 35th trading session, where the Standard and Poor has moved less then 1% in either direction. This condition in equities, has not occurred in decades. The week began with the U.S. Federal Reserve Bank (Fed) watchers speculating on whether at long last interest rates would begin to move up again. Although there are some indicators like an improving […]
Weekly Market Review & Target Fills August Week 3
The big economic news for the week, is the surge in the price for crude oil this week. American West Texas Intermediate (WTI) increased from $44.38 USD (United States Dollar) last Friday to $48.27 this morning. This is a gain of 8.77%. International Brent during the same period went from $46.71 USD to $50.74 USD. This indicates a 8.63% increase in the price for the week. Prices are now at 7 week highs. The surge in valuation in the United States equity markets, […]
Weekly Market Review & Target Fills August Week 2
The big economic news for the week, is the surge in the United States equity markets. For the first time since 1999, all three major composites reached life time highs. On Thursday, the Dow Jones Industrials hit 18,613.52 a gain of 6.8% in 2016. The Standard & Poor 500 which is up 6.9% this year, topped at 2,182.25 and the NASDAQ increased to 4,801, an addition of 4.4% in 2016. The United States markets were slightly down on Friday, but were able […]
Weekly Market Review & Target Fills August Week 1
The big economic news for the week is the actions taken by the Bank of England in the United Kingdom. The benchmark interest rate was cut from 0.5% to 0.25% a 100% reduction. It is the first reduction since 2009 and is another unprecedented low in the 322 year history of the central bank. The central bank in the United Kingdom has also decided to expand the asset purchase program by £60 billion the equivalent of $78.16 billion USD (United States Dollars) […]
Weekly Market Review & Target Fills July Week 5
The big economic news for the week is the spectacular growth in revenue for the United States technology giants and the far lower economic growth than forecast. The American companies of Apple, Amazon, Facebook, Google, Microsoft, are global leaders in their respective fields. Quarter 2 results saw impressive revenue growth overall. The United States economic GDP (Gross Domestic Product) growth came in at 1.2%, while 2.6% was forecast. In addition, Quarter 1 GDP was revised downward again, back to 0.8% from 1.1%. […]
Weekly Market Review & Target Fills July Week 4
The major news event effecting markets globally especially in Europe, was the failed coup attempt against President Erdogan that took place in Turkey last Friday. About 290 people were killed and over 50,000 arrested detained or suspended. It is likely these targeted lists were created well in advance by the government. Travel and tourism stocks there have moved lower as a result. The aftershocks were felt in European markets already taking a hit from the recent terrorist attacks. The Turkish Istanbul 100 […]
Weekly Market Review & Target Fills July Week 3
The major news event effecting markets globally especially in Europe, was the terrorist attack that took place in Nice, France on Thursday. At least 84 people have been killed. Travel and tourism stocks have moved lower as a result, it is creating a terror driven sell off in European markets. The big investment news for the week is the surge in the American Dow Jones Industrial Average after a nearly 5% loss, as a result of Brexit. A six day rally has […]
Weekly Market Review & Target Fills July Week 2
The big news for markets this week is the rebound towards the end of the week in global indexes, following the precipitous drop that started the week on continuing Brexit fears, as well as a slowing United States and global economy. The American Dow Jones Industrial Average after losing some 300 points earlier in the week, has now pushed past 18,000, in a rally this morning with a gain of 200 points. This was due to the positive June jobs report. The […]
Weekly Market Review & Target Fills July Week 1
The big news for markets this week was the rebound in global indexes, following the precipitous drop that followed the Brexit vote last week. The electorate in the United Kingdom have voted to leave the European Union. There had been a total loss of $3 trillion USD (United States Dollar) in world equities as a result of Brexit earlier this week. The American Dow Jones Industrial Average after losing close to 900 points in two days has now pulled nearly even, to […]