Equity markets moved higher this week after an early retreat from digesting monster gains since Brexit. It awoke Thursday and Friday and managed to close up around 1% here in the US. Both the S&P 500 and NASDQ closed at …
All four key US equity indexes posted modest gains with the S&P 500 hitting new all-time highs despite having to digest the monster rally off the June Brexit lows. The tech laden NASDQ 100 which stalled this year, has staged …
Equity markets worldwide roared this week. Most closed up around 2% on strong volume despite yet another horrible attack in France. Our sympathies go out to all those impacted by the senseless violence.
Two key benchmarks, the S&P 500 and …
Does anyone remember Brexit? In case you might have been napping the last week or have been without access to the internet, well that is now a long forgotten non- event whereby the British committed financial hari-kari by voting to …
The Brexit vote was a shot heard around the world much like the first skirmish at Lexington and Concord that ushered in the American Revolution. The roles might be reversed however as the EU can be seen as the puppet-master …
Global Equity Markets melted down Friday and depending on one’s vantage point, it varied from -16 % (Spain) to merely -3.6% for US Equities. (SPY). The flight out of Eurozone assets hit frenzied levels and at one point Gold was …
This week world equity markets retreated, buffeted by the upcoming vote on June 23 deciding whether Britain will stay or leave the EU. This week US stocks ended down -1 to- 2%, along with the global equities in general. However, …
Thursday’s news was all about how Geroge Soros, famous for reaping over a billion in profits in 1992 on a bet that “broke” the bank of England by forcing it to devalue the British Pound, has returned to trading and …
Equity markets put in mostly positive results this week while digesting meek employment data. The lagging indexes such as the NASDQ and the Russell 2000 made decent gains while the Dow and SPY basically flat lined.
The longer term trend …
Sly Stone 1971
This week presidential elections continued to be volatile (like the markets). Trump showed up for a rally in Albuquerque, New Mexico and a riot broke out. Protestors broke through police barricades and tear gas had to be …