- 09, 29, 2014
- Comments Off on Stocks slide on global growth fears
- By William Lynch
- Economy, European Central Bank, Federal Reserve, Interest Rates, The Market
Stocks slide on global growth fears
October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February. – Mark Twain In a week characterized by an absence of potential market-moving economic data, the S&P 500 Index dropped over 1% on concern over global growth, […]
Take a Tour- 09, 22, 2014
- Comments Off on Fed statement propels Dow to record high close
- By William Lynch
- Economy, Federal Reserve, Interest Rates, The Market
Fed statement propels Dow to record high close
Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway. – Warren Buffett The Dow Jones Industrial Average was the big winner last week among the major averages as it added almost 300 points to close at a new record high after […]
Take a Tour- 09, 15, 2014
- Comments Off on Stocks decline on interest rate fears
- By William Lynch
- Economy, Federal Reserve, Interest Rates, The Market
Stocks decline on interest rate fears
Derivatives are financial weapons of mass destruction. – Warren Buffett The stock market succumbed to the laws of gravity last week as the S&P 500 Index declined about 1% after posting gains for five consecutive weeks. Although the calendar was light for both economic data and quarterly earnings reports, heightened investor fears over the possibility […]
Take a Tour- 09, 08, 2014
- Comments Off on S&P 500 at all-time high on ECB rate cut
- By William Lynch
- Corporate Earnings, Economy, European Central Bank, Federal Reserve, Interest Rates, The Market
S&P 500 at all-time high on ECB rate cut
Money is better than poverty, if only for financial reasons. – Woody Allen The major stock averages closed modestly higher last week on news that the European Central Bank (ECB) decided to cut its key interest rates from an already low 0.15% to .05% in an attempt to stimulate weakening economies in the euro zone. […]
Take a Tour- 09, 02, 2014
- Comments Off on S&P 500 closes above 2000 on earnings, economic data
- By William Lynch
- Corporate Earnings, Economy, Federal Reserve, Interest Rates, The Market
S&P 500 closes above 2000 on earnings, economic data
When I was young I thought that money was the most important thing in life; now that I am old I know that it is. – Oscar Wilde Positive economic data and better than expected second quarter corporate earnings again trumped geopolitical tensions as the S&P 500 Index closed at yet another record high, this […]
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