And so the story goes… The stock market thrived for five years and finished at record heights in 2013, just to begin a familiar trend back down immediately following its bull market peak. Or at least that is what is running through the minds of investors as we come...
But investors aren’t wiping the 2014 sweat from their foreheads just yet. December’s jobs data delivered an unexpected drop in the unemployment rate but was dwarfed by the even less expected weak number of jobs gained in December.
The Dow Jones finished at 16,483.26 (+0.67%)
The S&P 500 finished at 1,848.39 (0.52%)
The Nasdaq...
Unemployment fell to 6.7% from 7% today. Great news? Apparently not...
The new "unemployment rate" was coupled by a jobs report that fell very short of the economists expectations. The economy only added 74,000 jobs in December when economists were predicting 193,000.
So why the extreme contrast in data?
The unemployment rate...
Wall Street continued to stay true to the 2014 theme as stocks ended the first week of trading down and not nearly as bullish as 2013,
Again, it may be too quick to start speculating on the psyche of investors just yet, as it understood that trading volume is low...
As expected, trading is off to a boring start for the last week of trading in 2013. All three major indices showed little change on the Monday following Christmas, as many offices that move the markets are somewhat vacant due to staff taking off for the holidays. A lack...
Investors embraced this week in the same fashion they have been embracing 2013, stocks continued to rally. The difference that sets this week apart from most of 2013 rallying is the motivation that is driving higher investment volume. This week, markets are going up on reaction to good economic...
Trading volume was light on the market today, as investors have been gearing up for Black Friday. However, this didn’t stop the bull from sending market indices into new record highs, a phrase that has become pretty common place in recent headlines.
The Nasdaq passed 4,000 today, while the S&P...
