Despite the NASDAQ closing at a new record high today, both Republican Presidential nominee Donald Trump and world renowned economist and publisher of the Gloom, Boom and Doom Report Marc Faber said today that the markets are ready for a big fall. A day after detailing his economic plan, Donald...
"I just think people are bottom-fishing here"   -James Meyer, chief investment officer at Tower Bridge Advisors And thus was one investor's opinion of what happened on Wall Street on Tuesday.  Markets experienced a 2nd straight day of gains as the S&P added 1%,  oil stabilized and Caterpillar (one...
The Dow Jones Industrial average saw its five day winning streak come to an end today as China was back in the news, which didn't bode well for Wall Street. Weaker-than-expected Chinese trade data increased investor worry about international economic growth. Ben Pace, chief investment officer at HPM Partners said: "I...
It was a down day on Wall St. as stocks closed lower across the board.  Investors continued to consider the possibility of a December rate hike and looked closely at 3rd quarter earnings. According to CNBC: "Should the economy show signs of improvement and global conditions do not worsen, the Federal...
U.S. stock futures were mostly flat on Thursday, the day after the minutes from the most recent meeting of the Federal Open Market Committee all but confirmed an interest rate hike before the end of 2015. While only a few policymakers support a rate hike as soon as June, the...
U.S. stocks were down Wednesday, as another turbulent day in the Chinese market had spillover effects to the United States. The Shanghai Index tumbled another 5% within Wednesday’s session, before recovering to finish up more than 1%. But the intra-day volatility impacted other Asian markets such as Japan and Singapore,...
The final day of the trading week ended one of the worst weeks in Wall Street's history & the session ended much as it began on Monday, with big losses. The major indexes finished the week with losses of nearly 6 percent or more, one of their worst starts...
U.S. stocks fluctuated considerably Monday, as investors weighed data, oil prices and other factors. By the end of the day, major indexes rebounded thanks to a 3.5% rise in oil prices. Both indexes suffered major losses last week to end the abysmal month of January. This is the second straight...
The continued fall of oil prices was the big story on the markets this week. It was Wall Street’s worst week of 2014, and the Dow’s worst week in three years, as it dropped 683 points!! Lower gasoline prices may be keeping more money in your pockets, but oil...
Another up day on Wall Street to start the new trading week.  Despite signals to the contrary, the market continues to baffle many experts who do not believe the bulls should be running.  Wall Street is on it's way to three straight weeks of gains as the Dow and...