The S&P 500 index closed last Friday at exactly 2,052.32 points. This means that for the year, the equities benchmark has only gained 0.6%. In other words, this is a horizontal market. Fundamentally, the blue chips have been stymied by a very tough earnings...
There’s no way to sugar coat it — the blue-chip markets have had a rough week. Based on other factors, it may get rougher still. Last Friday — coincidentally, the only Friday the 13th of this year — the Dow Jones Industrial Average lost 185...
The plot sounds straight out of a best-selling thriller or a Hollywood blockbuster. A group of leading international bankers gathered together in a secret, off-the-record meeting to coordinate the trajectory of major currencies. These actions were to be implemented...
Time has run out on the equity market makers — the gold and silver train is coming and it’s not stopping for anyone! Despite a tremendously choppy year, the dominant trajectory of gold and silver prices cannot be denied. Gold bullion is now just a few...
Although the U.S. financial markets have tacked on a generally positive week, we are still no closer to determining their long-term trajectory. Will the markets continue to push forward as the “best house in the worst block?” Or will they tumble, fast and...
On the front of it, the financial markets have had a fairly good showing. The benchmark S&P 500 slipped slightly on Friday, but managed to net gains for the week. That put the SPDR S&P 500 (NYSEARCA:SPY) — the exchange-traded fund that tracks the index...
Wall Street is at a critical juncture. While large capitalization stocks managed to end last Friday’s session on a positive note, it was bullish only as a technicality. For the week ending April 8, 2016, the benchmark S&P 500 closed down -1.21%, a...
Against some pretty incredible odds, the long-standing benchmark Dow Jones Industrial Average last week gained 277 points over the prior week’s close. That puts the Dow Jones up 643 points for the year, and caps off a fairly solid run that began in mid-February....
The financial markets do not look well — and that could signal some rough waters as we steadily head towards the summer season. Despite strong employment numbers on paper, and amid a Federal Reserve that is positioning itself in a more dovish manner, Wall Street...
The ugliness of the crude oil markets took a much-needed reversal, and energy producers worldwide are breathing a collective sigh of relief — for now. Year-to-date, the international benchmark Brent Crude Oil has definitely moved into positive territory, up 8%....