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Daily Market Commentary

Despite a Down Market, Oil Ends Week Above $60

May 29th, 2015

Markets dropped like a rock in trading today, as the Dow lost over -100 points and closed just slightly above the recently-set 18k floor. The S&P 500 and NASDAQ both fell as well, shedding a combined -40 points. The Dow was down -115.44 points on the day, and closed at 18,010.68. The S&P 500 declined … READ MORE

Health Services Sector Making Money as the Market Falls

May 28th, 2015

Markets fell across the board in trading today, but the Dow led the way with a -0.20% decline. The NASDAQ fell -0.17%, or -8.61 points, to close the day’s trading at 5,097.98. The S&P 500 was also down slightly, falling just -2.69 points to close at 2,120.79. The Dow dropped -36.87 points, and closed out … READ MORE

NASDAQ Leads Wednesday’s Recovery

May 27th, 2015

Markets were up, as the NASDAQ lead Wednesday’s recovery. The Dow gained 121.45 points to close at 18,162.29. The NASDAQ was up nearly 1.50% on the day, gaining 73.84 points to close out at 5,106.59. The S&P 500 split the difference and rose almost a full percentage point, climbing 19.28 points to 2,123.48. In overseas … READ MORE

The Dow’s Long, Slow Tuesday Slide

May 26th, 2015

Markets were down all day in trading today, slipping lower and lower as the afternoon wore on. The Dow was down -190.41 points by the end of the day, closing at 18,041.54 for the first time in over a week. The NASDAQ and S&P 500 fared the same, with losses taking their toll all day … READ MORE

The Return of the Strong Dollar Market

May 22nd, 2015

Markets fell slightly in a strong dollar day, as retail and banking lead the way to the bottom. The Dow lost -53.72 to close at 18,232.02, while the NASDAQ closed down -1.43 to 5,089.36. The S&P 500 dipped -4.76 points to end the day’s trading at 2,126.06. In overseas trading today, Germany’s DAX fell -48 … READ MORE

Is $60 Going to Be a Floor or Ceiling for Oil This Summer?

May 21st, 2015

Markets were relatively flat in general today, but there were a few big movers in the energy and tech sectors. The Dow closed up just 0.34 points, ending the day at 18,285.74 in slower than average trading. The NASDAQ moved the most, but it was a small step up. It gained 19.05 points to close … READ MORE

American Apparel (APP) Sues Its Former CEO

May 21st, 2015

A one-line, Friday evening press release from American Apparel (APP) briefly mentioned a countersuit against former CEO Dov Charney. Charney, who was fired late last year for a laundry list of reasons, has filed suit in order to regain control of the company he founded. All of this drama played out quietly, since American Apparel … READ MORE

Euro Dips Near Record Lows in Wednesday Trading

May 20th, 2015

Markets today were mixed, with only the NASDAQ posting a profit on the back of resurgent tech companies. The Dow lost -26.99 points in trading today, and closed at 18,285.40. The NASDAQ was up slightly, gaining 1.71 points to close the day at 5,071.74. The S&P 500 mirrored the Dow, losing -1.98 points, or just … READ MORE

Markets Mixed in Tuesday Trading

May 19th, 2015

Markets were mixed in trading today, with only slight movement occurring in moderate-volume trading. The Dow posted the only gains of the day, it put on 13.51 points to close at 18,312.39. The NASDAQ fell as tech stocks took a beating, and lost -8.41 points over the course of the day. The S&P 500 fell … READ MORE

Monday Upgrade Sends Apple and Netflix Soaring

May 18th, 2015

Markets were up in low-volume trading today. The Dow posted a 26.32 point gain on the day, rising just 0.14% to 18,298.88. Upgrades to Apple and Netflix sent the NASDAQ out ahead of the pack, posting a 0.60% gain to close the day up 30.15 points to 5,078.44. The S&P 500 made gains as well, … READ MORE

Markets Flat in Friday Trading

May 15th, 2015

Markets ended the week with a whimper, hardly moving at all on the day. The Dow gained 20.32 points in trading, and closed at 18,272.56. The S&P 500 was up just barely, with a 1.63 point gain to end the day at 2,122.73. The NASDAQ fell -2.51 points to close at 5,048.29. In overseas trading, … READ MORE

Kohl’s Earnings Beat Leads to Thursday Selloff

May 14th, 2015

Markets rebounded in trading today, with the Dow leading the way in triple-digit gains. At the end of the day, the Dow closed up 191.75 points for a total of 18,252.24. The NASDAQ was the largest gainer in real terms, making 1.39% on the day. It gained 69.11 points and closed at 5,050.80. The S&P … READ MORE

Tech Rally Pulls the NASDAQ Into the Black

May 13th, 2015

Markets continued to be flat today, with the Dow falling slightly and the NASDAQ rising. The S&P 500 also barely fell, losing 0.64 points to close at 2,098.48. The Dow was down -7.74 to end the day at 18,060.49. The NASDAQ gained 5.50 points to close at 4,981.69. Overseas trading was mixed, with Japan and … READ MORE

Markets Flat in the Face of Rising Oil Prices

May 12th, 2015

The markets were down slightly in trading today, with the Dow falling just -36.94 points to close at 18,068.23. The NASDAQ also fell, losing -17.38 points to end the day at 4,976.19. The S&P 500 was essentially flat, losing -6.21 points to close at 2,099.12. In overseas trading, markets around the world took a pounding … READ MORE

Monday Exposes a Brittle Energy Sector

May 11th, 2015

Markets were down in high-volume trading today, as shareholders sold off stocks due to weak Q1 earnings. The Dow fell -85.94 points over the course of the day in a slow, steady decline. The Dow ended the day at 18,105.17. The NASDAQ fell -0.20%, losing -9.98 points to close at 4,993.57. The S&P 500 was … READ MORE

Royal Caribbean Sets A Good Example

May 8th, 2015

Market Check-In. For the second week in a row, markets have boomed on Friday. Today, the Dow shot up 267.05 points to close at 18,191.11. The NASDAQ didn’t bounce as high, but still managed to close up 58.00 points to 5,009.55. The S&P 500 gained 28.10 points, and closed at 2,116.10. In overseas trading, the … READ MORE

Late Rally Moves Markets Out of the Red

May 7th, 2015

Market Check-In. All three exchanges posted an excellent day today. The Dow was up 82.08 points and closed at 17,924.06. The NASDAQ and S&P 500 both made gains as well, with the NASDAQ up 25.91 and the S&P rising 7.85 points. In overseas trading today, Germany was steady while all of Asia took a fairly … READ MORE

Oil Holds $60 On An Otherwise Down Day

May 6th, 2015

Market Check-In. Markets lost ground for the second straight day in trading today. All three major indexes fell, and with the exception of the price of oil and bond yields, there were big-money losers across the board. The Dow fell -86.22 points to close low, at 17,841.98. The S&P 500 and NASDAQ both followed, with … READ MORE

Markets Down, Oil Over $60 as OPEC Claims Loss of Pricing Control

May 5th, 2015

Market Check-In. Exchanges fell across the board today, but point for point the NASDAQ continued to be hit hardest. The Dow lost over -140 points in trading, and closed the day at 17,928.20. The S&P 500 lost -25 points to close at 2,089.46. The tech-heavy NASDAQ lost a full 1.5% of value and dropped -77 … READ MORE

Cognizant Surges Over the Weekend to Lead Gains on Monday

May 4th, 2015

Market Check-In Between Friday’s rally and today’s hold, markets closed the day steady around 18k. Investors are looking for that to be the summer floor for trading, so days like today are a win in the long run. There was lighter than usual trading today, but all three indexes rose in spite of it. The … READ MORE