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Daily Market Commentary

Dow Posts Best 1-Day Point Gain Since November 2011

December 18th, 2014

The Dow continues its effort to make up for its recent shortcomings as the Dow jumped up 421 points today – its biggest 1-day point gain since November 2011. The good news from the Fed regarding no immediate plans to increase short-term interest rates carried over today. The shale industry has been a blessing to
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Stocks Surge to Best Day of the Year on Fed’s Announcement

December 17th, 2014

Stocks experienced a much needed surge today after the Fed signaled that they could raise interest rates in the coming months, but also said that they would remain patient in doing so. The Dow rose 288 points while the S&P 500 jumped up 2% in the best day of the year. President Obama announced plans
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Fed Expected to Signal Rate Hike This Week

December 16th, 2014

The Dow fails to rally and closes the day down 112 points. The Dow and the S&P 500 have now ended in the red for six of the past seven days. Today the Russian ruble fell 23.2% vs. the U.S. dollar, marking an all-time low for the Russian currency. Despite falling gas prices many believe
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Investors Compare Drop in Oil Prices to the Dot-Com Bust of 2000

December 15th, 2014

As oil prices continue to drop, so does the stock market. Oil prices fell below $56 a barrel today and the Dow fell 100 points; the S&P 500 and Nasdaq also finished the day in the red. Typically this time of year brings investors great joy as the Santa Rally is in full swing, but
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Dow Closes Out Worst Week in 3 Years, Falls 315 Points

December 12th, 2014

The Dow continues to get hit by the falling gas prices and ends the day down 315 points. The Dow closed out the week as one of its worst weeks in 3 years. Gas prices also continue to fall, down below $58 a barrel. December historically has been a very friendly month for stocks, but
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Crude Oil Falls Below $60 a Barrel, Lowest Price Since 2009

December 11th, 2014

The Dow Jones and S&P 500 ended a 3-day losing streak today in wake of a report showing strong retail sales in November. Crude oil prices continue to fall, plunging below $60 for the first time since July of 2009. This is seen as a ‘tax-cut’ for U.S. consumers as many people are spending what
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One of the Worst U.S. Stock Market Days of 2014

December 10th, 2014

Today marks one of the worst days of 2014, in regards to the U.S. stock market. The continual decline of gas prices led to the Dow falling 268 points and the S&P 500 losing 1.6%. A gloomy output for oil in 2015 sent crude oil prices plunging once again. OPEC slashed oil production estimates for
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The Dow Stages a Comeback But Falls Short, Ends the Day Down 51 Points

December 9th, 2014

The Dow attempted to stage a comeback today after falling 222 points, but failed to deliver as it ended the day down 51 points. Global economic concerns weighed heavy on the stock market today. Chinese and European markets plummeted today and Greece saw one of its worst trading days in a decade. After falling 5%
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Tesla’s Stock Plunges as Oil Prices Continue to Fall

December 8th, 2014

Stocks end the day down after the energy sector sector fell 5% due to the continual drop in oil prices. The energy sector isn’t the only one that is hurting due to the falling gas prices, Tesla’s stock has fallen more than 25% since September as alternative fuel is not deemed necessary due to the
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321,000 Jobs Added in November; Dow Finishes Just Below 18,000

December 5th, 2014

The Dow Jones falls just short of reaching 18,000, ending the day at 17,958. 321,000 jobs were added in November, blowing past even the most optimistic expectations. The release of the jobs report puts 2014 on track to become the best year for job growth this century. The unemployment rate remained unchanged at 5.8% as
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Starbucks Shares Near All-Time High; S&P 500 Up 12% in 2014

December 4th, 2014

Despite ending the day in the red, stocks are still on track to make strong gains in 2014. The S&P 500 is up 12% in 2014 alone. Starbucks (SBUX) shares approached all time-highs today after unveiling their ambitious 5-year growth plan. The coffee chain plans on adding additional stores, increasing menu offerings and offering alcoholic
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Dow Closes Above 17,900 for the First Time; 208,000 Jobs Added by Private Sector in November

December 3rd, 2014

Stocks climbed further today as the Dow Jones and S&P 500 notched all-time closing highs. The Dow Jones even closed above 17,900 for the first time ever today. Stocks rose as reports were released regarding steady job growth and other positive economic news. The U.S. private sector added 208,000 jobs in November, missing the estimated
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Dow Soars to 32nd Record Close of 2014; CEOs Trimming 2015 Forecasts

December 2nd, 2014

After falling yesterday, stocks recovered today as the Dow soared 102 points to close at its 32nd record finish of the year. Nasdaq and the S&P 500 also finished in the green today. The nation’s top CEOs trimmed their 2015 forecasts today in regards to capital spending and sales, but increased their hiring plans over
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Will the ‘Santa Rally’ Return This December?

December 1st, 2014

After a strong November, December starts off on a low note as the U.S. stock indexes end the day in the red. Many investors are expecting a ‘Santa rally’ this month as consumers will have more income on hand if gas prices remain low. December is historically known as an investor-friendly month and has been
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U.S. Unemployment Claims Top 300,000; Record Closes Continue

November 26th, 2014

The Dow Jones and S&P 500 set new closing highs the day before the U.S. stock market will be closed for Thanksgiving. U.S. unemployment benefit claims jumped up above 300,00 for the first time in almost three months. The biggest shopping day of the year is quickly approaching. More stores than ever are opening on
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Apple Valued at $700 Billion; U.S. Economy Grew 3.9% in Q3

November 25th, 2014

Stocks end mixed today on a relatively quite day. Today, Apple (AAPL) became the first company ever to be valued at $700 billion. Apple’s shares were trading as high as $119.75, giving the tech company a value of nearly $707 billion. The company has now surpassed analyst’s 18-month price target of $118.88 a share. U.S.
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Verizon Hopes to Entice Cord-Cutters; Dow and S&P 500 Close at New Record Highs

November 24th, 2014

The Dow Jones and S&P 500′s winning streak continued as both stock indexes closed the day with new record highs. Wall Street is hoping that the momentum will continue into this shortened holiday week. Verizon (VZ) is offering a new TV and internet package in hopes of enticing cord cutters. For only $59.99 a month,
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Global Stimulus is Stimulating the Market; Nasdaq Continues to Edge Closer to 5000

November 21st, 2014

Stocks continue to push higher into record territory as the Dow Jones and S&P 500 finish yet again at record highs. With these new record highs, the U.S. stock market was poised to achieve a fifth straight week of stock gains. Overall, global markets all performed well today after central bankers from China and Europe
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Dow Up 6.9% This Year; U.S. Jobless Claims Fall to Lowest Level Since 2000

November 20th, 2014

U.S. stocks climbed higher today with the Dow and S&P 500 hitting new closing highs. Investors were pleased with the positive economic data that was released today – stronger home sales, taming of inflation, and declining jobless claims. Apple (AAPL) stock hit yet another all time high today and is approaching an important level. Apple’s
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October’s Minutes Show Fed’s Debate; Staples Boosts Profits By Closing 170 Stores

November 19th, 2014

U.S. markets end the day slightly down. The minutes from October’s Federal Reserve meeting were released this afternoon and showed much debate occurring over the timeline of raising interest rates. Some policy makers thought they should eliminate the pledge to keep interest rates low “for a considerable time”, while others believed an announcement and move
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