Markets were ahead for most of the day, but just before they closed major indices ended down. This in spite of the fact that the National Association of Realtors said that home resales increased 3.4 percent in April. In corporate news, Millward Bro…
Daily Market Commentary
Markets Fall Just Before Closing (AAPL, GIS)
May 22nd, 2012Expansionary Chinese Monetary Policy Pushes Markets Up (FB, LOW)
May 21st, 2012Chinese Premier Wen Jiabao promised an expansionary policy in order to stimulate the country’s consumption, and markets responded positively after three weeks of losses. In corporate news, Facebook (FB) disappointed today as its stock dipped over 1…
Facebook IPO Fallout: Stocks Sink on Friday
May 18th, 2012Markets finish the week with mixed results on a Friday where investors finally got a glimpse at the long-awaited Facebook IPO (FB). The social network pioneer debuted at $38 per share, going up as much as 13% before finish slightly above their open…
Greek Downgrade Hits Markets Hard (WMT, HPQ)
May 17th, 2012New of a credit downgrade for Greece knocked major indices down by over 1 percent today, with the Nasdaq down over 2 percent. Treasury yields fell, and 30-year mortgages hit a record low. In corporate news, Wal-Mart (WMT) saw its Q1 net income incr…
Markets Down on Greece, Fed Statement (JCP, LUV)
May 16th, 2012Stocks were down again today as the Federal Reserve warned of an impending fiscal tightening, and the situation in Greece remained unresolved. In corporate news, J. C. Penney (JCP) took $163 million in losses in Q1. Southwest Airlines (LUV) had t…
Greek Uncertainty Sends Markets Down for the Day (GRPN, JPM)
May 15th, 2012Major indices fell today, as the Greek government continued to fail to form a governing coalition. There was positive news in housing, however, as new data from the National Association of Home Builders came out indicating that market confidence wa…
Markets Suffer a Case of the Monday’s Thanks to Euro Zone (JPM, GRPN)
May 14th, 2012Markets began the week with gloom as the Dow recorded triple digit losses and the S&P 500 hits it’s lowest point in months. Scapegoats include continued Euro Zone fears and more fall out from JP Morgan’s (JPM) $2 billion debacle. In other contr…
STUNNING: JP Morgan $2B Loss Headlines Friday’s Events (JPM, LNKD)
May 11th, 2012Domestic markets finished the week with a relatively flat Friday, but off of early losses. The big news on Wall Street was JP Morgan’s (JPM) stunning $2 billion loss, raising eyebrows for the banking industry and economic outlook in general. Bankin…
Stocks Up on Lower Jobless Claims (SNE, FDX)
May 10th, 2012Major indices were up today on news that jobless claims were down by 1,000 for the week, and on signs of progress in Europe. In corporate news, Sony (SNE) posted $5.6 billion in losses for their fiscal year, and a 10 percent drop in sales. FedEx (F…
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Recent Commentary and Articles
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InvestorGuide Contributors
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Post-IPO, Facebook Finds Itself in Hot Water (FB, WMT)
May 23rd, 2012After its highly anticipated Nasdaq debut last Friday, Facebook (FB) has fallen far short of expectations, sinking by 16 percent in its first three days. Some shareholders are now alleging that Facebook withheld a pessimistic forecast before the IP…
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