Daily Market Commentary

Stocks end the day lower, signaling an end to a six day winning streak. New home sales in March fell a whopping 14.5%, partially due to severe winter weather and higher mortgage rates. SodaStreams (SODA) stocks were up nearly 15% during the morning session and closed up 11% after it was reported that SodaStream may
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All three U.S. stock indices ended the day in the green after word of huge pharmaceutical deals. Comcast (CMCSA) reported that their first quarter income was up 30%, partly due to the Olympics and increased internet demand. It is reported that fast food CEOs make approximately 1,000 more than their workers. For example, the CEO of
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The S&P 500 continues its rally and ends the day in the green for the fifth straight day. Ford (F) is expected to announce its new CEO within the next month. The automaker is expected to name Mark Fields, who is currently the COO, as the new CEO. Square is looking into a possible sell.
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Dow Jones ends the day down for the second day in a row, while Nasdaq and the S&P 500 end the day the the green for the fifth straight day. Mazda announced the recall of 109,000 older SUVs today. The automaker is recalling these SUVs based off a rust issue that could result in a
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Stocks continued to rally to end in the green for the fourth straight day, with the exception of the Dow Jones which ended the day slightly down. President Obama announced today that a total of 8 million Americans have signed up for health care exchange polices by the deadline date of March 31. U.S. jobless
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Stocks end the day up after the release of the Fed’s “beige book” which suggests that the economy is gaining after a rough winter. The growing economy is expanding due to increased consumer spending and an improving labor market. Yahoo’s (YHOO) shares jumped up 11% yesterday mainly due to large revenue gains made by Alibaba,
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Stocks end the trading day barely up as they continue to recover from last week. The rising tension in Ukraine continues to be on investors minds which drew the stocks down but thankfully the better-than-expected corporate earnings reports drove the stocks back up. The chair of the Federal Reserve, Janet Yellen, spoke at a banking
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Stocks rallied to end the day slightly up after Citigroup (C) announced that they beat Q1 earnings expectations. Retail sales also were up 1.1% in March which is the biggest monthly gain since September 2012. This signals that consumers are ready to spend now that the harsh winter is now over. Google (GOOG) announced today
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Stocks fall once again today, with Nasdaq falling 1.2%. Only 3 companies still have the coveted AAA rating from the S&P 500 after Automatic Data Processing (ADP) was stripped of its credit rating and downgraded to AA. The 3 companies that remain are Johnson & Johnson (JNJ), Exxon-Mobil (XOM) and Microsoft (MSFT). Zoe’s Kitchen (ZOES)
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After a solid recovery yesterday, the stocks plummeted today. The Dow Jones dropped more than 250 points and Nasdaq closed down 3.1%. Investors believe that the Nasdaq selloff should be a cause for concern in the near future. Citing falling sales and poor winter weather, Family Dollar (FDO) announced plans to cut jobs, close approximately
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The Federal Reserve released the minutes from their mid-March meeting which showed that the overwhelming majority of its members believed that they should wait until 2015 or later to increase short-term interest rates. This news sent stocks soaring, especially the Dow Jones which rose 181 points on the day. Toyota (TM) is trying to avoid
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After ending down for three straight days, the U.S. stocks end the trading day in the green. The turnaround is due to tech stocks bouncing back with a vengeance. In response to the continual decline in soda sales, Pepsi (PEP) has announced plans to release three new products this summer. Pepsi unveiled their plans to
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The stock slump continues as U.S. stocks fall for the third straight day, with Nasdaq falling 1.2%. Ford (F) now joins the automobile recall wave as it announced that it is recalling 435,00 vehicles. Ford has two separate recalls, one to fix rusty frame parts and the other to replace seat back frames that weren’t
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Stocks stumbled today, especially Nasdaq which fell over 100 points on the day. Investors are blaming the fact that the unemployment rate remained constant despite the job market growing by 192,000. Another factor is that a few “momentum” stocks, which include Facebook (FB), Tesla (TSLA), and Amazon (AMZN) shares fell today, possibly signaling that they
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After hitting intraday records, the Dow & S&P 500 ended the day down, along with Nasdaq. Nearly a quarter of The Star-Ledger’s workforce is being laid off. Around 167 jobs in the corporate offices of New Jersey’s largest daily newspaper are being eliminated in hopes to cut costs. Home prices seem to be leveling off,
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Stocks continue to rally and end up for a second straight day as the S&P 500 achieves yet another record close. Investors are worried that there may be a crash similar to what occurred in 1987 on the horizon. Many investors are marveling at the similarities of the bull market today to that of 1987
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The second quarter started off with a bang as the S&P 500 closes the day at an all-time high. The Dow Jones and Nasdaq also posted gains on the day. Many are hoping that this winning start to the second quarter means that the economy will pick-up after faltering during the winter months, partially due
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U.S. stocks ended up on the last day of the first quarter of 2014. Newly appointed General Motor’s (GM) CEO, Mary Barra prepared for a House subcommittee investigation regarding the recent recall of over 2.5 million small cars. She explained to them that while she is currently unable to say why it took years for
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Despite the rocky start to U.S. indices this year, many traders believe that the bull market has not ended and will continue. Out of all the traders surveyed by Charles Schwab, 42% say that they do believe that the bull market will not end until sometime in 2015. This shows that some investors are continuing
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Stocks end down once again today, with some warning flags being raised. 2013 was the best year on Wall Street since 1997, and 2014 isn’t off to the same great start. There are many different thoughts out there to the reasoning behind the slow start; they range from increased risk aversion in investors to some
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