Daily Market Commentary

Stocks end the day down as disappointing earning reports roll in. The Dow ended the day down 291 points, Nasdaq fell 90 points and the S&P 500 was down 27 points at the end of the trading day. Proctor & Gamble (PG) and Caterpillar (CAT) cut their sales and profit forecasts for 2015, signalling a
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Stocks end the day barely up, basically flat, as the east coast prepares for Snowmageddon. Despite forecasts predicting upwards of three feet of snow, the New York Stock Exchange is currently planning on being open on Tuesday. A couple stocks have the potential to benefit from the impending snow storm. Generac (GNRC), a company that
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All good things must come to an end and it couldn’t have be more true today. After four straight days of gains, the U.S. stock indexes ended mostly down, but still posting weekly gains. The tech industry was one of the few bright spots on the day which is why the tech-heavy Nasdaq composite index
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After a series of relatively small gains, U.S. stocks shot up today with the Dow soaring 260 points. The announcement of the European Central Bank launching a bond-buying program sent U.S. stock indexes up 1.5%, to finish their fourth straight day in the green. Lower oil prices are proving to be extremely beneficial to airlines.
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U.S. stocks end the day in the green for the third straight day as the Dow rose 41 points and the S&P 500 rose 10 points. Netflix’s (NFLX) shares soared as high as 17% today after the video-streaming company delivered fourth-quarter that met expectations. 4.3 million new subscribers were added in the fourth quarter and
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U.S. stocks were closed yesterday in observance of Martin Luther King Day and barely finished in the green today, with the Dow up only 4.5 points. Crude oil fell another 5% to $46.13 a barrel today, causing investors to be concerned yet again. Baker Hughes (BHI) announced today plans to lay over 7,000 employees, nearly
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After closing down all the week the Dow snaps a 5-day losing streak and ends the day up around 200 points. Despite the rebound, both the Dow and the S&P 500 are down 1.3% for the week. While Swiss Franc has been getting all of the attention this week, the real problem is Bitcoin. In
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The Dow falls an additional 100 points today while the Nasdaq closes down 1.5% as falling oil prices continue to rattle investors. Iconic U.S. stores and brands just don’t seem to be performing as well in Canada. Target (TGT) announced today that they will be pulling out of Canada after losing over $2 billion while
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Stocks end the day down after a disappointing reading on December retail sales and multiple profit misses from earnings reports. Consumer purchases fell 0.9% in December when economists were expecting a 0.1% increase, this decrease was lead by gas station sales which was down 6.5% due to a drastic drop in pump prices. The Fed
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The rebound today was short-lived as U.S. stocks ended the day in the red. The Dow had a 280-point gain earlier in the day, but that completely evaporated showing how volatile the stock market has been so far in 2015. GoPro’s (GPRO) shares fell drastically today after Apple (AAPL) was awarded a patent for a
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U.S. stocks continue their downward spiral, in sync will crude oil’s downward trend. Crude oil fell an additional 5%, down to $45.85 a barrel – a 6 year low. One Saudi Arabian prince even said that he doesn’t believe oil will ever return to $100 a barrel due to falling demand and excess supply. Investors
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U.S. stock indexes end the week in the red and are now back in the red for 2015 despite a better-than-expected jobs report. 2014 ended as the best year for hiring in 15 years with healthy gains in December. 252,000 jobs were added last month as the unemployment rate fell to 5.6%, a six-year low.
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Stocks have achieved a much needed rebound as the Dow surged 322 points today, erasing the Dow’s recent losses in 2015. All three main U.S. stock indexes are now positive in 2015 as investors are welcoming stabilizing oil prices. Multiple companies announced their layoff plans for 2015. Despite their better-than-expected holiday shopping season, J.C. Penney
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Stocks finally recover after ending in the red for the past 5 days. The slow start for stocks is the worst start since 2008 and the S&P 500 has never suffered a loss during the third year of a presidential cycle. The Fed is expecting a strong U.S. economy in 2015 and showed optimism in
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Stocks continue to fall as a close came to the second day of the stock sell-off. The slow start to 2015 has been due to sinking oil prices, political and economic troubles from around the world, and weaker than expected U.S. economic data. The 10-year U.S. bond falls below 2%, hitting a 19-month low. This
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Stocks fell sharply today, especially the Dow which ended the day down about 330 points as oil prices continue to fall which in turn spooks investors. Crude oil is now below $50 a barrel and many analysts are predicting prices to drop even further. Falling oil prices aren’t only negatively effecting the stocks, it is
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