Weekly Market Recap

Wall Street Ends Higher on the Week as Q4 Earnings Season Begins

January 11th, 2013

Weekly Wrap Up
US stocks saw gains and global economies showed multiple signs of positive growth this week. By Friday the euro rose to its highest level against the dollar since April mostly due to encouragement from Mario Draghi of the European Ce…

S&P 500 Closes Out the Week at its Highest Since 2007; Congress Passes Budget Deal

January 4th, 2013

Weekly Wrap Up
It was a shorter week than usual for trading due to the New Year’s holiday on Tuesday. Late Monday night a deal was reached in Washington that would increase taxes on the wealthiest 2% in America and prevents tax hixes and spending c…

Stocks Slump for Five Straight Sessions on Dimming Hopes for a Cliff Deal

December 28th, 2012

Weekly Wrap Up
Stocks ended on Friday with five straight sessions of losses after investors’ hopes of a budget agreement continued to decrease. Many awaited news from President Obama about a cliff deal on Friday while the GOP is not set to reconven…

The Dow, S&P 500 and Nasdaq Compositve All Finish Up for the Week

December 21st, 2012

Weekly Wrap Up
The major indices were inconsistent over the last five sessions but finished the week with positive gains. Investors focused mostly on fiscal cliff talks between the House and President Obama, but hopes have faded as it seems unlikel…

Stocks End Mixed for the Week Due to Lack of Fiscal Cliff Progress

December 14th, 2012

Weekly Wrap Up
This week many were hopeful for progress with fiscal cliff talks but by Friday no common ground had been reached. It is unlikely that a deal with be agreed on before the holidays and negotiations will most likely continue into 2013. …

Stocks End the Week Mostly Higher Despite Fiscal Cliff Worries

December 6th, 2012

Weekly Wrap Up
The Dow and S&P finished the week higher, but another sell-off in Apple ((AAPL: Charts, News)) depressed tech shares and kept the Nasdaq negative. The jobs report released Friday showed better-than-expected growth, however lower-tha…

Companies Share Mixed Earnings Results as Street Focuses on Fiscal Cliff Talks

November 30th, 2012

Weekly Wrap Up
Despite the rise of holiday shopping and the amount of spending on Black Friday and Cyber Monday, quarterly results and sales were mixed for many corporations over the past five days. Green Mountain Coffee Roasters (GMCR: Charts, New…

US Markets Finish With Weekly Losses on Fiscal Cliff Concerns

November 16th, 2012

Weekly Wrap Up
The markets had a rough week as most investors were focused on fiscal cliff worries and talks that began on Friday. Despite a slightly positive end, in general the major indices slipped. The Nasdaq Composite ended 1.8% lower, the S&P…

Stocks Have Worst Week Since June, Election Causes Large Drops (GRPN, MCD)

November 9th, 2012

Weekly Wrap Up
Major indices sank this week as investors’ worries grew over the looming fiscal cliff and lack of major change that occurred during the elections on Tuesday. Now that President Obama has been re-elected, Wall Street must refocus on is…

Storm-Shortened Week Ends in a Wall Street Selloff (SBUX, AAPL)

November 2nd, 2012

Weekly Wrap Up
Due to Hurricane Sandy hitting the Northeast earlier in the week, US markets were only open for a short three days. A combination of mounting costs from the storm and next Tuesday’s presidential election has caused many investors to w…

InvestorGuide Weekly Newsletter – October 26, 2012

October 25th, 2012

Weekly Wrap Up
Early this week the markets saw large drops on disappointing earnings reports and growing economic concerns. On Tuesday the Dow Jones dropped close to 250 points, and for the week about 230 points overall. Reports were released showin…

Housing Industry Data and Disappointing Earnings Reports Bring Mixed Endings for Market (GOOG, GE)

October 19th, 2012

Weekly Wrap Up
Many companies released their earnings reports this week, with important news coming from Google (GOOG: Charts, News), Microsoft (MSFT: Charts, News), Advanced Micro Devices (AMD: Charts, News) as well as big banks like Bank of Americ…

US Stocks Lower on Euro Zone and Earnings Concerns

October 12th, 2012

Weekly Wrap Up
Early on in the week focus was drawn to the most recent unemployment report with the jobless rate dropping to 7.8%, the lowest level since January of 2009. It was reported that the US fiscal year deficit for 2012 ended at $1.089, a mo…

Several Days of Gains this Week; Jobless Rate Drops to 7.8%

October 5th, 2012

Weekly Wrap Up
[Market prices as of 3:00 PM] By Friday both the Dow Jones and S&P 500 were on course to hit five-year highs after positive unemployment rate data in the US. Despite the positive end to the week, many say that the market may struggle …

US Indices Off this Week Despite iPhone Launch and Hopes for a Spanish Bailout (AAPL, TRLA)

September 21st, 2012

Weekly Wrap Up
One of the biggest pieces of news on investors’ minds was the sudden drop of oil prices early this week. On the week, oil lost about 6% due to setbacks and Saudi Arabian talks earlier on but made a small comeback on Thursday and Frida…

Stocks Make Strong Gains on Proposed Fed Action and Apple (AAPL) Hits Record

September 14th, 2012

Weekly Wrap Up
Focus this week remained on policy meetings held by both the German court and the Federal Reserve on Wednesday and Thursday, respectively. The German court announced their approval of a new rescue fund and budget pact, which lifted gl…

Wall Street Gains for the Week, Negative Jobs Data Holds Back Further Rally

September 6th, 2012

Weekly Wrap Up
More Market News

Economic News
Dollar at Four-Month Low vs. Euro as US Jobs Data Points to QEThe dollar fell to a near four month low against the euro and a one month low against the yen on Friday after a smaller-than-expected r…

Six Week Rally Ends on Wall Street, Hopes are High After Comments from Bernanke

August 24th, 2012

Weekly Wrap Up
Global markets saw many ups and downs throughout the week while Wall Street indices were weak overall. The US markets ended what was a six week streak of gains. Throughout the week important leaders met to discuss the euro zone crisis…

Stocks on Track for 6 Weeks of Straight Gains, US Economic Measures Show Promise

August 17th, 2012

Weekly Wrap Up
This past week had mostly light trading but most stocks continued to push to what might soon be six straight weeks of gains. Several important reports were released throughout the week. Consumer sentiment was said to have increased in…

S&P Has Five Day Streak, US Weekly Reports Give Hope (FIO, JCP)

August 9th, 2012

Weekly Wrap Up
This was mostly a positive week with all three major US indices starting out strong with gains. The S&P 500 continued a five day positive streak through Friday. Several reports including the decrease in jobless claims a shrinking trad…