Weekly Wrap Up Stocks manage to end the week with gains, but overall losses thanks to global turmoil. Much of the unrest came out of the Middle East again, as protests in Libya have caused sentiment to spill over into Saudi Arabia, where protestors had planned a “day of rage” that did not materialize. Investors
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Weekly Market Recap
Global Woes Weigh Down US Markets for the Week (SBUX, MCD)
March 12th, 2011Short Trading Week Sees Big Losses on Oil Concerns
February 28th, 2011Weekly Wrap Up Markets began the week with the largest losses of the year so far in response to the increasing turmoil in the Middle East. Oil prices continued to rise as well, breaking $100 a barrel, a two year high. Stocks rallied on Friday to a certain extent, but the week was ultimately a
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Weekly Gains Continue as Earnings, Fed Vote of Confidence Encourage Investors
February 21st, 2011Weekly Wrap Up Markets continued their upward trend last week after another series of positive earnings reports and a vote of confidence displayed in the minutes of the Federal Reserve Board. The Fed was so confident in the current recovery that they increased the projected GDP boost for the year. Despite the vote of confidence
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Week of Gains Ends Well as Mubarak Resigns (KO, COP)
February 14th, 2011Weekly Wrap Up Markets add another solid week of gains despite more lingering issues on Wall Street and a less than optimistic job outlook. Four more people were arrested for insider trading accusations, all former employees of SAC. This comes a couple months after a series of arrests were made for similar charges of insider
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Markets Able to Shake Egyptian Unrest to Provide Bullish Week (UPS, VZ)
February 7th, 2011Weekly Wrap Up Despite the escalation of riots in Egypt, feeding worries the confrontations will lead to a blockage of the Suez Canal – a major oil tanker passage way, markets headed upward on a series of positive economic news and earnings reports. Unemployment fell to 9%, it’s lowest level since 2009, a great sign
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Early Gains Can’t Be Maintainted as Week Finishes in the Red (F, INTC)
January 31st, 2011Weekly Wrap Up After breaking into the week with gains to push the Dow above 12,000, stock exchanges retreated to finish with gains. Political unrest in Egypt, as riots and protests continue through the week, has left investors unsettled and curious as the lasting economic affects in the surrounding nations. Oil and the US dollar
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Markets Finished Mixed Week Despite Encouraging Earnings (IBM, AAPL)
January 24th, 2011Weekly Wrap Up Stock markets experienced various ups and downs during the week as investors begin to weigh earnings reports. Despite positive signs from various high market cap companies seen as bellweather stocks, equities could not move forward. The dollar suffered, as well. Major political news with direct effect on the business environment dominated the
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Markets Move Ahead on Solid Week of Gains (AAPL, VZ)
January 17th, 2011Weekly Wrap Up Markets finish another solid week with significant gains across the exchanges, specifically the NYSE, which added nearly 200 points. The encouraging movement is in response to strong optimism released in the Federal Reserve’s Beige Book. The board see thes the economcy and job outlook as steadily, yet slowly, improving over the next
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First Week of 2011 Provides Optimism for the New Year (F, BBY)
January 10th, 2011Weekly Wrap Up The first week of 2011 treated investors well with gains across all exchanges, a sign of hope for the new year. Historically, the first week of the year has a high correlation with how well the market will perform the next 12 months. If tradition holds true, investors should be excited for
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Final Week of 2010 Characterized by Light Trading and Minimal Gains
January 3rd, 2011 Weekly Wrap Up
The historically light trading, small profit taking characteristics of the last week of the year hold true to tradition. Investors on holiday between Christmas and New Year’s did not take much action, despite encouraging economic repo…
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