How Did the Stock Market Do Today? Dow Jones: 17,737.16; +247.66; +1.42% S&P 500: 2,083.58; +33.14;+1.62% Nasdaq: 5,075.20; +89.19;+1.79% The Dow Jones Industrial Average today (Wednesday) surged 247 points following the release of minutes from the October 2015 FOMC meeting. The U.S. Federal Reserve’s minutes suggested
November 18, 2015
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW + 247 = 17,737 SPX + 33 = 2083 NAS + 89 = 5075 10 YR YLD + .01 = 2.27% OIL + .03 = 40.70 GOLD + .20
Gold: The commodity halted its weakness to close slightly lower on a rejection candle on Wednesday. This development has left Gold targeting further recovery higher possibly towards the 1085.11 level. It was seen heading higher during early Thursday trading session.
Asian equities lost momentum and saw losses in Shanghai, Hang Seng and watched the Nikkei give back all of the opening gains. Europe fared no better closing mixed as they waited patiently for the FED to provide direction. The US
Black Friday is approaching fast, and shoppers are getting ready by looking for all the best deals. Those who felt like they might have missed out on a deal last year may be pleasantly surprised because some of last year’s deals
Retail Sales out of the UK, Unemployment Claims out of the USA During the session on Thursday, we have Retail Sales Out of the United Kingdom, as well as Unemployment Claims coming out of America, so we believe that there
Duluth Holdings Incorporated (NASDAQ: DLTH) expects to raise $99.8 million in its upcoming IPO. Based in Belleville, Wisconsin, Duluth Holdings markets clothing, tools, and accessories under the Duluth Trading brand through its catalogs and website. Duluth Holdings will offer 6.67 million
The market’s reaction to today’s FOMC Minutes was, to some, a little odd given the “December is on” hawkish narrative being sold to the public. Stocks rallied, longer-dated bonds rallied, gold managed gains, and the US Dollar sold off… not exactly
The Chart of the Day is Xylem (NYSE:XYL). I found the pumping equipment stock by using Barchart to sort today’s New High list of stock trading over 100K shares a day first for the highest technical buy signals then used the Flipchart feature to review the
A very good day for bulls say yesterday’s weakness blown away in decisive fashion. Volume climbed to register an accumulation day for the indices. The best of the action belonged to the Nasdaq 100. It gained nearly 2% in a
