Stocks surged for a second straight day as a continued rebound in energy stocks and junk bonds fueled more short-covering and chasing to the upside. The S&P 500 closed up 2.40%.
Stocks tried to bounce Monday buy lower energy prices again weighed on risk assets, as stocks gave up early gains and closed lower on the day. The S&P 500 fell .64%. Once again it was a day dominated by energy, junk debt and oil and technical trading, there were no market moving fundamentals yesterday. Stocks […]
Another down day for the markets and a down week as well.
I buy the used jewelry gift boxes on EBay
Some days it’s, “Do what I say, don’t say what I do.”
After a huge week of volatility, we are getting a whole lot of choppiness today
We think Wall Street’s response to…
DNKN reported earnings and the stock gapped lower.
After a move like we’ve seen in the past few days we really need to stop and take a look at where we are on the averages. The Dow rallied 400 points yesterday? The Nasdaq 100? We’re up 90 points on the S&P500 in two days? What the $%#@ is going on?
It wasn’t the shale revolution, it may have been the other revolution.
I suppose if there is a mountain ahead, it’s best to get your gear on.
That’s Hot Speculators (they only get the blame when oil goes up) Speculators (they only get blamed when stocks go down) Spectre (please let James Bond fight algos) That’s Not Unemployment (we all want 200K, but it will be hard to find 200K) OSP (and the fighting rages on in the Middle East) Bill […]
US recovery has the stock market at record highs and oil is going down. Go figure.
Thanks to CBS Evening News for having me on last night. I’m still waiting to see if I made the cut for the new season of Survivor: US Shale Country.
Bruce Springsteen for Bono? Please no, please.