The stock market tried to move higher today but ended up weighed down, by what I’m not sure
The stock market staged a mixed response to more earnings reports today.
Well if the stock market was a lot lower yesterday, you wouldn’t know it today.
Safety is the greatest risk of all, because safety leaves no room for miracles and miracles are the only sure thing in life
So much information, so little cares…
The S&P 500 rallied to new highs last week on good earnings and status-quo geopolitics. But stocks couldn’t decisively break out and the S&P ended the week virtually unchanged on the week, up +7.03% year-to-date.
Every once in a while I try to play the market from the dark side
Equity levels (as of 12:06pm): S&P500 -9.20pts to 1,978.78; DJIA -132.69pts to 16,950.99; NASDAQ -26.64pts to 4,445.44; R2K -11.90pts to 1,144.36.
Right street, wrong address…
As I predicted yesterday, we’re seeing V be the drag on the Dow, just like CAT was yesterday and IBM the day before.
Here we go, “Roll out the barrel, we’re going have us some fun…”
That’s Hot UK GDP (accentuate the positive, avoid the negative) Russia (so much easier to play hard ball when we have no skin in the game) Tara Reid (if she believes Sharknado is possible, I wonder what she thinks of an oil superspike) That’s Not Summer trading (good to know people are taking advantage [...]
Oil is the new black…gold.
Equity levels (as of 12:04pm): S&P500 +4pts to 1,988.05; DJIA -15.54pts to 17,097.87; NASDAQ +20.84pts to 4,476.79; R2K +4.79pts to 1,160.95.
That’s Hot US Russian sanctions (when you want the job done right…) Israel (150 terrorist tunnels found, 55 destroyed…so you’re saying you’re getting there, OK) Miley (come on folks, those tragically young celeb deaths are so last decade) That’s Not EU Russian sanctions (“Oh behave!”) US oil exports (SPR barrels are charity, export barrels [...]
The only cannons we were looking for were on a tank headed back to Russia.