Skip to main content

Posts

Showing posts from May, 2015

May 30, 2015 – Weekend Market Comment

May 30, 2015 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. For full details read my disclaimer below.
The Blah Blah Blah 
The Dow Jones industrial average ended about 115 points lower after falling more than 150 points during the session. The blue chip index posted a 0.95 percent gain for May. The S&P 500 ended up 1.05 percent for the month, and the Nasdaq outperformed with a 2.6 percent monthly gain. U.S. stocks closed lower on Friday, the last day of trade for the month, as investors digested economic data and remained cautious on continued concerns about Greece. The Dow Jones Industrial Average closed down 115.44 points, or 0.64 percent, at 18,010.68, with General Electric leading laggards and Merck the greatest advancer.
Gains in U.S. Treasurys on Friday pushed the 10-year yield to its lowest level in four weeks, but wasn’t enough to claw the market out of a m…

May 23, 2015 – Weekend Market Comment

May 23, 2015 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. For full details read my disclaimer below.


The Blah Blah Blah 
U.S. stocks closed lower on Friday, failing to hold highs touched during the session, as investors eyed inflation data and Fed Chair Yellen's speech ahead of the long weekend. The S&P 500 and the Nasdaq failed hold gains in the close. Earlier, both indices extended gains to trade higher, with the Nasdaq briefly above its record close of 5,092.09. The Dow closed near its lows for the day, about 50 points lower, despite Goldman Sachs ending about 1.4 percent higher at a 52-week high to lead blue chips gains. Financials were the week's third-best performing sector in the S&P. The Dow Jones Industrial Average closed down 53.72 points, or 0.29 percent, at 18,232, with Boeing leading laggards and Goldman Sachs and Apple the greatest adva…

May 16, 2015 – Weekend Market Comment

May 16, 2015 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. For full details read my disclaimer below.

The Blah Blah Blah 
U.S. stocks closed narrowly mixed in choppy trade on Friday, as disappointing data weighed on investor sentiment amid dollar declines and lower bond yields. The S&P 500 gained 1.6 points to set a second record close for the week, after ending at a high on Thursday. The Dow Jones industrial average also closed higher, less than 20 points below its record close. The Nasdaq ended mildly lower, remaining within 50 points of its closing high. The major stock indices fluctuated around the flatline, with the S&P trading briefly topping its closing high set on Thursday but holding below its intraday record.

The Dow Jones Industrial Average closed up 20.32 points, or 0.11 percent, at 18,272.56, with Cisco leading gains and Microsoft the greatest lag…