Author: Beacon Wealth

Stocks hit hard, small caps now in bear market. Stocks fell throughout the day Wednesday to close near the low, with the major large cap indexes all closing in correction territory and the small cap Russell 2000 closing down 22% … Continue reading →

Another late rally boosts stocks, oil dips below $30. Major indexes posted solid gains on Tuesday, breaking to the upside in another late-day rally. Early selling pressure came on the heels of ongoing weakness in WTI crude oil prices, which briefly … Continue reading →

Stocks flat amid ongoing oil declines, China weakness. Indexes trended lower throughout the session until late-day buying helped the Dow and S&P 500 record their first up days of the new year. This came despite another 5.3% drop in China’s Shanghai … Continue reading →

Bears firmly in control as indexes fall again. A strong jobs report before the market open gave bulls some early momentum, but heavy selling pressure quickly ensued and continued throughout the day. Financial and healthcare stocks led to the downside, … Continue reading →

Stock rout continues amid persistent China woes. Indexes faced another sharp sell-off on Thursday as investors’ focus remained on China, where regulators’ trial-and-error approach to shoring up its financial  markets and economy have traders on edge. Nine of 10 sectors … Continue reading →

Another rough day on Wall Street; oil nosedives. Indexes finished sharply lower on Wednesday after a better than expected ADP employment report failed to boost early sentiment, and selling pressure intensified in the afternoon following the release of December’s Federal … Continue reading →

Equities stabilize amid cautious trading. The S&P 500 managed to finish near the upper end of a narrow range on Tuesday, though gains were modest. Defensive sectors buoyed indexes while Apple dragged down technology stocks, and consumer discretionary lagged despite … Continue reading →

Not so happy new year for stocks. U.S. equity markets spent the entire session deep in the red following steep losses overseas, though late-day buying lifted indexes into the close. The sell-off came amid fresh geopolitical tensions in the Middle … Continue reading →

Final week disappoints, S&P flat for the year. A late-morning rally in WTI crude oil helped lift indexes off their lows, but selling pressure resumed in the afternoon that pushed the S&P 500 down 1% on the day, and back … Continue reading →

Risk-on trading boosts stocks, Treasuries drop. A spike in WTI crude oil prices got indexes off to a good start, upbeat consumer confidence and housing data kept things moving, and technology kept gains intact into the close. Healthcare, financials, and … Continue reading →