Category: Commentary

The S&P 500 Index is back up against the 2,100 level, and once again, it is acting as firm resistance. During each of the past two days, the S&P 500 was above this level at the highs, but eventually closed … Continue reading →

Global markets drift amid uneventful OPEC, ECB meetings. Wall Street remains in a holding pattern this morning as caution rules ahead of Friday’s jobs report; the  S&P 500 is flat over the past two sessions. Overseas, the European Central Bank … Continue reading →

An event-filled June will get launched quickly this week, with two major meetings taking place tomorrow, June 2. Tomorrow is the regularly scheduled semiannual OPEC meeting (after the impromptu intermediate meeting in April) as well as the latest meeting of … Continue reading →

Economic data, oil slide weigh on markets. U.S. equities are trading lower this morning after a choppy session on Tuesday left major indexes little changed. A second day of WTI crude oil price declines is weighing on broad sentiment, and … Continue reading →

Last Friday many of people started their weekend early and probably missed our blog post. Today we want to take another look at that post, and also at investor sentiment. First, Friday’s blog showed that when adjusted for inflation, the … Continue reading →

Stocks set to post another month of gains. Major U.S. indexes are modestly higher this morning as traders prep for a string of key economic data this week, capped off by U.S. nonfarm payrolls on Friday that may sway the … Continue reading →

As we noted in our Weekly Market Commentary this week, the S&P 500 has officially gone more than one year without a new all-time closing high. But, did you know that if you adjust for inflation, it has been more … Continue reading →

Stocks pause ahead of Yellen speech; Q1 GDP is in-line. U.S. indexes continue to move sideways this morning after finishing near flat yesterday–the S&P 500 closed 0.02% lower at 2090.10–as traders digest Q1 gross domestic product (GDP) data and await a … Continue reading →

The Dow Jones Industrial Average was first calculated by Charles Dow 120 years ago today, on May 26, 1896. First things first, happy birthday to the granddaddy of all the U.S. stock market indexes! The index got its name from … Continue reading →

Global equities higher as oil breaks through $50/barrel. Stocks look to gain for a third straight session after the S&P 500 tacked on another 0.7% yesterday; fueled in party by strength in WTI crude oil, which broke through the $50/barrel … Continue reading →