The Latest
- First quarter share buybacks are near record levels, but is it a good thing?The S&P Dow Jones Indices reported the S&P 500 constituents spent a near record $161.4 billion on share repurchases in the first quarter. The total was second only to the $172 billion spent in the third quarter of 2007. Companies increased...
- Mid-week market recap: Markets recover from BrexitFor the mid-week ending June 29, 2016, the markets have recovered from Brexit and are again making gains. In other news: crude prices are rising; personal income rises less than expected; and, pending home sales are down marking its first annual...
- Weekly market recap: UK votes to exit the EUFor the week ending June 24, 2016, the markets collapsed on the news that the Brexit referendum favored leaving the EU. The Dow and S&P 500 dropped around -3.5 percent on the unexpected Brexit outcome. In other news: the impact of Brexit; the...
- Stock market preview for the week of June 27, 2016The S&P 500 fell volatilely on Friday, shedding 3.60 percent in that drop on very high volume. The retreat erased early week gains and sent the index to a third straight weekly loss as it dipped 2.20 percent. The index has seen losses in eight...
- BREXIT brought us to the Tunnel. Here is the light.The recent vote in the United Kingdom which will remove the United Kingdom from the European Union has sent shock waves around the world driving stock markets sharply down. There is little doubt but that things will eventually stabilize although...
- BBC projects Britain voted to exit European trade union.The BBC projects that the British voted to leave the European Trade Union, ending the 43 year trade partnership. Markets were riled on the news. The British pound fell to a 1985 low in the early morning Friday. The London exchange was projected to...
- Mid-week market recap: Brexit vote tomorrowFor the mid-week ending June 22, 2016, the Dow and the S&P 500 are slightly up in front of the Brexit vote tomorrow. Stocks moved up on Monday and Tuesday, then moved lower Wednesday as Britain's referendum (Brexit) starts early Thursday...
- Weekly market recap: Fears mount on Brexit voteFor the week ending June 17, 2016, the markets were down. The Dow and S&P 500 dropped as concerns over Brexit mount. In other news: the Brexit poll shows an even split; oil sees its biggest gain on Friday; and, the job market is getting worse....
- Stock market preview for the week of June 20, 2016The S&P 500 slipped 0.38 percent lower to a second straight weekly loss. The index saw four session losses during the week and has retreated in six of seven sessions since turning lower from resistance in the upper half of the 100 L at 2100....
- Mid-week market recap: No rate hike in JuneFor the mid-week ending June 15, 2016, the markets continue to drop with the Dow and the S&P 500 both pulling back. Stocks moved down on Monday and Tuesday, then moved higher Wednesday as the FOMC left rates unchanged only to drop lower at the...
- Stock market preview for the week of June 13, 2016The S&P 500 finished the first three sessions higher in the past week, but turned abruptly lower in the final two sessions. Both Thursday and Friday opened with gaps lower and although Thursday’s session rebounded to pare early session...
- Weekly market recap: Markets are getting more volatileFor the week ending June 10, 2016, the markets were mixed. The Dow rose slightly while the S&P 500 dropped slightly on fears of a Brexit this month. In other news: the vote will be close on Brexit; consumer sentiment remains strong; and, the...
- Mid-week market recap: Stocks nearing all-time highsFor the mid-week ending June 8, 2016, the markets continue to edge higher with the Dow and the S&P 500 posting new highs. Stocks moved up these past three days on little economic news, a weaker dollar, and on increasing crude oil prices. In...
- Police claiming the authority to steal both your cash and money on debit cardsWhen the government instituted the Patriot Act following 9/11, it was just the beginning for a myriad of new laws and regulations that would become added onto the original legislation a decade later. And one of these new regulations created under...
- Weekly market recap: Stocks stall on jobs reportFor the week ending June 3, 2016, the stock market stalls after a dismal May jobs report. The Dow declined while the S&P 500 remained unchanged. In other news: a very soft employment report was issued Friday and Yellen has some explaining to...