Stocks Make Uphill Climb (Market Review for Oct. 3-7, 2011)
The fourth quarter started out on a low note with a sell-off but rebounded as the week continued. Stocks tumbled on Monday, with the dismal Dow closing at just 10,655.30, down -258 points and 2.36% from the previous week’s close. The Nasdaq closed at 2,335.83, a drop of -79.57 points and 3.29%, and the S&P…
Read MoreWho Let The Bears Out? Week In Review, Sept. 26-30, 2011
As the third quarter ends and the fourth quarter begins, the markets are looking decidedly bearish. British blue chip stocks took a hit on Thursday, closing in the red. U.S. blue chip stocks gained on Thursday, thanks in part to the news that Germany had approved funding for the crisis in the Euro zone. The…
Read MoreLet’s Do The Twist (Financial Week in Review, 9/19-9/23)
As of Monday, stocks and commodities have begun to recover from last week’s brutal fall. When trading closed yesterday, the major U.S. indexes had regained about one third of last week’s losses. Gold, silver, and copper, all of which had been riding out a four day losing streak, also began a slow but steady recovery.…
Read MoreFriday Nerdy Stuff
That’s definitely how futures trading software should not be created. Hire the professional software development company.
Read MoreA Winning Week on Wall Street and Worldwide
Yes, stocks remained higher all week for the first time in nearly two months. Friday also brought this quarter’s “Quadruple Witching,” when contracts expire for stock index futures, stock index options, stock options and single stock futures on a single day. The biggest winner was the Nasdaq, which gained 6.3% percent for the week. The…
Read MoreFriday Nerdy Stuff
TGIF! We’re opening up a weekly Friday feature here, that would entertain you with some nerdy stuff that we create, share and enjoy. This week it is a visualization of repository of one of our projects. Check this out:
Read MoreFinancial Week in Review, September 5-9, 2011
Another week of worldwide volatility ends with the Dow dropping more than 300 points on Friday, with all major U.S. Indexes closing in the red. In fact, nearly every stock index closed lower than it did last week. Bank of America has proposed cutting approximately 40,000 jobs nationwide as part of a corporate restructuring plan…
Read MoreThe Week That Never Happened
As many Americans were looking forward to starting the long Labor Day weekend in the United States, markets worldwide began sliding again on Friday. HAPPY LABOR DAY Ironically timed with Labor Day, the U.S. Department of Labor reported zero job growth for the first time in over 66 years. The last time the numbers came…
Read MoreMarkets Weather The Storm, Show Recovery
The major U.S. Indexes all posted significant gains from the previous week’s close. Some Asian markets also advanced, but the Shanghai Composite and Hang Seng both closed with losses. European indexes still faltered, but were up from the previous week. The end of the week saw the stocks of certain luxury purveyors like Tiffany and…
Read MoreMarket Deja Vu (Financial Week in Review, Aug. 15-19, 2011)
Break out the chocolate bars; it’s been another rough week for the markets. The major indexes on the NYSE all closed lower on Friday, and slipped further in after-hours trading. They were not alone. Markets all around the globe fell this week. It’s almost as though the week before last is repeating itself. Trading started…
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