Buy the Ticket. Take the Ride.

Volatility dominated the capital markets today as Stock and Bonds flip flopped between negative and positive several times each with Stocks emerging as the winner when the trading day ended. Fed Chairman Bernanke spoke on Capitol Hill today on the economy and said that the Fed would take necessary steps to grow the economy. TheContinue reading “Buy the Ticket. Take the Ride.”

It’s a great time to own Gold

It’s a great time to own Gold : Stock markets were unchanged today giving the Bond markets a reason to run higher. The 3.5% coupon jumped 25bp to end at 101.56, but ended below resistance levels set last October. Tech shares were sold aggressively today and pushed money into Bonds and utility related stocks. TheContinue reading “It’s a great time to own Gold”

Stocks rally after surprisingly strong growth in U.S. and Chinese manufacturing

NEW YORK (AP) — Stocks jumped Wednesday after surprisingly strong growth in U.S. and Chinese manufacturing allayed some of the worries that had been building over the global economy in recent weeks. The new reports snapped a string of disappointing economic data that sent stocks slumping in August. The Standard & Poor’s 500 Index, theContinue reading “Stocks rally after surprisingly strong growth in U.S. and Chinese manufacturing”

Stocks Rally after Holiday

NEW YORK (AP) — Stocks rose Tuesday after investors tried to recover some of the big losses that piled up in recent weeks following a string of disappointing economic reports. The jump in stocks came after investors looked past a report that growth in services businesses slowed last month. The Institute for Supply Management, aContinue reading “Stocks Rally after Holiday”

U.S. stock slump steepens along with euro’s

(MarketWatch) — U.S. stocks sunk further late Friday, with the Dow Jones Industrial Average off 320 points as investors sold euros and equities ahead of the weekend. “Some people are having a hard time stomaching it any more and are picking up their money and going elsewhere,” said Howard Ward, portfolio manager at the GamcoContinue reading “U.S. stock slump steepens along with euro’s”

%d bloggers like this: