Oil Biz
After rallying 11 times in 13 days, the S&P 500 pulled back for three days in a row last week before rallying on Friday. Overall, the index was off just about one percent for the […]
The Dow Industrials and the S&P500 each set all-time highs to end the week. The European Central Bank moved to fight deflation/disinflation (your choice) by moving its overnight bank lending rate to less than zero. […]
Last Tuesday, the S&P500 set another all-time closing high. It did it again on Thursday and once more on Friday. The Dow Industrials set its own new all-time closing high on Friday as well. That’s […]
There was a suggestion by one of the Fed district presidents last Tuesday that higher interest rates “might” come sooner than expected, moving the market lower as the traders ran for the exits. That was […]
Week over week, the markets closed higher. The highlight of the past week was the Dow Jones Industrials setting another new all-time high. For those of you following the Dow Theory, this is very good […]