Economy strong, stocks rise

Economy strong, stocks rise

Major indices are in the green Friday morning, as the Commerce Department reported that the US economy had grown a better than expected 3% in the third quarter. In other good news, consumer spending grew at 2.4%. Though the DJIA… Read More >

No change

No change

Major indices are mostly unchanged this Monday morning, as investors mull over positive recent economic numbers, but continue to question the market’s high valuations. Global oil prices are somewhat lower today than they were on Friday. Shares of CVS (CVS) … Read More >

Symbols: AMZN BAC CVS
Stocks rise on good economic news

Stocks rise on good economic news

Major indices are in the green this Thursday morning after two pieces of good economic news. The Commerce Department reported that the US trade deficit narrowed by 2.7% in August, which should  be good for President Trump who promised to… Read More >

Symbols: SHOP SPY
Stocks edge higher despite Korea, Harvey

Stocks edge higher despite Korea, Harvey

Stocks are up slightly this Wednesday morning following the Commerce Department’s upward revision of the nation’s April-June GDP from 2.6% to 3% in the second estimate. There has been tough talk from the president following the most recent provocation by… Read More >

Symbols: EEM X
Higher GDP pleases Street

Higher GDP pleases Street

Major indices are in the green this Thursday morning after the Street learned that fourth quarter GDP had been revised upward from 1.9% to 2.1%. The Street was also relieved by a smaller that expected rise in oil inventories and… Read More >

Symbols: EEM LULU
Red all over

Red all over

Major indices are in the red this Friday morning, on the last trading day of 2016. Despite relatively good economic news, interest rates and the dollar have lost their momentum. Bank of America (BAC) is up 0.7%, while NVDIA (NVDA)… Read More >

Symbols: BAC NVDA QQQ