Recapping Last Week’s Economic Data; Launching PowerTalk
By: Chris Versace (Diary) | December 9th at 06:47 PM |
The first five trading days of December delivered a mixed result for the major stock indices with the Dow Jones Industrial Average being the clear winner (up 1%), the S&P 500 essentially unchanged and the Nasdaq Composite Index down 1.1%. As with the prior week, one of the key drags on the Nasdaq has been Apple, Inc. (AAPL), whose shares dropped nearly 9% last week. | Read More »
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Xerox
The Unemployment Rate Doesn’t Show the Full Picture
By: Chris Versace (Diary) | November 4th at 08:48 PM |
Last week was a mixed week for Wall Street and the capital markets on a number of fronts. Thanks or rather no thanks to Hurricane Sandy, the North East faced billions of dollars in damages with New York and New Jersey heavily hit by power outages, gas shortages, fallen trees and damaged homes. The storm damage resulted in a shortened trading week for the capital | Read More »
Tags:
BLS,
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Early Job Creation Signs Not Good for October
By: Chris Versace (Diary) | October 31st at 10:32 AM |
Normally when enter a new month, investors look ahead to a number of data points that tell the tale of the consumer, domestic economy and more during the prior month. That will be the case as we march into November over the next few days, however with the Presidential Election less than a week away, greater importance will be placed on what economic indicators that | Read More »
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ADP,
and Advanced Micro Devices,
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