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Archive for the ‘ISM’ Category

Morning Energy Blog – August 4, 2016

Equities and the Economy: The Dow ended its losing streak yesterday by climbing 41 points and closing at 18,355. Even though the losing streak was 7 consecutive sessions, the retreat equated to only 1.4% so the damage was minimal. A “flesh wound” by the Black Knight’s standards. The S&P 500 chalked up a gain of […]

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Morning Energy Blog – August 2, 2016

Equities and the Economy Maybe it’s the dog days of summer, but U.S. equities have really been sedate of late, albeit the major indexes are indeed bivouacking near record highs. The S&P 500 did manage to hit a new high intraday but could not hold onto the gain and closed down 3 points at 2,171. […]

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Morning Energy Blog – March 4, 2016

Equities and the Economy U.S. equities chalked up a third day of gains yesterday with the Dow closing 45 points higher at 16,944, the S&P 500 adding 7 to 1,993 and the Nasdaq ending up 4 points at 4,707. Once again, the price action was positive with the indexes trading negative the first half of […]

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Morning Energy Blog – March 2, 2016

Equities and the Economy I’ve been telling you the 1,950 level basis the S&P 500 was resistance, and we got through that yesterday and when we did it was as if a wound up tightly spring was released and we rocketed up with U.S. equities having a great day! So how good was it? Just […]

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Morning Energy Blog – February 4, 2016

Equities and the Economy Yesterday, the Dow, S&P 500 and Nasdaq closed at 16,337, 1,913 and 4,504, respectively. Let’s see how this compares to last Friday’s closes which is when we had our last Blog data. Last Friday the Dow, S&P 500 and Nasdaq closed at 16,466, 1,940 and 4,614, respectively. So we’ve little ground […]

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Morning Energy Blog – January 5, 2016

Equities and the Economy No sense sugar coating it. 2016 began abysmally. It was the worst first trading day of the year in 15 year. The Dow lost 276 points, 1.58%, finishing at 17,149, the S&P 500 fell 31, 1.51%, to 2,103 and the Nasdaq closed 104 points lower, 2.09%, and once again under 5,000 […]

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Morning Energy Blog – December 2, 2015

Equities and the Economy After a few lackluster sessions U.S. equities jumped nicely yesterday with the Dow gaining 168 points, 0.85%, ending at 17,888, the S&P 500, the winner for the day, climbed 23 points, 1.09%, to 2,103 and the Nasdaq added 47, 0.93%, to 5,156. The S&P closed above 2,100 for the first time […]

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Morning Energy Blog – October 6, 2015

Equities and the Economy Good morning. Rally on, baby, rally on! Yesterday the Dow scored its biggest daily rise in about a month jumping more than 300 points and the S&P 500 finished with gains for the 5th consecutive session, its longest winning stretch since last December. When the bell rang ending the day the […]

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Morning Energy Blog – July 2, 2015

Equities and the Economy Good morning and happy National Anisette Day. Ok. Let’s just get it out of the way first. Greece. With the Greek referendum scheduled for Sunday and despite overtures from the Greeks, the Brussels Group has ceased negotiations until after the referendum. It makes total sense. If the Greeks vote “Yes” then […]

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Morning Energy Blog – January 7, 2015

Good morning. Our stock portfolios and 401K’s took another pounding yesterday with U.S. equities once again getting hammered. The Dow closed down 130 points (0.74%) at 17,372, the S&P 500 lost 18 (0.9%) to 2,003 and the Nasdaq fared the worst dropping 60 (1.3%) to 4,593. It was the 5th straight losing session for both […]

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