Dow Clings to 3-Year High

The market loves key levels. Key levels get everyone on the Street all fired up. Like when oil surged past the unthinkable $100 a barrel in the spring of 2008. Or when gold hurdled past $1,000/ounce later that year. Fast forward to this week and we have another very...

Weekly Update-February 19, 2012

Stocks were on the ropes mid week before the usual Greece and Euro-zone rumors lifted the mood into the weekend. For the week, the Dow added .4%, the S&P500 gained 1.4% while the Nasdaq led after tacking on 1.7%. The front half of the week saw stocks trading to...

Market Swings with Greece

Even though there was a lot of pessimism going into 2012, it’s turning out to be a great year. Corporate earnings have been strong, the Fed has reaffirmed its commitment to stimulation and the domestic economy continues to perform ahead of expectations. The result is...

Stocks Hold, Gold Soars

The averages got a nice mid week jolt from the Fed to help save what was an otherwise generally weak market. For the week, the Dow fell .5%, the S&P500 gained .1% while the Nasdaq led with a 1.1% gain. Even though this didn’t look like a blockbuster week for...

Market Strong on Earnings

Another winning week for stocks made it three in a row, lifting the averages to a 6-month high as the Euro zone takes a back seat to mostly strong earnings. For the week, the Dow added 2.4%, the S&P gained 2% while the NASDAQ led with 2.8%. The market continues to...