Finance Roundtable

Finance Roundtable

The market forecasters and personal finance blogs complement the Economics Roundtable.

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Trader Mike


May 4, 2016, 9:15 pm, 1633155
Wednesday was another session where indexes opened down and buyers never really showed up. The S&P 500 fell 0.59% and the NASDAQ 0.79%. This despite a pretty positive print in the ISM data: ISM non-manufacturing for April was 55.7, above expectations and rising from March's 54.5 print. The ...


May 3, 2016, 7:15 pm, 1632690
Indexes gapped down at the open on weaker than expected Chinese manufacturing data, and buyers never really showed up Tuesday. The S&P 500 finished off 0.87% while the NASDAQ dropped 1.13%. In China, a private gauge of nationwide factory activity in China fell to 49.4 in April, indicating a ...


May 2, 2016, 5:15 pm, 1632240
Indexes built nicely on a mixed open and finished near highs for the day Monday. The S&P 500 gained 0.78% while the NASDAQ added 0.88%. In economic news, ISM manufacturing for April was 50.8, down from 51.8 in March. Construction spending for March rose 0.3 percent. ...


April 29, 2016, 9:15 pm, 1631484
Despite a big rally by Amazon, the action in the general indexes was weak which is a troubling development. We also now have some technical issues which we will discuss below. Indexes started with modest losses and those built through the mid afternoon; a surge in the closing ...


April 28, 2016, 9:14 pm, 1631047
Indexes opened slightly down as the Bank of Japan did not please traders wanting ever more free money, but buyers came in pretty early and everything looked fine until about 2 PM when a wave of selling came in and pushed indexes down sharply in the closing 2 hours. ...


April 27, 2016, 9:15 pm, 1630629
Indexes were in the red much of the day until the Fed announcement when most turned green (except the NASDAQ which was dragged down by Apple). The S&P 500 gained 0.16% while the NASDAQ fell 0.51%. The Federal Reserve kept rates unchanged and continues to expect "only ...


April 26, 2016, 9:15 pm, 1630217
Much like Monday it was another quiet session Tuesday but today's afterhours had more fireworks. The S&P 500 gained 0.19% while the NASDAQ fell 0.15%. The Federal Open Market Committee kicked off its two-day meeting Tuesday and is scheduled to release its statement on monetary policy Wednesday ...


April 25, 2016, 9:14 pm, 1629861
Indexes gapped down mildly to open the week and really didn't budge all session. The S&P 500 fell 0.18% and the NASDAQ 0.21%. All eyes tomorrow will be on Apple. New home sales declined by 1.5% to a seasonally adjusted annual rate of 511,000 in March, ...


April 22, 2016, 7:15 pm, 1629248
t was a tale of very different markets Friday as the NASDAQ was hit by some key earning disappointments but other indexes held in decently. The S&P 500 finished flat while the NASDAQ drop 0.80%. “It appears that the market is generally brushing off disappointing earnings ...


April 21, 2016, 7:15 pm, 1628884
The S&P 500 opened in the red and really didn't emerge north of unchanged much of the session while the NASDAQ chopped around in a tight range. The S&P finished with a loss of 0.52% while the NASDAQ fell 0.05%. Earnings were mostly uninspiring today despite low ...