Finance Roundtable

Finance Roundtable

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

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Trader Mike


October 23, 2014, 9:13 pm, 1356728
ndexes gapped up at the open and stayed strong all day as corporate earnings reports generally pleased investors; some more Ebola news late in the day took indexes a bit off their highs. The S&P 500 jumped 1.23% and the NASDAQ 1.60%. There was decent economic news ...


October 22, 2014, 9:14 pm, 1355908
Indexes opened up Wednesday but sold off in the afternoon. Some cited a shooting in Canada as a reason but the reality is when you enter a day so extremely overbought a "reason" will be found to slow momentum. Weakness in oil also hurt the energy sector. ...


October 21, 2014, 9:13 pm, 1355167
Indexes gapped up sharply at the open and ran all day as the market put together its 3rd strong day in a row. The S&P 500 surged 1.96% and the NASDAQ 2.40%. This three day move is very similar to most rallies we have seen since 2009 in ...


October 20, 2014, 9:13 pm, 1354423
Monday's action in the indexes is more typical of how a bull market rally behaves; early selling is met with a rush of buyers. After a quick open to the downside buyers jerked the indexes up immediately and a steady stream of buying came in all day. ...


October 17, 2014, 9:13 pm, 1353310
Indexes gapped up Friday and held steady most of the day as yesterday's jawboning by the Federal Reserve continued forward a day as investors hoped for either continued stimulus or a new round of it. They have been trained on this since 2008 so it is no surprise that ...


October 16, 2014, 7:13 pm, 1352577
Indexes dipped at the open once again but stabilized as the day went by on jawboning from the Fed. That said, it was more of less selling than a lot of buying pressure. The S&P 500 gained 0.01% and the NASDAQ 0.05%. A Federal Reserve official ...


October 15, 2014, 9:14 pm, 1351953
We mentioned a couple of troubling items in yesterday's recap - first the nature of yesterday's bounce was feeble and second the spike down in ten year yield's to new year lows (2.20% range); the latter is usually a sign of fear or foreshadowing a weaker economy down the road. ...


October 14, 2014, 9:13 pm, 1351211
We saw a bounce today in the indexes but considering how oversold the market is, it was not a very impressive one. The S&P 500 gained 0.16% and the NASDAQ doubled that at 0.32%. Not much in the way of economic news as the market transitions to ...


October 13, 2014, 9:14 pm, 1350500
Indexes were flat most of the session until hit late in the afternoon. The S&P 500 sunk 1.65% and the NASDAQ 1.46% as the correction continues. Usually in strong periods in the market we see some morning selling that is readily bought; now we are seeing late day ...


October 10, 2014, 9:13 pm, 1349455
Hello readers – final reminder, if you have not done so please take a minute and take our 3rd quarter reader survey – it is only a few short questions and helps us gauge how we are doing. Thank you.Friday's session seemed relatively benign (at least in the S&P 500 ...