Finance Roundtable

Finance Roundtable

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

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Trader Mike


July 22, 2016, 9:14 pm, 1656392
It was a slow and steady uphill climb Friday as the cool and calm rally continues. The S&P 500 popped 0.46% and the NASDAQ 0.52%. This is the fourth straight week of gains as the Brexit was clearly a devastating blow an overblown financial media event, as it ...


July 21, 2016, 7:14 pm, 1655981
Indexes started in the green yet again but finally a small amount of selling pressure hit around mid day. The S&P 500 fell 0.36% and the NASDAQ 0.31%. This is just normal behavior in an upward trend - small pullbacks or flat days. "We ...


July 20, 2016, 9:14 pm, 1655561
U.S. indexes opened near unchanged, rallied smoothly in the morning, and held those gains through the afternoon. The S&P 500 gained 0.43% and the NASDAQ 1.01%. "TINA" remains the queen of Wall Street. So far 14% of companies in the S&P 500 have reported results, 64% of ...


July 19, 2016, 7:14 pm, 1655167
Both major indexes gapped down modestly and then did very little all session. The S&P 500 finished down 0.14% and the NASDAQ 0.38%. U.S. housing starts rose more than expected in June, at a pace of 1.19 million units versus economists' expectations of a 1.17 million-unit pace. ...


July 18, 2016, 7:14 pm, 1654765
A relatively quiet session led to more gains as the S&P 500 slunk higher 0.24% and the NASDAQ 0.52%. TINA! Economic news on the day was not market moving as the Turkey coup was a non event, and eyes turned towards earnings. "Earnings expectations were ...


July 15, 2016, 5:14 pm, 1654146
Bulls dominating this week - as we said a few times in our recaps, one would want to see slight pullbacks to work off oversold conditions and both "down days" this week were minor indeed. The S&P 500 and NASDAQ both fell a tiny 0.09%. Interestingly, as we ...


July 14, 2016, 7:14 pm, 1653830
The thought process here was a pause in the rally would help work off overbought conditions but right now the market has it's own opinion and onward and upward we go. Another premarket gap up led to a day full of green as the S&P 500 gained 0.53% and ...


July 13, 2016, 9:14 pm, 1653503
When indexes reach short term overbought levels, bulls want to see some sideways action or a slight pullback. So today filled the order; the S&P 500 gained 0.01% while the NASDAQ fell 0.34%. The Federal Reserve released the latest edition of its Beige Book, which said economic ...


July 12, 2016, 7:14 pm, 1653124
U.S. investors continue to deal with the devastating effects of Brexit by... making money. Indexes gapped up yet again and the S&P 500 climbed 0.70% and the NASDAQ 0.69%. TINA! “In this global record-low-interest-rate environment, where else will investors go?” said Mark Kepner, managing director ...


July 11, 2016, 5:14 pm, 1652756
BREXIT!!! DON'T DO IT OR STOCKS WILL.... end at all time highs in the U.S. within a few weeks. The major indexes gapped up moderately at the open and stayed firm all day with the S&P 500 gaining 0.34% and the NASDAQ 0.64%. We started earnings season ...