Finance Roundtable

Finance Roundtable

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

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Trader Mike


May 23, 2016, 7:15 pm, 1639162
Monday was a choppy but quiet session with a bout of selling into the close pushing the S&P 500 down 0.21% and the NASDAQ 0.08%. Fed Chair Janet Yellen is due to speak Friday afternoon, and again on June 6 so markets will wait to see if ...


May 20, 2016, 9:15 pm, 1638553
Indexes gapped up at the open and added modestly to that opening print as oversold conditions prevailed. The S&P 500 gained 0.60% while the NASDAQ rallied 1.21%. Existing home sales increased 1.7% in April to an annual rate of 5.45 million units, according to the National Association ...


May 19, 2016, 7:15 pm, 1638231
Indexes opened slightly down, sold off in the opening 30 minutes, than flat lined most of the rest of the day until a late day rally cut losses. The S&P 500 fell 0.37% while the NASDAQ dropped 0.56%. The major stock indexes fell to session lows Thursday morning ...


May 18, 2016, 9:15 pm, 1637841
Both indexes finished off highs of the session as the minutes of the Federal Reserve meeting left a sour taste in some traders' mouths. The S&P 500 gained 0.02% while the NASDAQ added 0.50%. Personally, I don't buy the idea that any action is happening in June. ...


May 17, 2016, 7:15 pm, 1637476
Easy come, easy go. Yesterday's oversold rally was eradicated within 24 hours as the S&P 500 fell 0.94% and the NASDAQ 1.25%. Indexes were in the red but not that heavily before the afternoon when some waves of selling hit the market. Even with the slightest hint ...


May 16, 2016, 9:15 pm, 1637101
A small gap up Monday led to a good solid follow through by bulls as the S&P 500 gained 0.98% while the NASDAQ added 1.22%. China's investment, factory output and retail sales all grew more slowly than expected in April, according to data released over the weekend. ...


May 13, 2016, 5:15 pm, 1636456
Friday the 13th was not kind to the bulls. Indexes opened near unchanged and held there through the morning but the afternoon brought lots of selling. The S&P 500 fell 0.85% while the NASDAQ dropped 0.41%. April retail sales rose 1.3%, topping expectations. Over the past twelve ...


May 12, 2016, 7:15 pm, 1636147
U.S. indexes opened up, sold off a bit and finished near unchanged Thursday. The S&P 500 fell 0.02% while the NASDAQ dropped 0.49% - weighed down by Apple. News flow remains slight as we are done with the bulk of earnings and most of the key economic data ...


May 11, 2016, 9:15 pm, 1635780
Wednesday was almost the exact inverse of Tuesday - indexes gapped down at the open and sellers were pervasive most of the session. The S&P 500 fell 0.96% while the NASDAQ dropped 1.02%. It was a very rotten day in the retail sector. "Stocks ...


May 10, 2016, 7:15 pm, 1635310
Unlike the oversold rallies of Friday and Monday, Tuesday's finally had some bite to it. Indexes gapped up at the open on some comments from Japan, and buyers came in all session - the S&P 500 gained 1.25% and the NASDAQ 1.26%. Randy Frederick, managing director ...