Finance Roundtable

Technical Problems 3/9/15

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Finance Roundtable

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

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Trader Mike


June 30, 2015, 7:14 pm, 1499650
Indexes ended the first half of 2015 in a very similar fashion to most of the days this year - with little direction. The S&P 500 gained 0.27% and the NASDAQ 0.57%. The S&P 500 posted its smallest gain on record (going back to 1928) for the first ...


June 29, 2015, 7:14 pm, 1498921
Many assumed negotiations would go to the last minute and then a "stick save" would appear this weekend between Greece and its creditors - as has been the pattern for years globally since Lehman Brothers was allowed to fail. Talks fell through Saturday and markets misbehaved in reaction Monday. ...


June 26, 2015, 7:14 pm, 1497814
In this week's episode of deal or no deal, traders thought it would be deal early in the week and then became disappointed later in the week when nothing happened. So we go into the weekend awaiting a "miracle agreement" before June 30th. The S&P 500 fell 0.04% ...


June 25, 2015, 7:14 pm, 1497221
Quick Note from Blain - For those who use and follow us on Twitter, please note our twitter handle has changed from @stocktrading2go to @traderblain. Similarly, our Facebook fan page is now facebook.com/StockMarketRecaps instead of facebook.com/StockTradingToGoBlog. Thanks! The market is twiddling its thumbs as everyone awaits the "last minute shocking ...


June 24, 2015, 5:14 pm, 1496537
Welcome to our new digs readers!Action has been better the past few days on assumptions of a Greek deal but as we wrote Monday:Of course if some bad news comes out in the next few days all this can be reversed short term!Most still assume the can will be kicked ...


June 24, 2015, 3:14 pm, 1496449
Indexes essentially reversed yesterday's losses as this "market going nowhere" action continues. The S&P 500 gained 0.57% and the NASDAQ 0.52%. The Fed has trained investors for years to be bullish as they are almost always dovish (easy with monetary policy) so we'll see if that continues ...


June 24, 2015, 3:14 pm, 1496448
Indexes started up ....then sold off into the Fed announcement and then rallied post Fed. The S&P 500 gained 0.20% and the NASDAQ 0.18% - normally the market seems to rally a lot more on Fed announcement days as they are almost always dovish. Today was likewise ...


June 24, 2015, 3:14 pm, 1496447
he S&P 500 gained 0.99% and the NASDAQ 1.34% as some positive technical action did come into the market. We'll see if it can last this time around. Today was a symbolic day as well as the NASDAQ topped its intraday high at the top of the ...


June 24, 2015, 3:14 pm, 1496446
Indexes opened slightly down at the open and buyers never really showed Friday as the S&P 500 0.53% and NASDAQ 0.31%. It is back to Greece watch after 2 days of Fed watch.At an emergency summit on Monday, euro zone officials are expected to discuss how to handle a ...


June 24, 2015, 3:14 pm, 1496445
We said last week a few times it is a difficult time to be short the market even if the indexes are not doing much because at first hint of a Greek agreement the market should bounce. And with the deadline fast approaching and the usual "kick the ...