The Quants Run Wall Street Now – @WSJ

| May 21, 2017

LINK to WSJ article

Looking for a beaten up stock? Look at FireEye – $FEYE

| April 27, 2017

Once a cloud-computing software security darling, FireEye has taken it on the chin and then some. Concerns still abound, but from most accounts, a bottom in stock price may have been found. It is particularly encouraging that Goldman’s Gabriela Borges, a software security analyst, has issued a “buy” recommendation and believes the stock will rally 18% […]

Job growth above expectations, but markets continue declining

| January 8, 2016

The financial markets took another slide this Friday afternoon even after “impressive” job numbers were released this morning. Growth was well above expectations showing 292,00 jobs were created in December 2015. This came as a mixed message for investors as they needed something to stimulate their interest in buying stocks … unfortunately many came away […]

Not a promising 2016 start for investors

| January 8, 2016

January 2016 has not given investors an optimistic start as stocks sold off for another day on Thursday. The slide gives the Dow its worst start to begin a year since the 30-stock index was created in 1928. Fingers are pointing to economic woes and government financial manipulation in China as well as world oil […]

Jobs report: 280,000 jobs in May with 5.5% unemployment

| June 5, 2015

The jobs numbers were relatively positive considering the weak growth earlier this year, but still concerning in that the post-recession job growth is not was is normally expected after a recession. Still, one positive is that we are not facing inflation or seeing numbers that would indicate the U.S. is slipping back into a recession. […]

Will investors keep selling in May … and go away until autumn?

| May 6, 2015

Equity markets are struggling to make any positive headway this month as each time there is a sliver of optimism that the economy will improve, another round of negativity takes the wind out of sails. Wednesday, after what looked like a positive start to the trading day, a “triple whammy of a pullback in energy […]

Equities rally, dollar stronger and precious metals decline

| October 31, 2014

A big morning for stocks as global markets celebrate Japan expands their stimulus. The DOW hit an all-time intraday high as giddy investors bought blue chip equities expecting the economy to continue to grow. The good news of better corporate profits and the Federal Reserve’s finalizing their stimulus makes Wall Street feel good … BUT […]

Financial Markets continue climbing into record territory

| November 15, 2013

The U.S. stock market powered forward again today with the expectation that Janet Yellen will continue the easy money policies as head of the Federal Reserve. The Dow Jones Industrial Average (chart above) has investors cheering even as recent bumps attempted to derail the anemic jobless recovery. I doubt the party can continue forever, but […]

Dow Industrials Close at Record High of 14253.77

| March 5, 2013

The Dow Jones Industrial Average surged Tuesday to its highest closing level ever jumping 125.95 points to finish above the previous record of 14164.53 set on Oct. 9, 2007. The low was a year and a half later bottoming out at 6547.05 on March 9, 2009. For those holding or buying “long” and in the […]

Wall Street and market indices improve a bit

| November 15, 2011

The news from Europe and lackluster leadership in Washington DC continued to dampen investors hopes that we might see a rebound in both jobs and economy, but for today the markets closed up after an early down move today. The Dow was up 17 points, S&P 500 about 6 and the Nasdaq an impressive 29 […]

Inflation up. Wages and salaries stagnant. (except government)

| October 23, 2011

The new CPI numbers (Consumer Price Index) released by the government verify what most balancing family budgets already know … inflation is taking a bigger bite out of incomes. Most private sector workers feel fortunate just to be employed and have seen their take-home pay and benefits stagnate or retreat. Everyone I know has had […]

Trying to understand the Occupy Wall Street message

| October 17, 2011

By now most in America have at least acknowledged that there are legitimate protests movements in several cities including NYC; some protesting are anarchists and anti-American types looking to hijack any radical movement, but many are legitimately angry with the state of our nation, the partisanship that favors and bails out the Wall Street banks […]

Recovering losses after politically triggered market meltdown

| August 15, 2011

We’ve started off the week in a more upbeat fashion as the expectations are high for some kind of deal on Tuesday from the Europeans. Hopefully they’ll be able to sooth the jitters many are having over banking and Eurozone’s socialist mentality. I’m not holding my breath that they’ll be able the make the social […]

Financial markets down after Fed, but up in the last hour

| August 9, 2011

Although I’m tiring of watching the fickle up and down action of the stock market … as are those who might stumble across my blog these couple of weeks … it is better to be able to say that the Dow Jones Industrial Average finished near session highs today. The 429.92 points – 3.98% gain […]

Dow closes down over 600 pts after S&P US credit downgrade

| August 8, 2011

Oh to have had the wisdom of a Glenn Beck … and have listened to his analysis of how foolish it was to have believed in an economic recovery? He continued to recommend investing in gold as a safe haven from the upcoming financial meltdown. Of course one would think that as someone who watched […]

Is the economy heading down again or is it just panic selling?

| August 8, 2011

Double dip or not? That is the question investors are facing, especially if they are holding stocks and bonds. After lunch today the markets are still seeing heavy selling … panic selling perhaps … after the S&P downgrade this weekend. Realistically though, companies and even banks are much stronger than they were back in 2008 […]

Another even bigger down day on Wall Street–Dow – 512.61

| August 4, 2011

After the agonizing debates in order to come to a half solution to control our deficit, debt and raising the President’s ability to borrow these past several weeks, the debt ceiling agreement did little to help the world’s financial markets – Europe’s banking problem does little to help. Today Wall Street returned the largest lost […]

Stocks see strong gains making for the best week in 2 years

| July 1, 2011

Since I’ve posted on stock market declines enough times already this year, it is time to focus on a little positive news. Recently (like the past week), the wider U.S. stock market has reacted positively to much of the news … some good some bad. Today was no exception as the markets rallied into a […]

Wall Street has little confidence in a rebounding U.S. economy

| June 29, 2010

The Dow Industrials closed down 2.6% or 270 points to 9870.30 on Tuesday afternoon. The Nasdaq stay in step down 3.85% to 2135 and S&P 500 closed at 1041.24, hitting its low for the year. A report indicating consumer confidence was way down in June had investors’ concerned about the overall global economy.  Investors headed […]

Gangbuster recovery for a week of down markets

| May 27, 2010

 DJI: +285 (+2.8%) | NASDAQ: +82 (3.7%) | S&P 500: +35 (3.3%) If I knew how to trade the up and down stock market I’d be a happy camper … unfortunately it is near impossible. Today’s comeback saw stocks returning the losses from Tuesday and Wednesday, but conditions on Wall Street (and in the overall […]

Amidst the gloom, there is a positive sign on Wall Street

| March 13, 2009

Although I don’t spend every moment watching the stock market as an indicator of our economic woes, I do feel the pain when it comes to paying for college and saving for retirement. So I can’t help but take a breath while noticing the averages rise a bit over the last few days. That said, […]

Ok, so it does get uglier: DJIA closes at 6726

| March 3, 2009

I’ll keep this post short since my mood is the same; the markets tried to find a reason to bounce after loosing 299 point on the DJIA yesterday, but traders and investors would have none of it. The averages did cross yesterday’s ‘ugly’ close a couple time throughout trading on Tuesday, but in the end […]

Microsoft abandons bid for Yahoo

| May 3, 2008

Microsoft released a letter from Chief Executive Steve Ballmer on Saturday that he sent to Yahoo CEO Jerry Yang saying that Microsoft was willing to raise its offer to $33 a share for Yahoo, but Yahoo demanded at least $4 per share more; $37/share. (the Monday share price for Yahoo will be interesting) “Despite our […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.