Its breakfast in America! Stocks posted strong gains as economic news and a batch of fresh earnings reports cheered investors. The Dow was up 320 points on heavy volume to close at 17,489. McDonalds posted stronger than expected sales and earnings as the rollout of the 24/7 all-day breakfast seems to be working. Overall sales…Read more
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Stocks traded mixed again today before a late selloff pushed the Dow lower by 48 points to 17,168. Trading volume was higher indicating institutional investors were moving food off the table. Stocks have recovered from late September lows but now seem to be hitting resistance at the 17,300 level. In the air, Boeing reported solid…Read more
Stocks continue to trade in a mixed fashion with a hint of upside. After trading both sides of the street the Dow closed off 13 points at 17,217 on very light volume. The NASDAQ fell on higher volume due to a pullback in healthcare stocks. In two days, Weight Watchers stock has more than doubled…Read more
Stocks fell over uncertainty regarding a slowdown in emerging markets, falling energy and the timing of a US interest rate hike. The Dow closed the day off 312 to 16,001 on heavy volume. Energy and biotech stocks were hit while defensive sectors like utilities were winners. Some are thinking we could retest the lows seen…Read more
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