• Re:



    DOW  16,408.54  -16.31 points or -0.10%                        
    S&P  1,864.85  +2.54 points or +0.14%

     NASDAQ 4,095.52  +9.29 points or +0.23%

     

    Stocks finished the week little changed from Thursdays close in mixed, flat trading.  The Market hovered around unchanged most of the the trading day. Goldman Sachs and Morgan Stanley beat the streets quarterly earnings expectations. A couple of notable stock actions to note, IBM and Google were down pretty hard today.  The Stock Market is closed tomorrow in observance of the Good Friday Holiday.  Enjoy the long weekend.


    All released and proposed to be released economic reports for the week are listed below.


    April 14

    8:30 am Retail Sales report for March was up 1.1 percent. The Market was expecting up 1.0 percent. The prior released figure was revised from 0.3 percent up to 0.7 percent.

    8:30 am Retail Sales ex-auto report for March was up 0.7 percent. The Market was expecting up 0.5 percent. The prior reported figure was up 0.3 percent. 

    10:00 am Business Inventories report for February was 0.4 percent. The Market was expecting 0.6 percent. The prior reported figure was 0.4 percent. 


    April 15

    8:30 am CPI report for March was up 0.2 percent. The Market was expecting 0.1 percent. The prior reported figure was 0.1 percent.

    8:30 am Core CPI report for March was up 0.2 percent. The Market was expecting 0.1 percent. The prior reported figure was 0.1 percent. 

    8:30 am Empire Manufacturing report for April was up 1.3. The Market was expecting 7.5. The prior reported figure was 5.6. 

    9:00 am Net Long-Term TIC Flows report for February was $85.7B. The prior reported figure was revised up to $7.7B from $7.3B. 

    10:00 am NAHB Housing Market Index report for April was 47. The Market was expecting 50. The prior reported figure was revised from 47 down a notch to 46. 


    April 16

    7:00 am MBA Mortgage Index report for April 12 was 4.3 percent. The prior reported figure was -1.6 percent. 

    8:30 am Housing Starts report for March was 946,000. The Market expected 955,000. The prior reported figure was revised from 907,000 up to 920,000. 

    8:30 am Building Permits report for March was 990,000. The Market was expecting 1,003,000. The prior reported figure was revised from 1,018,000 to 1,014,000. 

    9:15 am Industrial Production report for March was 0.7 percent. The Marker was expecting 0.5 percent. The prior reported figure was revised from 0.6 percent up to 1.2 percent. 

    9:15 am Capacity Utilization report for March was 79.2 percent. The Market expected 78.8 percent. The prior reported figures revision remained 78.4 percent.

    10:30 am Crude Inventories report for March 12 was 10.013M. The prior reported figure was 4.030M.

    2:00 pm Feds Beige Book report for April revealed that the Federal Reserve intends to keep rates low well into the economic recovery. 


    April 17

    8:30 am Initial Claims report for April 12 was 304,000. The Market was expecting 312,000. The prior reported figure was revised from 300,000 to 302,000.

    8:30 am Continuing Claims report for April 5 was 2,739,000. The Market was expecting 2,800,000. The prior reported figure was revised from 2,776,000 to 2,750,000. 

    10:00 am Philadelphia Fed report for April was 16.6. The Market was expecting 8.6. The prior reported figure was 9.0.

    10:30 am Natural Gas Inventories report for April 12 was 24bcf. The prior reported figure was 4bcf.

    On Thu, Apr 17, 2014 at 3:42 PM, Warren Sulmasy <wjsjr80@gmail.com> wrote:

    DOW  16,424.85  +162.29 points or +1.00%                        S&P  1,862.31  +19.33 points or +1.05%

     NASDAQ 4,086.23  +52.06 points or +1.29%

     

    Stocks posted a third consecutive positive day rallying up over 1 percent across the major stock indexes. The Market opened higher, pulled back in late morning trading, remaining positive, and then rallied for the remainder of the day to close at the highs of the trading session. The Feds Beige Book confirmed that weather played a role in tempering economic growth over the winter months. The Market also was happy to hear Janet Yellen state that interest rates will remain low even after the economy has been categorized recovered. 


    All released and proposed to be released economic reports for the week are listed below.


    April 14

    8:30 am Retail Sales report for March was up 1.1 percent. The Market was expecting up 1.0 percent. The prior released figure was revised from 0.3 percent up to 0.7 percent.

    8:30 am Retail Sales ex-auto report for March was up 0.7 percent. The Market was expecting up 0.5 percent. The prior reported figure was up 0.3 percent. 

    10:00 am Business Inventories report for February was 0.4 percent. The Market was expecting 0.6 percent. The prior reported figure was 0.4 percent. 


    April 15

    8:30 am CPI report for March was up 0.2 percent. The Market was expecting 0.1 percent. The prior reported figure was 0.1 percent.

    8:30 am Core CPI report for March was up 0.2 percent. The Market was expecting 0.1 percent. The prior reported figure was 0.1 percent. 

    8:30 am Empire Manufacturing report for April was up 1.3. The Market was expecting 7.5. The prior reported figure was 5.6. 

    9:00 am Net Long-Term TIC Flows report for February was $85.7B. The prior reported figure was revised up to $7.7B from $7.3B. 

    10:00 am NAHB Housing Market Index report for April was 47. The Market was expecting 50. The prior reported figure was revised from 47 down a notch to 46. 


    April 16

    7:00 am MBA Mortgage Index report for April 12 was 4.3 percent. The prior reported figure was -1.6 percent. 

    8:30 am Housing Starts report for March was 946,000. The Market expected 955,000. The prior reported figure was revised from 907,000 up to 920,000. 

    8:30 am Building Permits report for March was 990,000. The Market was expecting 1,003,000. The prior reported figure was revised from 1,018,000 to 1,014,000. 

    9:15 am Industrial Production report for March was 0.7 percent. The Marker was expecting 0.5 percent. The prior reported figure was revised from 0.6 percent up to 1.2 percent. 

    9:15 am Capacity Utilization report for March was 79.2 percent. The Market expected 78.8 percent. The prior reported figures revision remained 78.4 percent.

    10:30 am Crude Inventories report for March 12 was 10.013M. The prior reported figure was 4.030M.

    2:00 pm Feds Beige Book report for April revealed that the Federal Reserve intends to keep rates low well into the economic recovery. 


    April 17

    8:30 am Initial Claims report for April 12 was 304,000. The Market was expecting 312,000. The prior reported figure was revised from 300,000 to 302,000.

    8:30 am Continuing Claims report for April 5 was 2,739,000. The Market was expecting 2,800,000. The prior reported figure was revised from 2,776,000 to 2,750,000. 

    10:00 am Philadelphia Fed report for April was 16.6. The Market was expecting 8.6. The prior reported figure was 9.0.

    10:30 am Natural Gas Inventories report for April 12 was 24bcf. The prior reported figure was 4bcf.

  • Market Rallies Big For 3rd Consecutive Day

    Inline image 1

    DOW  16,424.85  +162.29 points or +1.00%                        S&P  1,862.31  +19.33 points or +1.05%

     NASDAQ 4,086.23  +52.06 points or +1.29%

     

    Stocks posted a third consecutive positive day rallying up over 1 percent across the major stock indexes. The Market opened higher, pulled back in late morning trading, remaining positive, and then rallied for the remainder of the day to close at the highs of the trading session. The Feds Beige Book confirmed that weather played a role in tempering economic growth over the winter months. The Market also was happy to hear Janet Yellen state that interest rates will remain low even after the economy has been categorized recovered. 


    All released and proposed to be released economic reports for the week are listed below.


    April 14

    8:30 am Retail Sales report for March was up 1.1 percent. The Market was expecting up 1.0 percent. The prior released figure was revised from 0.3 percent up to 0.7 percent.

    8:30 am Retail Sales ex-auto report for March was up 0.7 percent. The Market was expecting up 0.5 percent. The prior reported figure was up 0.3 percent. 

    10:00 am Business Inventories report for February was 0.4 percent. The Market was expecting 0.6 percent. The prior reported figure was 0.4 percent. 


    April 15

    8:30 am CPI report for March was up 0.2 percent. The Market was expecting 0.1 percent. The prior reported figure was 0.1 percent.

    8:30 am Core CPI report for March was up 0.2 percent. The Market was expecting 0.1 percent. The prior reported figure was 0.1 percent. 

    8:30 am Empire Manufacturing report for April was up 1.3. The Market was expecting 7.5. The prior reported figure was 5.6. 

    9:00 am Net Long-Term TIC Flows report for February was $85.7B. The prior reported figure was revised up to $7.7B from $7.3B. 

    10:00 am NAHB Housing Market Index report for April was 47. The Market was expecting 50. The prior reported figure was revised from 47 down a notch to 46. 


    April 16

    7:00 am MBA Mortgage Index report for April 12 was 4.3 percent. The prior reported figure was -1.6 percent. 

    8:30 am Housing Starts report for March was 946,000. The Market expected 955,000. The prior reported figure was revised from 907,000 up to 920,000. 

    8:30 am Building Permits report for March was 990,000. The Market was expecting 1,003,000. The prior reported figure was revised from 1,018,000 to 1,014,000. 

    9:15 am Industrial Production report for March was 0.7 percent. The Marker was expecting 0.5 percent. The prior reported figure was revised from 0.6 percent up to 1.2 percent. 

    9:15 am Capacity Utilization report for March was 79.2 percent. The Market expected 78.8 percent. The prior reported figures revision remained 78.4 percent.

    10:30 am Crude Inventories report for March 12 was 10.013M. The prior reported figure was 4.030M.

    2:00 pm Feds Beige Book report for April revealed that the Federal Reserve intends to keep rates low well into the economic recovery. 


    April 17

    8:30 am Initial Claims report for April 12

    8:30 am Continuing Claims report for April 5

    10:00 am Philadelphia Fed report for April

    10:30 am Natural Gas Inventories report for April 12

  • Market Closes Higher Wiping Out the Days Earlier Losses in Volatile Trading

    DOW  16,262.56  +89.32 points or +0.55%                        S&P  1,842.98  +12.37 points or +0.68%

     NASDAQ 4,034.16  +11.47 points or +0.29%

     

    After volatile trading day that saw the DOW plunge over 100 points in the morning and early afternoon, the market bottomed out around 1pm EST and proceeded to rally wiping out the days earlier losses and continued to rally for the remainder of the day to close positive for the second consecutive day. The DOW ran up +89.32 points or up +0.55 percent to close up at 16,262.56 for the trading day. The S&P 500 equity index rallied up +12.37 points or up +0.68 percent to close up at 1,842.98 for the trading session. The NASDAQ index was again, the laggard index for the day, rallying up +11.47 points or up +0.29 percent to close up at 4,034.16 for the day.   


    All released and proposed to be released economic reports for the week are listed below.


    April 14

    8:30 am Retail Sales report for March was up 1.1 percent. The Market was expecting up 1.0 percent. The prior released figure was revised from 0.3 percent up to 0.7 percent.

    8:30 am Retail Sales ex-auto report for March was up 0.7 percent. The Market was expecting up 0.5 percent. The prior reported figure was up 0.3 percent. 

    10:00 am Business Inventories report for February was 0.4 percent. The Market was expecting 0.6 percent. The prior reported figure was 0.4 percent. 


    April 15

    8:30 am CPI report for March was up 0.2 percent. The Market was expecting 0.1 percent. The prior reported figure was 0.1 percent.

    8:30 am Core CPI report for March was up 0.2 percent. The Market was expecting 0.1 percent. The prior reported figure was 0.1 percent. 

    8:30 am Empire Manufacturing report for April was up 1.3. The Market was expecting 7.5. The prior reported figure was 5.6. 

    9:00 am Net Long-Term TIC Flows report for February was $85.7B. The prior reported figure was revised up to $7.7B from $7.3B. 

    10:00 am NAHB Housing Market Index report for April was 47. The Market was expecting 50. The prior reported figure was revised from 47 down a notch to 46. 


    April 16

    7:00 am MBA Mortgage Index report for April 12 

    8:30 am Housing Starts report for March 

    8:30 am Building Permits report for March

    9:15 am Industrial Production report for March 

    9:15 am Capacity Utilization report for March 

    10:30 am Crude Inventories report for March 12

    2:00 pm Feds Beige Book report for April


    April 17

    8:30 am Initial Claims report for April 12

    8:30 am Continuing Claims report for April 5

    10:00 am Philadelphia Fed report for April

    10:30 am Natural Gas Inventories report for April 12

  • Market Closes Higher Wiping Out the Days Earlier Losses in Volatile Trading

    DOW  16,262.56  +89.32 points or +0.55%                        S&P  1,842.98  +12.37 points or +0.68%

     NASDAQ 4,034.16  +11.47 points or +0.29%

     

    After volatile trading day that saw the DOW plunge over 100 points in the morning and early afternoon, the market bottomed out around 1pm EST and proceeded to rally wiping out the days earlier losses and continued to rally for the remainder of the day to close positive for the second consecutive day. The DOW ran up +89.32 points or up +0.55 percent to close up at 16,262.56 for the trading day. The S&P 500 equity index rallied up +12.37 points or up +0.68 percent to close up at 1,842.98 for the trading session. The NASDAQ index was again, the laggard index for the day, rallying up +11.47 points or up +0.29 percent to close up at 4,034.16 for the day.   


    All released and proposed to be released economic reports for the week are listed below.


    April 14

    8:30 am Retail Sales report for March was up 1.1 percent. The Market was expecting up 1.0 percent. The prior released figure was revised from 0.3 percent up to 0.7 percent.

    8:30 am Retail Sales ex-auto report for March was up 0.7 percent. The Market was expecting up 0.5 percent. The prior reported figure was up 0.3 percent. 

    10:00 am Business Inventories report for February was 0.4 percent. The Market was expecting 0.6 percent. The prior reported figure was 0.4 percent. 


    April 15

    8:30 am CPI report for March was up 0.2 percent. The Market was expecting 0.1 percent. The prior reported figure was 0.1 percent.

    8:30 am Core CPI report for March was up 0.2 percent. The Market was expecting 0.1 percent. The prior reported figure was 0.1 percent. 

    8:30 am Empire Manufacturing report for April was up 1.3. The Market was expecting 7.5. The prior reported figure was 5.6. 

    9:00 am Net Long-Term TIC Flows report for February was $85.7B. The prior reported figure was revised up to $7.7B from $7.3B. 

    10:00 am NAHB Housing Market Index report for April was 47. The Market was expecting 50. The prior reported figure was revised from 47 down a notch to 46. 


    April 16

    7:00 am MBA Mortgage Index report for April 12 

    8:30 am Housing Starts report for March 

    8:30 am Building Permits report for March

    9:15 am Industrial Production report for March 

    9:15 am Capacity Utilization report for March 

    10:30 am Crude Inventories report for March 12

    2:00 pm Feds Beige Book report for April


    April 17

    8:30 am Initial Claims report for April 12

    8:30 am Continuing Claims report for April 5

    10:00 am Philadelphia Fed report for April

    10:30 am Natural Gas Inventories report for April 12