Monthly Archives: August 2016
August 30, 2016
By Vlad Karpel

Stocks are chopping lower amid light trading and few catalysts to move things one way or the other. The S&P 500 is down 5.38 points to 2175 and 2 points from session lows. Treasury bonds are flat after Consumer Confidence for August unexpectedly rose to 101.1 from 97.3 the month before. The yield on the […]




August 25, 2016
By Vlad Karpel

Stocks opened lower, but erased the early losses and are modestly higher into midday Thursday. The S&P 500 is up 3.16 points to 2178.60 and more than 8 points from session lows. Treasury bonds slumped in early trading as well after a report on Durable Goods for July was better-than-expected and ahead of an annual […]




August 23, 2016
By Vlad Karpel

Strength across Europe’s equities markets set the table for morning gains on Wall Street and stocks are broadly higher into midday Tuesday. The S&P 500 is up 7.81 points to 2190.45 and 3 points from session highs. Europe’s stocks advanced on preliminary readings from the Purchasing Manager’s Index (PMI) for August. At the same time, […]




August 18, 2016
By Vlad Karpel

Stocks are chopping around in a range and without much vigor into midday Thursday. After opening modestly lower, the S&P 500 is up .9 points to 2183.12 and in the middle of today’s narrow 6-point trading range. Treasury bonds are also flat despite better-than-expected readings on jobless claims, manufacturing (Philadelphia Fed) and Leading Indicators. The […]




August 16, 2016
By Vlad Karpel

Stock market averages are modestly lower midday Tuesday after achieving record highs the day before. The S&P 500 is down 7.45 points to 2182.63 and two points from session lows. Treasury bonds are seeing modest weakness on in-line inflation (CPI) data and after New York Fed President Dudley signaled a more hawkish view on Fox […]




August 11, 2016
By Vlad Karpel

Stocks opened modestly higher and are building on the gains through midday Thursday. The S&P 500 is up 10.86 points to 2186.35 and on pace to close at record levels. Treasury bonds are seeing modest weakness following an in-line reading on jobless claims and as equities tick higher. The yield on the benchmark ten-year edged […]




August 9, 2016
By Vlad Karpel

The S&P 500 continues the grind to new highs in quiet fashion Tuesday. After adding dropping 1.98 points Monday, the index has added another 5.34 points to 2186.23 and near session highs. Treasury bonds are also higher after a report showed a surprise .5% decline in productivity in the second quarter. The yield on the […]




August 4, 2016
By Vlad Karpel

Stocks are trading in mixed fashion on light volumes into midday Thursday. The S&P 500 has navigated a narrow 8-point range and is flat at 2163.79. Five of ten market sectors are holding gains, led by Utilities (XLU), Tech (XLK), and Consumer Staples (XLP). Telecomm (IYZ) and Financials (XLF) are notable laggards. Treasury bonds are […]




August 2, 2016
By Vlad Karpel

Stocks opened modestly lower and the decline is gathering a bit of momentum into midday Tuesday. The S&P 500 is down 13.32 points to 2157.52 and 1 point from session lows. Treasury bonds are seeing weakness for a second day and the yield on the benchmark ten-year is ticking up to 1.56% ahead of key […]