October 4, 2016
By Vlad Karpel

Stocks opened modestly higher, but have erased the early gains and are lower into midday Tuesday. After shedding 7 points Monday, the S&P 500 is down 5 points to 2156.20 and nearly 10 points from session highs. With no economic data to guide trading, Treasury bonds are little changed in wait-and-see action ahead of jobs […]

September 29, 2016
By Vlad Karpel

Stocks opened modestly lower and remain in the red midday Thursday. The S&P 500 is down 6.76 points to 2164.61 and one point from session lows. Treasury bonds are also under water after a third estimate for second quarter GDP printed at 1.4% and above prior estimates of 1.1%. Jobless Claims were also better than […]

September 27, 2016
By Vlad Karpel

Stocks opened modestly lower, but quickly erased morning losses and are bit higher into midday Tuesday. The S&P 500 is up 5.25 points to 2151.35 and 10 points from session lows. Treasury bonds are seeing modest gains despite a surprisingly strong reading on Consumer Confidence, which printed at 104.1 for September and well above consensus […]

September 22, 2016
By Vlad Karpel

Stocks are broadly higher as a relief rally continues for a second day after the Federal Reserve announced no changes to interest rates Wednesday. The S&P 500 added 23.36 points to 2163.12 in the wake of the announcement yesterday and is up another 11.23 points to 2174.35 points midday Thursday. Treasury bonds are enjoying another […]

September 20, 2016
By Vlad Karpel

Stocks opened modestly higher amid wait-and-see action midday Tuesday ahead of Federal Reserve policy announcement Wednesday afternoon. The S&P 500 is up 6.67 points to 2145.79 and 5 points from session highs. Treasury bonds are higher after the only economic stat of the day showed Housing Starts at a seasonally-adjusted rate of 1.142 million and […]

September 15, 2016
By Vlad Karpel

Stocks are rallying to recover some recent losses Thursday and the S&P 500 has gained 16.75 points to 2142.52 after a one-week 60-point tumble. Treasury bonds are under pressure, however, even as investors digested a hefty dose of sluggish economic news. The data included reports showing a .3% drop in Retail Sales, a .4% decline […]

September 13, 2016
By Vlad Karpel

Stocks are sharply lower into midday Tuesday. The S&P 500 is off 34.45 points to 2124.59 and has completely erased Monday’s 31.23-point advance. Falling oil prices served as an early catalyst for weakness in energy-related names and crude is now down $1.37 to $44.92 per barrel. Gold is seeing a modest $3 advance to $1328.50. […]

September 1, 2016
By Vlad Karpel

Stocks opened steady, but are drifting lower on disappointing economic data through midday on the first day of September. The S&P 500 Index is down 11.75 points to 2159.20 and near session lows. Early data showed Jobless Claims falling to 263,000 last week and second quarter productivity at rate of .6%. Both numbers were in-line […]

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 […]

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