New Weeks, New Highs The market uptrend continues with stocks quietly making new highs on both the Dow Jones Industrial Average and the S&P 500. Trading volume is up, signaling institutional buying support. The European Central Bank finally made a substantial cut in interest rates, encouraging all stocks upward. Both the S&P 500 and the […]
Tag: "Carl Icahn"
Competence Is Scarce Spring is here. After sliding into a correction, stocks rebounded in mid-April with three straight up days that prodded the S&P 500 back to a positive number for 2014. Volume was only moderate but trading during Passover and Holy Week always slows. Heavier trading showing institutional demand together with more upside action […]
The Federal Reserve Is Coming To Town The economy is expanding at a “modest to moderate” pace, according to a recent announcement by the Federal Reserve. After mixed results earlier this year, there are signs of acceleration in some key sectors. Sales of new homes picked up this fall and a report by payroll-processing firm […]