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Congressional Budget Cuts and the Sequester
Tree just falling (Photo credit: National Library of Scotland)With earnings season winding down and the “debt ceiling” suspended until May 18th, traders have had ample time to shift their focus to the...
View ArticleMarkets Lower Closing News 8/27/13
Global stock indexes finished sharply lower as concerns over possible military intervention in Syria and the looming debt ceiling outweighed a rise in German business sentiment and upbeat U.S. Consumer...
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Market Drivers: Syria and Debt Ceiling
Markets slid early in the week, but recouped losses leading into the end of the summer trading season. While Fed tapering concerns are still top of mind, there is the new issue of potential US military...
View ArticleNYSE Morning Update 09/30/2013
Ahead of the Bell: Dow futures are trading down 142 points and S&P futures are trading down 16 points. A possible government shutdown and the debt ceiling fight looms large, which is creating huge...
View ArticleMarket Flash: Market Up
From The trading Floor: Investors are cautiously optimistic this morning as we await further progress to resolve the political deadlock in WashingtonGlobal equities were mostly higher at the time of...
View ArticleMarket Flash: Market Down
From The Trading Floor: As lawmakers continued to wrangle over spending and borrowing plans days before the debt deadline on Thursday, stocks are trading down after advancing for 3 days in a row.Day 12...
View ArticleMarket Flash: Market Up
From The Trading Floor: Encouraged that lawmakers would strike a last-minute deal to prevent the country from defaulting on its debt, equities are trading well into the green this morningDemocrat and...
View ArticleMarket Drivers: General Motors, Debt Ceiling Act II, Santa Claus Rally
Markets face some weakness as we move through the second week of December. Traders seem eager to reduce some risk and lock in profits ahead of the new year. Though the economic calendar is quiet, here...
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