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ArchiveSpain Inspires Confidence (GIS, RHT, CCL, T, BTX, XSELY)Posted by Geoff Seiler at 4:57PM on December 20th
Stocks posted a huge rally on positive news out of Europe and strong housing starts in the U.S. Spain had a successful bond auction that saw interest rates on its three-month bonds plunge to 1.74% from 5.1% in its last…  FOMC Spells Volatility Tomorrow (CCL, FDS, AZO, CAG, CRYXF, MCP)Posted by Geoff Seiler at 4:42PM on September 20th
Stocks initially shrugged off some weak housing starts data and an Italian debt downgrade to climb higher, but the rally faded late in the day and the major market averages finished mixed. A two-day Fed meeting is currently underway, and… Argentina’s Answer Might Help Greece (CCL, RENN, WAG, ESRX, BKS, GORO, NGLPF)Posted by Geoff Seiler at 5:05PM on June 21st
Stocks had a very strong day, as the market was buoyed by hopes that Greece would receive another bailout to help it avoid defaulting on its debt. Amid protests, the Greek government faces a vote of confidence tonight, which it… Oops! Investors Surprised by Inflation (DG, EXPR, JEF, CCL, NKE, WAG, REE, NPTN)Posted by Geoff Seiler at 4:41PM on March 22nd
After three strong days, stocks retreated modestly lower in a relatively quiet session. While volatility also took a day off, we don’t think we’ve seen the end of it in the near term given all the geopolitical events going on… Stocks Finish Mixed After Housing Starts, FOMC (AZO, FDS, CAG, CCL, TTPA)Posted by Geoff Seiler at 4:39PM on September 21st
Stocks largely took a pause after yesterday’s nice rally, although the Fed’s comments that it would take further steps to help the economy if needed helped the markets finish mixed. We continue to expect a gradual economic recovery with the… Stocks Wilt In Summer Heat (JEF, SONC, CCL, WAG, VRX)Posted by Geoff Seiler at 4:50PM on June 22nd
Stocks wilted under the summer heat, with retailers once again getting hit particularly hard. While yesterday’s culprit for the fall in retail stocks was the promise of unpegging the yuan (China’s currency), today it was renewed worries over the economy… Bulls Continue Methodical March Higher (PVH, CCL, KBH, PRGO, CCME)Posted by Geoff Seiler at 4:54PM on March 23rd
Stocks continued their steady march upward, with the major market averages once again making new 52-week highs. It’s been a methodical rally that has largely shrugged off mixed economic and political news and potential future headwinds like higher interest rates… |
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