By Josh Hayes on April 12, 2007
Stocks started the day weak on the back of data from the NAR announcing that they expected existing home sales to fall in 2007-the first drop in 38 yrs-and also see lower existing and new home sales in the short term. That combined with higher gas prices weighed on stocks early. But once again the [...]
Posted in default category | Tagged 2pm, closed end funds, djia, gas prices, HIG, lows, meat products, meeting minutes, nar, Nasdaq, NYSE, sp 500, stagflation, wishful thinking |
By Josh Hayes on April 3, 2007
It was a busy day of economic data and merger & acquisition news, kicking off a week of what is going to be a economic data-filled short week. Stocks got off to a good start, gapping higher, with M & A news all over the headlines. FDC received a bid from Kohlber Karvis Roberts, GISX [...]
Posted in default category | Tagged busy day, djia, economic data, january 1st, sam zell, sp 500, stagflation, trb, uptick, xrx |
By Josh Hayes on March 15, 2007
Stocks finished slightly higher, today, after a barrage of economic data, mergers & acquisitions, and even a scare from Alan Greenspan warning of the subprime loan sector spilling over and effecting other areas of the economy (people didn’t know that would happen?). However, the gains weren’t that impressive as a choppy day of trading had [...]
Posted in default category | Tagged alan greenspan, barrage, bidding war, cme, csco, djia, economic data, eleven years, employment index, jobless claims, Nasdaq, NYSE, ppi, sp 500, stagflation, subprime loan, webx |
