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Monthly Archive: May 2015

May 29

Equities take a breather

5/28/15 Market Recap: Equities took a breather yesterday with uncertainty in Europe and weakness in the Asian markets driving markets lower. Stocks moved down from the beginning of the session, reaching the day’s lows by mid-morning, but were able to pare most of the losses and close with only marginal declines at the end of …

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May 27

Futures point to a slight rebound

5/26/15 Market Recap:  The markets began the shortened trading week on a negative note yesterday with each one of the major averages declining by more than 1%. After a week marked by vacillation and incremental rises on incredibly light participation, the markets moved in a more decided fashion yesterday, falling from the beginning of the …

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May 22

Bad news once again turns into good news

5/21/15 Market Recap: Equities finished with modest gains yesterday as bad news once again turned into good news for the markets. Existing home sales disappointed, falling by 3.3%, and jobless claims rose more than expected but these economic data points lead to the belief that the Fed will continued its dovish stance regarding interest rates. …

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May 21

Investors continue to consider yesterday’s April FOMC meeting minutes

05/20/15 Market Recap: In what has been a common occurrence over the past few trading sessions, traders stayed primarily on the sidelines with the markets never straying too far from the neutral line. The major averages, hovering near record levels, closed mixed with either marginal gains or marginal losses. Even the Fed minutes, released during …

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May 20

Markets are moving marginally higher

Market Recap 051915: It was another light trading day in the market as investors continue to weigh evidence of a recovering US economy against the inevitability of a rate hike. Positive economic news, signaling a pick up from disappointing 1Q numbers, cause investors to worry that a rate hike could come quicker while poor economic …

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May 19

Dollar Taking Back Some Ground

Market Recap 051815: Despite beginning the day in the red, markets ended the day on a positive note with all major averages registering gains on the day and the Dow and S&P notching record highs again. Despite the lack of major economic news to drive the markets, stocks moved higher on acquisition news (Ascena Retail …

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May 18

This Week’s Market Moving Events

Market Recap 051515: The markets ended the week with a whimper on Friday, vacillating between small gains and losses for most of the day before ultimately ending with marginal gains for the S&P and Dow and marginal losses for the Nasdaq and Russell 2000. Friday’s disappointing industrial production and consumer sentiment reports added to the …

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May 15

Futures Are Moving Higher

Market Recap 051415: The S&P 500 closed at record highs and the Nasdaq settled above 5k in yesterday’s trading as the broad markets registered its first positive session of the week. All four of the major averages rallied by more than one percent with the aforementioned Nasdaq composite leading the way with a gain of …

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May 13

Lack Of Significant News

5/12/15 Market Recap: With a lack of significant news to bolster the market, equities declined in yesterday’s trading though closing well above the lows of the session. Though it may seem like a bit of a moral victory, the markets managed to pare losses sustained at the beginning of the session, one negatively influenced by …

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May 11

This Week’s Market Moving Events

Market Recap: A much stronger than forecast April Employment report boosted investor confidence as major indexes rallied by well over 1% on Friday. The official unemployment rate dropped to 5.4%, while the overall job growth rate is being viewed as just strong enough to keep our economy growing, but not strong enough to warrant a …

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