February 9th 2018 Market Minute
February 9, 2018
Let’s start with a little January 2018 information on some of the Equity markets around the world. The Australian Equity Market, (All Ordinaries) hit it’s highest level (6254) since 2007/2008 on Monday January 9th 2018. By the close Monday January 22nd it was down -2.16% from this high. The New Zealand Equity Market, (NZX) hit […]
November 18 2016 Market Minute
November 18, 2016
The Dow Jones Industrial Average, for the second week in a row, made a new high of 18,934. The NASDAQ Composite also hit a new high this week of 5,346. SP500 (2,181) is near its September 2016 high (2,193). Oil ($46.36) continues to trade in the mid $40’s. Gold ($1,208.70) stabilized after last weeks fall […]
October 28 2016 Market Minute
October 28, 2016
Rate Roller Coaster. The 30 Year US Treasury is back up to 2.61%. The same level it was back in the Spring of this year before heading down to the years low of 2.102% The “Long Bond” has now made a “Round Trip” going first down, then up “One-half of 1%” or, “.50%” , or […]
September 23 2016 Market Minute
September 23, 2016
Treasury yields moved lower this week with the 30 Year US Treasury dropping from almost 2.5% to 2.34%. Oil was relatively flat this week, closing at $44.48. Equity indices were much calmer this week than last with the DOW Jones up 138 points (18,261) for the week. The SP500 and NASDAQ were also up a […]
September 9 2016 Market Minute
September 9, 2016
All time high for the NASDAQ Composite earlier this week, (5, 287), but couldn’t hold it for the close of the week, (5,125). Today, Friday, was an interesting day due to the Dow Jones Industrial dropping 394 points to 18,085 and bond yields rising also. Oil rebounded a little to over $45. Today’s market was […]
August 26 2016 Market Minute
August 26, 2016
US Equity Markets were down a little this week with the NASDAQ losing -.65%, SP 500 about -1% and the DOW -1.35%. US Bond yields were also relatively flat. World Indices were mostly in line with the US, or slightly positive. Focus this week was on the ‘Economic Rocket Science’ going on in Jackson Hole, […]
August 12 2016 Market Minute
August 12, 2016
Trifecta! The Dow Jones Industrials, ‘18,614’, SP 500, ‘2,185’, and NASDAQ Composite, ‘5,228’, all closed at new highs this week (Thursday). Global Sovereign Bond Yields continue to be just off record lows, excluding British Gilts which hit new record lows. Oil had its largest weekly rise, +$3 to $45, in over three months.This was the first time since December […]
August 5 2016 Market Minute
August 5, 2016
Despite the interest rate cut of the Bank of England (BOE) this week, for the second week in a row both the US Equity Market and Bond Market were relatively flat. Dow Jones Industrials just off all time highs hit last month and US Treasury Yields also off all time lows hit last month. Another […]
July 29th 2016 Market Minute
July 29, 2016
Dow Jones Industrial and SP 500 were both relatively flat week over week. The NASDAQ Composite, however, hit its highest level all year propelled by some Technology Company earnings reports. Interest Rates on Sovereign Government Bonds, both in and outside the US, were also relatively flat week over week too, yet just of record low […]
July 22 2016 Market Minute
July 22, 2016
The Dow Jones Industrial average hit an all time high earlier this week of 18, 622. The SP500 also hit an all time high of 2, 175. The NASDAQ, 5, 098 is still over 100 points away from its July 2015 high of 5,231. MSCI Emerging Markets Index hit YTD highs this week, but well […]