Category Archives: Daily Advantage

Tax tips from ABBA

Mixed economic reports and continued pressure on tech shares made for another choppy session. Consumer inflation stayed tame in March and some much-watched earnings reports beat expectations, but a disappointing regional manufacturing report and sagging homebuilder confidence weighed on stocks … Continue reading

Be the first to comment

Extra-strength password pills

Retail sales were surprisingly robust in March, but despite the good news, stocks had a choppy session. The Dow and S&P 500 Index trimmed early gains and the Nasdaq dipped into the red, but all three accelerated toward strong gains … Continue reading

Be the first to comment

Bears picnic, bulls bolt

The Dow fell 143 points, the Nasdaq lost 54, and the S&P 500 Index declined 17. Zoe’s Kitchen (ZOES), one of three IPOs today, gained 64% in its first day of trading. Twenty-five of the Dow’s thirty components lost ground, … Continue reading

Be the first to comment

Bears roar

In spite of a good jobs report, stocks resumed their retreat, with tech stocks leading the way down. The Dow lost 266 points, the Nasdaq fell by 129, and the S&P 500 Index declined by 39. Twenty-eight of the Dow’s … Continue reading

Be the first to comment

Stocks gain on Fed’s secret meeting

Minutes from the latest Federal Open Market Committee meeting told of a special Federal Reserve meeting held earlier in the month that showed the Fed was concerned about the message it was sending to the markets. Stocks jumped on indications … Continue reading

Be the first to comment

Minibars, big prices

Stocks recovered from an early slump today to close higher for the day, a turnaround from the past few rough sessions. While nerves were rattled by escalating tensions in Ukraine, stocks were helped by reports that showed improving small-business optimism … Continue reading

3 Comments

U.S. workers: All work and no play

Friday’s sell-off continued into this week, as apparent skittishness ahead of earnings season continued to weigh on cyclical and previously high-flying tech stocks. Economic reports have shown that the first two-thirds of the quarter had significant weather-related effects, so one … Continue reading

2 Comments

Nasdaq dives

Technology stocks led a retreat in the major stock indexes, with bellwether giants leading the way: Google (GOOG) fell 4%, Amazon (AMZN) lost 3%, and Facebook (FB) declined by 4%. The Nasdaq suffered its biggest retreat of the year, falling … Continue reading

Be the first to comment

Taking the fun out of funny?

Both the Dow and the S&P 500 Index crossed into record territory before retreating. The Dow lost 0.45 points, the Nasdaq fell by 38, and the S&P 500 Index declined by 2. Seventeen of the Dow’s thirty components gained ground, … Continue reading

Be the first to comment

Monopoly gives up its monopoly on the rules

The major indexes posted moderate gains after economic reports showed increased hiring and a better-than-expected month of factory orders. The Dow gained 40 points, with 19 of its 30 components advancing; the S&P 500 Index rose 5; and the Nasdaq … Continue reading

Be the first to comment