Tech Leads Stocks Down For The Week On ‘Fiscal Cliff Clashing’: U.S. stocks lost momentum to end the trading day with all the major indexes ending the week in negative territory. The Nasdaq Composite Index was the biggest loser of the three major averages today falling by 20 points or 0.70% to 2971.33. Fears about…
Stocks Fall On First Day Of Trading For The Month Of December 2012: The S&P 500 fell 6.72 to 1,409.46 or -0.47 percent as investors digested new headlines about the fiscal cliff. Republicans are giving President Obama no room to raise taxes and the pending reductions in spending may be implemented at the end of…
Is Falling Over The Fiscal Cliff Inevitable? Stocks rose today after President Obama made remarks about the fiscal cliff and a need to get a deal done. Market participants are still skeptical a deal can be reached and equities could continue to trend sideways until the end of the year with some downward pressure if…
2 Days After Obama Election 2012, Stocks Fall By Double Digits Again- Is A Major Correction Coming? Wall Street is still taking the news that president Obama has been reelected badly. After the Dow fell 312 points yesterday, it plummeted another 112 points today to 12,811. The knee- jerk negative reaction to Obama winning again…
President Obama Seeks To Extend The Bush Tax Cuts, Does Romney Need ‘Change’? President Obama is going to cut taxes. We speculated this weekend his approach on taxes would have to differ now that the Supreme Court considered Obamacare a tax. Read the article “Does Continued High Unemployment Make Romney A Shoo-In? Saturday-July 7, 2012:…
