Volatility Rises, Euro Falls As Investors Await Serious Resolutions From June 2012 EU Summit U.S. equities fell today as investors waited to hear news from the June 2012 EU Summit being held this week. Volatility rose over 15 percent in early trading today as market participants turned negative on the EU Summit as no good…
Financials Hold Support Levels, Shrug Off Fitch Spanish Bank Downgrades: The stock market rebounded today one full trading day after U.S. equities rose to new highs and fell below the prior day on news of a Spain bank bailout. The rally today didn’t bring stocks back above Monday morning levels but the leaders we have…
President Obama Implores Europe To Act, Investors Expect Positive Headlines From Spain This Weekend (June 9-10, 2012): For the first time in several months, President Obama took a decisive, firm stand on Europe and may have helped markets rise today. While the term “Obama Rally” is rarely used on Wall Street, today it seemed plausible…
U.S. Stocks Trade Higher On Speculation Of Increased Liquidity, G7 Emergency Call June 6, 2012: U.S. stocks rose in tandem with a strong close in Europe as speculation rises that global liquidity will be added to the world’s financial system. An emergency conference call between G7 nations was made today and short-term forecasts for everything…
75 Percent Of U.S. Companies in S&P 500 Have Beaten First Quarter 2012 Earnings: Earnings, economy make a comeback. Europe is back in the news with issues related to its ongoing debt crisis which may be causing some U.S. companies to get overlooked in a strong earnings environment. A rough calculation of the companies that…
