If September is the cruelest month for equities, it will have a way to go to beat August.
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With two weeks to go until the unofficial end of summer, volume remains light as the beach trumps the trading floor.
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Despite a weaker than expected job report and mixed messages from the Federal Reserve, the S&P 500 Index, the Dow Jones Industrial and Transportation Averages continued to make new highs last week. [Read more…]

Better than expected earnings propelled the Dow Jones Industrial Average and the S&P 500 index to new all-time highs last week and will dominate the headlines this week. [Read more…]

After a tepid June, July produced fireworks for stocks and set up what could be a strong second half of 2013. [Read more…]

After seven consecutive monthly gains for the S&P 500 index, a string of six back-to-back monthly gains for the Dow, and a stunning string of 20 consecutive Tuesday rallies in the blue chips, markets were overdue for a pause, if not a pullback.  However, the calls for a correction or total collapse back to the lows of 2009 appear to be a bit premature.  [Read more…]

Despite all the doubts about the strength in the economy, the Dow Jones Industrial Average and the S&P 500 index posted new all-time highs last week, supported by private sector job creation and a much improved labor market picture.  [Read more…]

After reaching new all-time highs, the Dow Jones Industrial Average and the S&P 500 joined the NASDAQ in suffering the worst trading week of the year. [Read more…]

After a string of ten winning sessions, including eight consecutive new all-time high closes, the Dow Jones Industrial Average fell on Friday, bringing an end to its longest winning streak since 1996. [Read more…]