Editorial

                     


April 30, 2012

Equities Sector Coverage: Wall Street Dips Into the Red
Filed under: Economy,ETF,Sector Recap,Stocks,Wall Street — Sector Recap @ 1:03 pm

Personal Income came in at +0.4% in March with Spending up 0.3%. The Chicago PMI came in at 56.2 in April, below expectations, and the lowest reading since November 2009. The Dow Jones Industrial Average traded down to 13,176.01 then rebounded above 13,200 into the final half hour of trading staying below its March 16th high at 13,289.08. The NASDAQ’s traded down to 3043.25 staying below it’s March 27th high at 3134.17. Asian stocks were mixed on Monday. The Nikkei 225 was closed on Monday. The Hang Seng ended their session at 21,094 – up 1.70% on the day. European exchanges were lower on Monday. The FTSE 100 ended their session at 5,738 – down 0.19% on the day. The DAX ended their session at 6,761 – down 0.59% on the day. The CAC 40 ended their session at 3,213 (more)…

Sector News



Market Overview

Symbol Last Change % Change
DJIA15,387.5852.300.34
NASDAQ3,502.125.691530.16
S&P 500 EOD1,669.182.890.17
10yr Trsy19.44-0.26-1.32
Data is delayed 20 mins/EOD

Uncommon Wisdom with Fisher Investments

Fisher Investments
Japanese policymakers largely understand what their Chinese counterparts don’t—encouraging private firms to invest more and as they see fit is the best way to goad sustainable economic growth.

Behind the Frontlines with Mauldin Economics

John Mauldin
They aren't currency wars, they're currency tensions. -- Mohamed El-Erian. Either way, Japan is ruffling a lot of feathers as it exports deflation.

Richard Suttmeier of ValuEngine

Richard Suttmeier
The daily chart for MCP shows declining momentum with the stock above its 21-day and 50-day simple moving averages and below its 200-day simple moving average.