Home sales: Can housing shake off the slow-motion foreclosure disaster as mortgage rates dip to record lows? As a leading indicator, pending home sales (Monday 10 a.m.) will help set the tone for the next four to six weeks. Jobs numbers: A number of reports come out Friday pre-market (8:30 a.m.) in one government release, […]
Tag Archives | investments
Five Stock Market Changers to Watch This Week
Five Stock Market Changers to Watch This Week Economic growth: Final gross domestic product (GDP) for the second quarter will be announced Thursday (8:30 a.m.). Preliminary results in August took growth from an expected 2.4 percent down to 1.6 percent. In the wake of hard-to-parse Fed pronouncements on the economy, investors will be extra sensitive […]
AAM Weekly Market Wrap Sept 25 2010
Weekly Market Wrap: Markets rallied on Friday driving the indexes up once again. For the week the S&P 500 gained about 2% closing at 1,149. Gold and Oil were both higher as well. Gold finished up 1.7% to $1,296 per oz. and Oil ended the week 4% higher to $76.49. The dollar was 2.6% lower […]
AAM Weekly Review September 11 2010
Weekly Market Wrap: Markets were pretty flat this holiday shortened week with the S&P finishing at 1,110 up about ½%. Gold was flat at $1,246 per oz, Oil was up 3% at $76.52 per barrel and the dollar was up almost 1% against other major world currencies at $82.73. The S&P 500 is now down […]
AAM Weekly Wrap Sept 4 2010
September 4, 2010 Weekly Market Wrap: The stock market rallied this week as better than expected numbers for job growth and manufacturing growth pushed the index higher. The S&P 500 was up a solid 3.8% to 1,104. Gold was also higher finishing at $1,247 per oz. up almost 1%. Oil and The Dollar were lower […]
Five Stock Market Changers for the Week
Spending, incomes: Two important measures of the “pocketbook” economy come out this week. Personal incomes and personal consumption spending are due Monday (8:30 a.m.) and the non-farm payrolls (aka, “unemployment”) report on Friday (8:30 a.m.). Unlike the recent GDP revision, these figures more closely relate to the economy right now, that is, how much Americans […]
AAM Weekly Market Wrap July 31, 2010
July 31, 2010 Weekly Market Wrap: A flat week in the markets finished off the best month in over a year. The S&P fell slightly to finish the week at 1,102. The Dollar, Gold and Oil were mostly flat on the week as well. The Dollar finished at $81.62, down about 1% against other major […]
