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July 16, 2024
Virus. We are also getting headlines out of europe which are undermining confidence as well. The stoxx 600 is down by 0. 7 . The s p now down by 0. 4 . Eurodollar actually picking back up again. The 1. 16 level held, and what i am hearing is the real money accounts are back in the market. 1. 17,back now above 1. 1729 where we are right now. We have the ecb watchers event tomorrow, Christine Lagarde speaking in the morning, and then at 10 00 him him 10 00 a. M. Eastern, we will have speaking. E ,...
July 16, 2024
Vonnie we have bowing down to. 5 following those comments from the faas steve dixon. The 10 year yield at 1. 81 , moving around just a little bit. 31 35 on the s p 500, holding onto a small gain despite some stocks lower. That also includes home depot, down 1. 9 . It is up double digits in the past year, but it has had a rough month, and it has lowered its outlook for 2020. It is fighting a number of things, including the resurgence and the fact that the Opioid Crisis has criminals stealing from...
July 16, 2024
Streamers and those in competition with one another. 16. 5 percent taken off the growth of the stock this year. It had been a 400 growth rate. Not a huge amount, but a little bit of trepidation with disney getting in on streaming. Disney down 1. 6 . The market is dragging down with it. It had a great weekend with frozen 2. Disney to be happy about but the stock is lower. Guy in europe, we are at session lows. Stoxx 600 down by about 1. 5 . Every sector in negative territory. We are suffering fro...
July 16, 2024
Definitely keep an eye on what is happening with the german 10 year yield. Stocks back to flat. We are very much waiting for that ecb meeting come thursday. Vonnie and of course, u. S. Yields following european yields. 1. 67 rightis at now, so higher in tandem. A little more risk off for the equities portion. As you can see come the s p 500 down 0. 6 . A couple of stocks i wanted to point to as well. Facebook down 1 in conjunction with the broader market. Facebook, google, and apple all todayt s...