Confirmation from Germany, France and Greece that the latter would remain in the eurozone come hell or high water relieved markets last night. Dow up 140.
ATW’s Jerry Simmons casts aside doom and gloom predictions elsewhere and states his technical analysis of risk assets still suggests technical support levels remain alive and might well hold.
Wall Street bounced around in a relatively tight range last night as no new news emerged from Europe. Dow up 44.
With US President Obama announcing an infrastructure and jobs plan last week Ahead of the Herd’s Rick Mills suggests investors should have infrastructure on the investment radar screen.
A report suggesting China will buy Italian sovereign debt turned Wall Street around last night. Dow up 68.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
Bernanke somehow disappointed Wall Street ahead of Obama’s speech this morning, sending the Dow down 119.
Wall Street took heart from the positive German court ruling last night. Dow up 275.
An Analysis by Danske Bank shows stockmarket declines impact on economic growth, with both the magnitude and duration of the decline being important.