Trusted Sources

The best content, commentary and analysis selected from the web on a wide range of financial topics.
An invaluable tool for capturing themes, tracking strategies and developing tactics.



Now, If Only Gas Prices Could Start Dropping

May 21st, 2013
in
Lately, it is not only the stock market that goes up, up, and up.  After an 8% decline from its February highs, the price of gasoline has started climbing once again.  From its most recent low in late April, the national average price of a gallon of gas has risen by 4.4% and has now gone 17 straight days without a decline.  While this may sound like a long streak, back in January and February, prices at the pump went 36 straight days without a decline, so the current run is hardly unprecedented.  That being said, consumers could use a couple of days of relief at the pump.

DJIA Up 19 Tuesdays in a Row

May 21st, 2013
in
The DJIA has been up 19 Tuesdays in a row. Need some trivia? Records for consecutive positive days of the week (since 1930). Monday 13 (2/1/10) Tuesday 19 (5/21/13) Wednesday 13 (9/3/86, 4/26/06) Thursday 12 (2/4/82, 6/19/08) Friday 13 (7/22/55)

Mexican Stock Market Struggles

May 21st, 2013
in
While it may seem like stocks are going up everywhere, one country where they have not been recently is Mexico.  Due to weak growth concerns, Mexico's benchmark IPC stock index has been falling hard this week, and it closed at a new six-month low today.  After rallying along with the US at the end of 2012, the index turned on a dime in mid-January and is now down 12% from its high.

Date authored

Primary tags

Secondary tags