21 September 2020
1300 794 893
search
search
Subscribe

Switzer Daily

Catch up on all the content put together by the Switzer Daily team, including our daily news update 5 things you need to know today.

19 June 2009
Inside Markets

Wall Street is a little worried about the official release of the stress tests and this has held back the onward march of this rally, however, investors are not too concerned at the moment. Stocks pulled back Tuesday as the pending results for the government's bank stress test left the market a bit jittery. The […]

19 June 2009
Inside Markets

Wall Street beat off the stress test blues to again finish in positive territory and it was helped by economic figures showing job losses are easing. The Dow rose 101 points or 1.2% to 8,512.28.   The Nasdaq put on 5 points to 1,759.   The S&P 500 went up 15 points or 1.7% to […]

19 June 2009
Inside Markets

Ahead of the release of the stress tests on the top 19 US banks the market went down, but it was not dramatic and considering the stock market there is up around 30%, the mild sell-off has to be some profit-taking. The Dow Jones lost 102 points or 1.2% to 8,409.   The Nasdaq dropped […]

19 June 2009
Inside Markets

Ahead of the release of the stress tests on the top 19 US banks the market went down, but it was not dramatic and considering the stock market there is up around 30%, the mild sell-off has to be some profit-taking. The Dow Jones lost 102 points or 1.2% to 8,409.    The Nasdaq dropped […]

19 June 2009
Inside Markets

Wall Street has overcome the stress tests hurdle and more and more analysts are saying this is looking like the makings of a bull market! Bill McLaren, a hotshot trader who once lived and commented from Byron Bay, told CNBC that he could see some good signs. "Rallies in bull trends have very specific characteristics […]

19 June 2009
Inside Markets

 US investors showed caution in Tuesday's session over ongoing concerns about car manufacturers and the banks. Technology stocks declined, but blue-chips made gains.  The Dow Jones gained 50 points, or 0.6%, to 8469.  The Nasdaq composite lost 15 points, or 0.9%, to 1715.  The S&P 500 index was steady at 908.  Financial stocks were responsible for most of […]

19 June 2009
Inside Markets

 The testing of this big rally has started with poor US retail sales giving the market a reason to sell off. The April 0.4% fall was the second month in a row that retail has fallen. It may be the real test, as these figures should reflect confidence from the big rally, which has topped […]

19 June 2009
Inside Markets

The testing of this big rally has started with poor US retail sales giving the market a reason to sell off. The April 0.4% fall was the second month in a row that retail has fallen. It may be the real test, as these figures should reflect confidence from the big rally, which has topped […]

19 June 2009
Inside Markets

 After two days down for Wall Street, the market bounced back but it wasn’t a big bounce with some economic news slightly disappointing investors. The Dow rose 46 points or 0.5% to 8,331.   The Nasdaq put on 25 points or 1.5% to 1,689.   The S&P 500 added 9 points or 1% to 893. […]

19 June 2009
Inside Markets

 The big rally is now being tested as I suggested a few weeks ago. At the same point I do believe we will not re-test the March lows. In the past investors have over-sold and then over-bought and somewhere in between was fair value until we got more ‘US is recovering’ news. The Dow lost […]

19 June 2009
Inside Markets

A lack of triggers to take the market down has encouraged dip buyers to take Wall Street higher overnight. There are also positive signs that the US housing sector is improving and more belief in US financial stocks is helping the bulls beat the bears. Also India’s ruling party winning its election was another positive […]

19 June 2009
Good News Daily

 Fox Business reported: “The Philadelphia Fed's manufacturing survey surged in June to a -2.2 reading, up sharply from -22.6 in May and well above the -18 reading economists had expected. It was the highest level for the survey since September, showing a big improvement in sentiment among manufacturers.” Also, the Conference Board's leading economic indicators […]

Get the latest financial, business, and political expert commentary delivered to your inbox.

When you sign up, we will never give away or sell or barter or trade your email address.

And you can unsubscribe at any time!
Subscribe
1300 794 893
© 2006-2020 Switzer. All Rights Reserved. Australian Financial Services Licence Number 286531. 
homephoneenvelopedollargraduation-cap linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram