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Dow dips towards 4 digit scenario

January ends with a distinct sense of slack enthusiasm on Dow Jones and most other markets. While Nasdaq and S&P 500 are taking heavier beatings the DJIA under 10000 triggers a sense of foreboding. You might want to attribute it to recovering gains but looking at the bigger image, recovery on a national and global [...]

Black Friday weekend resut sets the trend

Posted in Forecasting

Dow Live Report: The Black Friday Weekend results are turning into what most have expected: more shoppers but less spending. While some are celebrating the increased total revenues from nearly 200 million shoppers, the lower per capita spending speaks volumes on the current financial climate. Amazon registered an increase of 28 percent compared to the [...]

Dow Jones take a Thanksgiving pause

Dow Jones is on a small slump as Thanksgiving weekends show a reaktion to Dubai. The Dow is on the same level as the S&P 500 and Nasdaq and all three are looking at lower closings of a bit over -1.5%. Oil companies Exxon and Chevron were the main perpetrators in dragging the Dow Jones [...]