Wall Street Stocks Trying To Make Gains

December 1st, 2011 Stock Charts

Wall Street seems to have tried to replicate as closely as possible the direction of European markets. An initial increase of nearly 0.8% in the morning, the indices were down in mid-session before recovering to 0.6% … then sell off much of their gains at the very end of the session.

However, the sentiment is ‘generally positive’ evidence for ‘historic’ but on balance it would be more accurate to speak of balanced scorecard.

The Nasdaq is distinguished by a decrease of -0.47% which is only partially offset by the increase of 0.22% of ‘S & P and 0.28% of the Dow Jones (which failed on the wire to remain positive in 2011, while the Nasdaq-100 switches back into the red by finishing in the 2.218Pts or -0.45 % for the year 2011).

The buyers had taken up the trend toward 16H through ‘divine surprise’: in this case, a whopping 15 Pts of consumer confidence as measured by the Conference Borad (which flies out of the barometer 40.9 to 56, is the biggest difference of this nature since 2003!).

Or improvement of the labor market, the real estate sector (0.6% further decline in home prices in September) or income in the U.S. explain this for the least unexpected of consumer sentiment: it is linked to lower fuel prices … an argument that can be left wondering, unless the U.S. have more than one concern in mind as their monthly income is difficult.

A few hours later fell on the result of another survey that sheds light quite different on the U.S. economy, if not diametrically opposed: the confidence index of entrepreneurs US drop to 59.5 45 in Q3 2011 (almost 15pts, strange coincidence), that is a point below that measured in Europe (which amounts to 46).

It remains unclear why households and business leaders show ‘feelings’ as divergent methodological issue or phenomenon of illusion (delusion or collective)?

To make matters worse, Wall Street had the shock of turning on the protection of the law ‘Chapter 11′ bankruptcy of American Airlines.

The title of -83.5% collapsed after several suspensions of quotations: a heavy restructuring announced for this company and thousands of jobs will likely be removed, reducing the cost of structure requires … until the creditors and suppliers will have to wait before being paid, the shareholders themselves are rinsed.

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Media are taking Occupy Wall Street seriously

October 7th, 2011 Stock Charts

The media are taking the protest movement “Occupy Wall Street” more and more seriously, reports the New York Times. The extent and continuity of events warrant coverage. The movement is replicated in other major cities under the name of “Occupy Together.” Membership of trade unions of municipal employees and Transport join the ranks of demonstrators to bring original and, therefore, their expertise in media relations. The movement acquires greater legitimacy.

In addition, the students – via the movement “Occupy College” – planned nearly 75 events. Some celebrities like actress Susan Sarandon, director Michael Moore and singer Lupe Fiasco have expressed solidarity with the movement.

However, it is the increasing involvement of American intellectuals met and known who could really influence the perception of movement, initially considered to be ephemeral protest of youth affected by the consequences of the economic crisis.

A professor at Princeton University, Cornel West, supported the movement from the outset, praising a protest against “the greed of Wall Street oligarchs and plutocrats off that numb our democracy.” However, Cornel West has a reputation as an activist, which is not the case with economist at Columbia University, Joseph Stiglitz, winner of a Nobel Prize in 2001, which addressed a speech become viral Sunday 2 October the demonstrators: “You have the right to outrage. The fact is that the system is not working well. It’s not fair to have so many unemployed people as we have so many needs to fill labor. It is not just to throw people from their homes as we have a lot of homeless people.

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Investors react cautiously to the announcements of the European Central Bank

October 7th, 2011 Stock Charts

Wall Street opened lower Thursday as investors reacted cautiously to the announcements of the European Central Bank, which decided Thursday to keep interest rates unchanged.

Twenty minutes after opening, the Dow Jones fell by 0.45% (49 points) at 10,892 points. The Standard & Poor’s, largest, yielded 0.5% (5.7 points) to 1138 points while the Nasdaq composite lost 0.35% (9 points) to 2450 points.

The weekly jobless claims rose less than expected in the U.S. last week to 401,000 against 395,000 (revised) the previous week and 410,000 expected. This statistic fueling optimism about the monthly figures of job creation in the private sector, due Friday.

The index contracts were sharply higher two hours before the opening, driven by optimism about the determination of Europeans to recapitalize the banks of the most fragile continent, after a call from the European Commission in this regard. But the future of the S & P 500 have turned down after the ECB decision to keep interest rates unchanged at 1.5% while resuming its financing operations to a year.

“The economic outlook remains subject to a particularly high uncertainty and downside risks of intensified,” said ECB president Jean-Claude Trichet during his last press conference.

Values​​, Apple lost 0.9% to open after the death of Steve Jobs, the iconic co-founder and head after a long battle against cancer.

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