A Fruitful Thanksgiving

Published by Filipe R. Costa on Mon, 26/11/2012 - 10:32
Thanksgiving

Daily Market Commentary for November 26: What a week it was! After several days of losses with the Dow taking a dive into the 12,500 level, recovery has already started and the the blue chip index has returned to near 13,000. The small break for Thanksgiving was very fruitful!

Greece Again

Published by Filipe R. Costa on Tue, 13/11/2012 - 13:12
Greece

Daily Market Commentary for November 13: Investors are concerned with Greece as many issues remain unsolved and the troika is delaying funds to the country. Equities started negative in Europe and are pointing to a lower opening in the U.S.

The Sell Off Continues

Published by Filipe R. Costa on Fri, 09/11/2012 - 10:35
bull bear fight

Daily Market Commentary for November 9: The sell off in equities continues as investors weight their concerns about the US fiscal cliff. Gold was up.

Equities Fell Of A Cliff

Published by Filipe R. Costa on Thu, 08/11/2012 - 10:07
fiscal cliff

Daily Market Commentary for November 8: While the first reaction to Obama’s victory was positive, equities were trashed during yesterday’s session as the fiscal cliff is now the concern of the moment. If negotiations are to be similar to what happened with the debt ceiling, then we may assist to a very tough end of year.

Obama Wins Election

Published by Filipe R. Costa on Wed, 07/11/2012 - 15:16
obama wins

Daily Market Commentary for November 7: Barack Obama was re-elected overnight and will be the U.S. President for the next four years. At first Romney was leading the race but then everything turned in Obama’s direction.

Investors preparing For Election

Published by Filipe R. Costa on Tue, 06/11/2012 - 13:14
us election

Daily Market Commentary for November 6: The main equity indices ended higher Monday, recovering from part of the losses accumulated last Friday. Payrolls showed a big improvement but the uncertainty about the U.S. election is still the main driver at this point. We’ll have to wait for tomorrow before seeing any stock moves.

Payrolls Hit Gold

Published by Filipe R. Costa on Mon, 05/11/2012 - 10:09
gold bubble

Daily Market Commentary for November 5: Non-farm payrolls numbers released last Friday showed a better-than-expected improvement in the U.S. job market but the mood is negative among investors and equities ended lower. Gold was hit again and is currently submerging to $1,675.

Strong US Data Puts Pressure on Gold

Published by Filipe R. Costa on Fri, 02/11/2012 - 11:13
gold falling

Daily Market Commentary for November 2: US economic data continues to impress investors and was the reason behind yesterday’s rise. The FTSE ended 1.37% higher and the S&P rose 1.09%. Gold continues under heavy pressure and after hitting $1,725 has been brought down to the current $1,708 level it trades.

After The Storm Is Business As Usual

Published by Filipe R. Costa on Wed, 31/10/2012 - 09:48
storm umbrella

Daily Market Commentary for October 31: It seems the hurricane Sandy is now far away from the stock exchanges and no longer a harmful storm. Behind it the wreckage has still to be removed and the billions of dollars in damage continue to rise. The damage was huge but equities won’t really be affected.

Hurricane Sandy To Hit New York

Published by Filipe R. Costa on Mon, 29/10/2012 - 10:07
storm eye

Daily Market Commentary for October 29: Investors continue concerned about future prospects. Not even a better than expected GDP report could save the market. The S&P 500 declined 0.07%, accumulating a 1.48% loss last week.

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