Wall Street Sector Selector

After finishing 2013 with a big flourish, stocks started 2014 with a decline as investors exercised caution in the wake of last year’s big advance   After a wild New Year’s...

Stocks finished 2013 with new record highs, as the S&P 500 closed-out the year with a 30 percent advance.   Stocks finished a bullish year with more record highs, as the S&P 500...

Stocks held close to the breakeven level on Monday, although the Dow picked up 25 points, as 2013 drew toward a close.   Stocks managed to hang on to most of their monthly gains through...

Stock markets are likely to rise today as we inch towards the New Year   The Fortune Teller Speaks: I predict a stock market rise today, as the bulls seem determined to ride out 2013 in green....

Dow Jones Industrial Average and major U.S. indexes post Christmas week gains   The Dow Jones Industrial Average (DIA) gained 1.6% for the Holiday shortened week after closing fractionally lower...

Stocks made a retreat at one hour into Friday’s trading session, after hitting new record intraday highs.   After starting Friday’s trading session with a quick advance to new record...

Stocks continued to reach new record highs on Thursday, as initial unemployment claims dropped significantly.   Stocks had yet another reason to reach new record highs on Thursday, after the...

Stocks continued their routine of reaching new record highs after Monday’s economic reports encouraged investors.   Economic data pushed stock prices higher again on Monday, after...

The Dow Jones Industrial Average and other major U.S. indexes defy gravity and set more records.   The Dow Jones Industrial Average (DIA) gained 0.3% on Friday to set a new record and post a...

Stocks soared higher on quadruple-witching day after the third estimate of third-quarter GDP was revised upward from 3.6 percent to 4.1 percent.   Friday’s third estimate of third-quarter...

Stock markets will likely fade into Christmas on Friday   The Fortune Teller SpeaksUS stock markets will likely fade into Christmas, as investors wind down for the Holidays and fully absorb Fed...

Stocks made a slight retreat on Thursday after two disappointing economic reports.   Although the Dow Jones Industrial Average managed to hit new record intraday and closing highs on Thursday,...

I predict a rise for stock markets after the Fed tapered itself   The Fortune Teller Speaks: I predict that stock markets will go up today based on yesterday’s reaction to the Fed tapering...

Wednesday’s trading session provided us with a perfect example of the maxim that the stock market loves certainty and abhors uncertainty.   More than a few people were surprised to see the...

The major stock indices dipped on Tuesday, as investors avoided betting on whether the Fed would – or would not – taper its bond purchases. Tuesday’s trading session demonstrated...

I predict a stock market rise after yesterday’s Fed induced stock market bonanza   The Fortune Teller Speaks: Stocks will likely rise today on the tails of yesterday’s rise; investors...