Inexorable Slide In Stock Market
The ST Index closed today at 2955.91, down by 25.04 points. Gainers/losers stand at 173/409 while 1.077 billion shares were traded. No surprise for the red ink given that Dow Jones tumbled 358 points...
View ArticleOil Speculators Calling The Shots On Wall Street
I expected bearish sentiments in the stock market for this week because there is simply no good news on the horizon to spark a revival. When I say revival, I mean sustained gains in grounds of over 100...
View ArticleWall Street Forsake Financial Stocks
It was a punitive end to a roller-coaster week. Dow Jones breached 11000 (a first time low in nearly two years) but pulled back to end at 11,100.54, losing 128 points. Standard & Poor’s 500 index...
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