Morning Call Market Analysis - 5/9/2008
Strength in energy and basic materials shares, fueled by higher oil prices, drove stock prices higher yesterday, despite a fall-off in financial sector issues, generated by expectations of a significant quarterly loss at American International Group (AIG: NYSE). DJIA and S&P 500 shares dropped 0.4%, and Nasdaq shares fell 0. [More]

Morning Call Market Analysis - 5/8/2008
With little to laugh about and volume light, equity prices slid throughout yesterday's trading, erasing Tuesday's gains. DJIA shares marked a 200+ point drop, or a 1.6% decline, its greatest since April 11, led by financial companies, with American International Group (NYSE:AIG), off 6.9%, Citigroup (NYSE:C), off 5.4%, American Express (NYSE:AXP), off 4.4%, JP Morgan Chase (NYSE:JPM) off 3.4%, and Bank of America (NYSE:BAC) off 3.2%. [More]

Morning Call Market Analysis - 5/7/2008
After skidding early morning yesterday, equities moved higher mid-day on favorable interpretations of a Fannie Mae (NYSE:FNM) conference call, and bets that the Yahoo (NASDAQ:YHOO)/Microsoft (NASDAQ:MSFT) deal might be resurrected. Cutting its year-to-date decline to 1.8%, DJIA shares edged 0.4% higher. [More]

Morning Call Market Analysis - 5/6/2008
Growing optimism regarding the US economy was offset yesterday by rocketing oil and commodity prices and attendant inflation fears as well as reports of the collapse and potential collapse of two major deals. Markets also reacted to a Fed survey of still-tight credit conditions, widespread financial institution job cuts, and comments of continuing problems from the housing market meltdown. [More]

Morning Call Market Analysis - 5/5/2008
Let's face it: market round tables have been replete with pundits airing their dismal projections of a protracted economic downturn with consumers unwilling to spend, houses unable to be sold, and financial institutions incapable of getting a handle on their balance sheet valuations. Well, scratch one up for the optimists. [More]