To go around to sate the buyers. So the positives get magnified and the negatives get ignored. That happened again today. The dow dipped 13 points, s p advanced, nasdaq gained. 29 , nice move. First, lets understand, this market is largely driven not by stock pickers but by index funds. That index fund money comes in automatically everyday billions of dollars placed in equities will move equities higher why does this send stocks up so much the for starters, directional. That money tends not to be traded it soaks up supply quite easily. Remember, the stock market is a function of supply and demand. Before the index phenomenon which didnt exist in the 80s and 90s, mutual funds and hedge funds would be selling as well as buying. They still do. But the amount of index money coming in, chiefly for retirement, far outweighs the amounts that are traded. It overwhelms them dont get me wrong, index funds are the right choice for you if youre putting money away for retirement, you shouldnt try t
500 reaching uncharted highs once again. Friday a big day for financials, jpmorgan, wells fargo and blackrock reporting earnings. Blackrock had a solid report beating the street, raising its Quarterly Dividend by 50 . Oil at 70 a barrel for the first time in three years. Analysts pinning the rise on oil spries. Thats bad for drivers. The e. I. A. Announced gasoline prices will be on the rise with the average pump price reaching 2. 63 a gallon. Walmart announced this past week its raising the minimum wage to 11 nationwide. Its also spring every hourly employee with a onetime bonus up to 1,000. Visa announced its raising its 401k match to 10 of base pay. Bitcoin having a digital rollercoaster week. A south korean 0 officious announced his government is going to ban crypto coin currency. But its 1,000 percent increased since january of last year. Apples battery controversy not going away. Apple was asked why it wasnt more transparent about its deliberate slowing of batteries. Thune wants
Average, the nasdaq and s p 500 reaching uncharted highs once again. Friday a big day for financials, jpmorgan, wells fargo and blackrock reporting earnings. Blackrock had a solid report beating the street, raising its Quarterly Dividend by 50 . Oil at 70 a barrel for the first time in three years. Analysts pinning the rise on oil spries. Thats bad for drivers. The e. I. A. Announced gasoline prices will be on the rise with the average pump price reaching 2. 63 a gallon. Walmart announced this past week its raising the minimum wage to 11 nationwide. Its also spring every hourly employee with a onetime bonus up to 1,000. Visa announced its raising its 401k match to 10 of base pay. Bitcoin having a digital rollercoaster week. A south korean 0 officious announced his government is going to ban crypto coin currency. But its 1,000 percent increased since january of last year. Apples battery controversy not going away. Apple was asked why it wasnt more transparent about its deliberate slowin
Average, the nasdaq and s p 500 reaching uncharted highs once again. Friday a big day for financials, jpmorgan, wells fargo and blackrock reporting earnings. Blackrock had a solid report beating the street, raising its Quarterly Dividend by 50 . Oil at 70 a barrel for the first time in three years. Analysts pinning the rise on oil spries. Thats bad for drivers. The e. I. A. Announced gasoline prices will be on the rise with the average pump price reaching 2. 63 a gallon. Walmart announced this past week its raising the minimum wage to 11 nationwide. Its also spring every hourly employee with a onetime bonus up to 1,000. Visa announced its raising its 401k match to 10 of base pay. Bitcoin having a digital rollercoaster week. A south korean 0 officious announced his government is going to ban crypto coin currency. But its 1,000 percent increased since january of last year. Apples battery controversy not going away. Apple was asked why it wasnt more transparent about its deliberate slowin
Average, the nasdaq and s p 500 reaching uncharted highs once again. Friday a big day for financials, jpmorgan, wells fargo and blackrock reporting earnings. Blackrock had a solid report beating the street, raising its Quarterly Dividend by 50 . Oil at 70 a barrel for the first time in three years. Analysts pinning the rise on oil spries. Thats bad for drivers. The e. I. A. Announced gasoline prices will be on the rise with the average pump price reaching 2. 63 a gallon. Walmart announced this past week its raising the minimum wage to 11 nationwide. Its also spring every hourly employee with a onetime bonus up to 1,000. Visa announced its raising its 401k match to 10 of base pay. Bitcoin having a digital rollercoaster week. A south korean 0 officious announced his government is going to ban crypto coin currency. But its 1,000 percent increased since january of last year. Apples battery controversy not going away. Apple was asked why it wasnt more transparent about its deliberate slowin