Will be in control on wall street o the next few months. Its that time of year again when we dust off the barbecue grills and get the beach chairs out. And for many traders and investors, means another look at the old market saying sell in may and go away. Anecdotally some in the market believe the summer months produce rockier swings for stocks. This strategy has produced mixed results at best over the years. According to Market Analytics firm over the last decade the s p 500 has actually posted a nearly 1 gain between memorial day and labor day. Its been positive 60 of the time. But over the last 20 years performance has been just about flat and its positive 55 of the time. This year some experts think thers to stay invested in the stock market. Remember we had an unusually cold winter across the east coast and several factors which temporarily depressed Economic Growth in the first three months of the year. As we head into the summer months were actually expecting Economic Growth to
Will be in control on wall street o the next few months. Its that time of year again when we dust off the barbecue grills and get the beach chairs out. And for many traders and investors, means another look at the old market saying sell in may and go away. Anecdotally some in the market believe the summer months produce rockier swings for stocks. This strategy has produced mixed results at best over the years. According to Market Analytics firm over the last decade the s p 500 has actually posted a nearly 1 gain between memorial day and labor day. Its been positive 60 of the time. But over the last 20 years performance has been just about flat and its positive 55 of the time. This year some experts think thers to stay invested in the stock market. Remember we had an unusually cold winter across the east coast and several factors which temporarily depressed Economic Growth in the first three months of the year. As we head into the summer months were actually expecting Economic Growth to
Will be in control on wall street o the next few months. Its that time of year again when we dust off the barbecue grills and get the beach chairs out. And for many traders and investors, means another look at the old market saying sell in may and go away. Anecdotally some in the market believe the summer months produce rockier swings for stocks. This strategy has produced mixed results at best over the years. According to Market Analytics firm over the last decade the s p 500 has actually posted a nearly 1 gain between memorial day and labor day. Its been positive 60 of the time. But over the last 20 years performance has been just about flat and its positive 55 of the time. This year some experts think thers to stay invested in the stock market. Remember we had an unusually cold winter across the east coast and several factors which temporarily depressed Economic Growth in the first three months of the year. As we head into the summer months were actually expecting Economic Growth to
What would that do to investor euphoria . Well talk about that, coming up in a moment. Theres another entrance into the fast food space today. Bojangles. Take a look at that huge first day move soaring on this first day of trading. Up. Weve seen that menu before. Ha, ha, ha. Were here for two hours, folks. Uber may be looking to ditch google maps and, get this pay 3 billion with a b dollars for another service. What are they going to get for 3 billion . People gave it to them, apparently. All these crazy ams of money another story we talk about all the time. In the markets, the Dow Jones Industrial average close to the highs of the session, higher by 271 points a gain of 1. 5 . S p is also higher by more than 1 . So is the nasdaq. Nasdaq is up 53, almost 54 points. Were still talking about whether or not it could regain this 5,000 level. Its recovering at 4,999. Gosh. Good chunk of the session. All right. Lets get to our Closing Bell Exchange today. A lot to get to with our guests. We
October was National Pizza Month and the “Win Pizza For a Year” contest in the Wheeling Newspapers was sponsored by the local Dominos. Pictured are Elm Grove Assistant Manager Brandi Posey, left, and winner Nikki Palmer of Wheeling. (Staff Photo)