Blog | JRS Investments

May 26, 2011

Stocks fell in morning trading Thursday and bond yields hit a low for the year after disappointing reports about the U.S. jobs market and economic growth. The Labor Department said more people applied for unemployment benefits last week, the first increase in three weeks. The number of people seeking benefits ...

Morning Market Commentary 5/25/11

May 25, 2011

Markets are mixed this morning as new orders for long-lasting durable goods posted their largest decline in six months in April as aircraft and motor vehicle orders tumbled. The U.S. Treasury made a small profit when it sold a portion of its shares in American International Group Inc on Tuesday, ...

Morning Market Commentary 5/24/11

May 24, 2011

Markets up slightly this morning as stronger oil prices led a rebound from the previous session when stocks closed at their lowest in a month. Both U.S. crude and Brent futures rose more than 1.5 percent after Goldman Sachs raised its forecast for oil, citing strong fuel demand growth. U.S.-listed shares ...

Morning Market Commentary 5/23/11

May 23, 2011

World Markets are sliding this morning on the fear of slowed growth and European debt worries. The Euro dropped below $1.40 for the first time in 2 months. Speculation is also mounting that Greece will have to restructure its debt after a Fitch downgrade which sent the debt deeper into ...

Morning Market Commentary 5/16/11

May 16, 2011

Stocks are feeling the pressure of Euro Zone uncertainty this morning opening down slightly. Nasdaq OMX Group Inc and IntercontinentalExchange are withdrawing their bid for rival exchange NYSE Euronext, saying it became clear they would not win approval for the deal from the Department of Justice's antitrust division. The Treasury ...

Morning Market Commentary 5/13/11

May 13, 2011

Markets off slightly this morning as reports confirm consumer prices on food and gas rose as expected in April. Portugal has entered a double-dip recession as Finland Parliament announced this morning that it has approved a bailout. Commodities are climbing back this morning as well on a weaker dollar.

Morning Market Commentary 5/12/11

May 12, 2011

Markets continue to slide this morning as falling commodities prices prompted an unwinding of bets on risky assets, including equities, while a sour outlook from Cisco hurt technology stocks. On a positive note however, retail sales were up .5% making for a 10th straight month of retail gains and the ...

Morning Market Commentary 5/11/11

May 11, 2011

Markets are off about 1.25% across the board this morning. Oil and commodities continue to slide. Oil is down nearly 5% in early trading, firmly under $100. AIG announced this morning a plan to sell at least 300 million shares, 200 million of which are owned by the US Treasury. A ...

Morning Market Commentary 5/10/11

May 10, 2011

Markets are up slightly again this morning as M&A activity continues to be on the forefront. Microsoft (MSFT) announced a deal to Skype for 8.5 billion this morning. Oil has fallen back below $102 in anticipation of higher US inventory when the supply report comes out later today. Google also ...

Morning Market Commentary 5/9/11

May 9, 2011