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Companies featured in this edition of the newsletter: None

This past week saw increased trading volume due to Wednesday’s FOMC decision, but participation is expected to be on the decline going into the last weeks of the year. This decision signaled the intention to raise rates three times in 2017, which was up from market expectations for two rate hikes. The Dow finished the week at 19,843 up 87 points or 0.4% from 19,756, and it is up 13.9% for the year. The Nasdaq finished the week 5,437 down -7 points or -0.1% from 5,444, and it is up 8.6% for the year. The S&P 500 finished the week at 2,258 down -1 point or -0.1% from 2,259, and it is up 10.5% for the year. The Russell 2000 finished the week at 1,363 down -25 points or -1.8% from 1,388, and it is up 20.0% for the year.

The Treasury Budget for November showed a deficit of $137.0 billion versus a deficit of $64.5 billion for November 2015. Import prices decreased 0.3% in November were down 0.1% excluding fuel. Export prices decreased 0.1% in November and were also 0.1%, excluding agriculture. Retail sales increased just 0.1% in November after a downwardly revised 0.6% increase for October. Excluding autos, retail sales were up 0.2%, aided by modest sales increases in most retail categories, including gasoline stations, building materials, garden equipment, and supplies dealers, non-store retailers, and food services and drinking place.

No market movers reported earnings this week.

No Conferences of note will be taking place this week.

A profile, description, or other mention of a company in the newsletter is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. THE READER SHOULD VERIFY ALL CLAIMS AND DO ITS OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. This publication accepts compensation from companies that it features. This newsletter should not be regarded as an independent publication. Our editors may, from time to time, acquire positions in the companies that they cover. This could represent a conflict of interest. The CEOcast newsletter shall be under no obligation to inform readers about its trading activities. CEOcast's editors reserve the right to buy or sell shares in these companies at any time. The following companies, featured in this newsletter, have compensated CEOcast:
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