Busy Week for Housing, Earnings

Last Week saw equities hit 12-month highs across the globe, including in Australia, Hong Kong, India, Russia, Europe, England, Brazil and of course the US. The Dow hit the 10,000 mark mid-week but closed under that psychological threshold on Friday. The S&P 500 gained 1.5% overall, pushing the gains since early March to an astonishing 59.4%.rnrnMeantime, WTI crude oil has jumped 120% from its February low of $34 per barrel. A 2009 peak was hit last week as it rose 9.4% $78.53. Never mind 2009 highs, Spot Gold hit an all-time high at $1,070.40 per ounce last Wednesday, though on

Investor Package–Residential

Mid-Day Recap: Stocks Off the Lows of the Day

Equities opened lower this morning following disappointing earnings results from Bank of America, and losses were extended 25 minutes into the session when it was reported that consumer sentiment took a dip in the first two weeks of October, suggesting retail sales in the holiday period could be weaker than forecasts assumed.rnrnAfter being down more than 1.00% in the lunch hour, stocks are making a small comeback from the lows of the day. As of 2:00pm, the S&P 500 is down 0.82% to 1,087, the NASDAQ is down 0.65% to 2,159, and the Dow is trading 0.69% lower at 9,993.