1 0 Tag Archives: david becker
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Positive Earnings Outlook Pushes Stocks Higher, Volatility Lower

By David Becker (eToro Blog) Wall Street equity prices surged to new highs on Wednesday, testing resistance levels as short covering created a panic to the upside. Solid revenue numbers reported by Alcoa after Tuesday’s closing bell were offset by wo…

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Wall Street Sentiment Remains Strong, Despite Mixed Markets

By David Becker (eToro Blog) Equity markets in the U.S. were mixed after the huge gains seen on Monday, with the Nasdaq leading the major indexes higher. Technology stocks continued their recent tear, along with oil stocks, which increased along with o…

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U.S. Equities Soar as Germany/France Debt Plan Takes Shape

By David Becker (eToro Blog) Equity markets in the U.S. continued their rally in spite of light trading volume as a majority of market participants observed the Columbus Day holiday. U.S. banking institutions were also closed, but that did not negate t…

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Solid Employment Data Fails to Give Wall Street Closing Boost

By David Becker (eToro Blog) Equity markets in the U.S. had consolidated on Friday, following better than expected employment data, which initially pushed prices higher. Late in the session, however, a downgrade of Italian debt by Fitch’s rating agen…

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October 10, 2011
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Equity Markets Rally after Surprise Easing Move from the BoE

By David Becker (eToro Blog) Ahead of the release of U.S. Labor Department non-farms payroll data, equity markets in the U.S. moved higher again, with riskier assets performing well.  Additional liquidity created by the Bank of England catapulted the …

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October 7, 2011
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Wall Street Rally Continues to Gain Steam

By David Becker (eToro Blog) Wall Street continues to experience a rebound as sentiment improves globally on the back of a potential settlement of Greece’s debt. Better than expected economic data, along with a rally in oil prices, pushed equitie…

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Despite a Rollercoaster Session, U.S. Equities Rally

By David Becker (eToro Blog) Equity markets in the U.S. continued to remain under pressure for most of the trading session on Tuesday, as investors’ uncertainty about the direction of global growth and the Greek debt situation held sway. Earlier in t…

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Wall Street Slumps as Quarter Ends with a Thud

By David Becker (eToro Blog) Equity markets in the U.S. continued to remain volatile despite better than expected manufacturing and confidence data.  Material and financial stocks led equities lower on Friday, and there were few bright spots during a …

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Wall Street Dumps Stocks in Late Trading Rout

By David Becker (eToro Blog) Investors’ profit taking pushed equity markets in the U.S. lower on Wednesday, even as volume declined. Volatility continued to remain in a relatively tight range, despite slightly weaker than expected economic data. Oil …

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September 29, 2011
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Global Sentiment Gives a Boost to Wall Street Confidence

By David Becker (eToro Blog) Equity markets in the U.S. rallied, as the bounce from the bottom end of the trading range continued to grow legs. Better than expected home price data also supported the rise, while even consumer confidence numbers that we…

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