Wall Street

Wall Street refers to the financial district in New York. It is a generalized reference to a physical area made up of companies operating in a number of businesses related to financial services. The industry is a large employer in New York City and a major tourist destination.


The NASDAQ opened flat on Tuesday July 14th amid disappointing data in retail sales. Abroad, investors remain uneasy about talks surrounding Greece’s bailout package. European shares turned lower on Tuesday after a four-day rally due to uncertainty over whether the…

Wall Street rose on Monday, July 13th, as Greece and its creditors strike a deal to move forward with a third bailout loan to avert their financial crisis. European stocks climbed on Monday after eurozone leaders announced a deal to…

Wall Street opened higher on Thursday, July 9th as Chinese stocks finally rebounded, while focus remained on efforts to prevent the collapse of Greece. China’s Shanghai Composite stock index climbed almost six percent after the Chinese government announced some regulatory…

Going back to the lackluster corporate earnings from early reporters that I talked about in my last article, today, I’m taking a closer look at NIKE, Inc. (NKE), which appears to be outperforming the market so far in 2015. Current…

Similar to the trading action in the first half of last year, the stock market seemingly continues with its identity crisis. While it’s perfectly reasonable for stocks to sell off on any inkling of a change in monetary policy, what’s…

Railroad stocks are always good barometers on overall business conditions and the economy. Keeping up with railroads is equally as useful as following the Dow Jones Transportation Average for stock market direction. And for the most part, the major railroad…

It really is a great time to be in the railroad business. Cash flow is abundant and these stocks are poised for more capital gains. While coal shipments have been a weak spot for railroad companies, virtually all other major…

Lots of corporate earnings are still streaming in for the third quarter, though mostly among smaller-cap companies. Top-line growth certainly isn’t robust, but it’s not bad either. The surprise I’ve noticed in third-quarter reporting has been the profitability. There has…

It’s finally over… The quantitative easing programs initially started by the Federal Reserve six years ago are (for now) history. In its statement on October 29, the Federal Reserve said, “Accordingly, the Committee decided to conclude its asset purchase program…

With the winter months just around the corner, Douglas Dynamics, Inc. (PLOW) is looking forward to as much snow falling as possible. Based in Milwaukee, Douglas Dynamics is one of the many small- and micro-cap companies reporting very good earnings…

It looks like large-cap technology stocks, especially those related to online businesses, are experiencing a slowing down of what’s traditionally been some very solid growth. Amazon.com, Inc. (AMZN), Netflix, Inc. (NFLX), LinkedIn Corporation (LNKD), and Groupon, Inc. (GRPN) have all…

Corporate earnings are flooding in, and while there are always disappointments—typically in not meeting Wall Street expectations—the numbers are pretty good. The stock market was relieved when conglomerates started reporting. 3M Company (MMM) saw its share price pop almost five…

Amid all the turmoil in capital markets, I’m reminded of all the good corporate earnings being released. Of course, the stock market is a system of discounting future business conditions and the recent sell-off has been pronounced, but stocks have…

While corporate earnings continue to come in solid, stocks continue to be sold. It’s not all the time that stocks follow oil prices, but they certainly have this time around and the selling momentum has gained on deflationary pressures from…

The financial media and analysts are talking endlessly about the state and fragility of the stock market and whether a bottom may be near. I discussed the vulnerability to the downside in my last article. If you missed it, you…