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The DJIA rose 7 points but Nasdaq surged 232, the S&P 500 was up 43 points and the 10-year treasury yield plunged .13 to 3.40%. This was all on the Fed giving Wall Street what they wanted with only a .25 interest rate hike and more dovish comments. Lodging stocks were higher. MCG led the group with a 12% rise while VCSA ended […]

The DJIA fell 100 points, Nasdaq was down 92, the S&P 500 was down 25 and the reason for the punch bowl being taken away from the recent rally was the 10 year treasury yield spiking .13 today to 4.13%. Lodging stocks were mixed. STR said US RevPAR was up 26.7% year over year for the week ending 10/15. When compared with the similar […]