News: Yesterday markets opened deep in the red for a second day. But once again—closed near flat. The Nasdaq ended with a tiny gain of 0.03%. The Dow and S&P 500 closed down 0.5% and 0.3% respectively. The sectors were divided, only 3 of 11 ended in the green. Technology was the leader with a …
News: 9.1% — Prices of everyday items rose 9.1% from last year … The biggest increase since November 1981. When the CPI data dropped, the markets reacted violently … dropping as much as 3% from premarket highs. But buyers showed up and pushed the markets into positive territory midday. Ultimately markets settled slightly lower. The …
News: Markets opened flat and moved sideways yesterday but finally gave way to selling pressure in the final hour. The Nasdaq and S&P 500 finished the day down 0.9% each. Energy was the worst-performing sector. It was dragged down by the price of crude oil which fell 8% intraday to $95.48 a barrel. A notable …
News: Markets fell yesterday. The Nasdaq and Russell 2000 shed more than 2% each. Buyers managed to push the Dow into positive territory for a brief moment but were unable to sustain it. The Dow closed down 0.5%. 9 of 11 sectors ended in the red. The holdouts: Utilities with a gain of 0.6% Real …
News: On Friday the market received some good news … A blowout jobs report. According to the Bureau of Labor Statics, the U.S. added 372,000 jobs during the month of June. Expectations were less than 300,000. After the report came out the market struggled to find direction. The S&P 500 went from red to green …
News: Markets soared yesterday. It was all buying all day. The Dow underperformed with a gain of 1.1%. The Nasdaq and Russell 2000 led, adding more than 2% each. The S&P 500 posted a 4th day of gains, tying its longest win streak of the year. From Getty Images Energy was the leading sector followed …
News: Markets started with little action yesterday. Major indexes were flat before the 2 p.m. release of June’s FOMC minutes. After the droppped, stocks rose modestly with the big three gaining between 0.2% – 0.4% each. The minutes contained no major surprises… The Fed said “an increase of 50 or 75 basis points would likely …
7/7/22 Johnson’s Out, Nuclear’s In, Gamestop Splits Read More »
News: The market went on a ride yesterday. After gapping down about 2% at the open 3 of 4 major indexes closed the day in positive territory. The lone loser was the Dow, which fell 0.4%. Leading the way higher was the Nasdaq. After turning positive mid-day it charged ahead for a gain of 1.7%. …
7/6/22 Risk-On Rockets With Recession Warnings Flashing Read More »
News: Welcome back from the long weekend! On Friday, markets ended a choppy day with a rally. All four indexes closed the day up about 1%. Each of the 11 sectors closed positive too. Utilities was the best performer, followed by Consumer Discretionary … Technology came in last but still green. Photo by Kateryna Babaieva …
7/5/22 Manufacturing Slows, Signals are Mixed, & It’s July Read More »
News: Markets ended their worst first half in 52 years yesterday. The Nasdaq fell 3% in early trading. But buyers showed some resilience pushing stocks up off those early declines. All four major indexes closed down about 1% (+/- 0.25%). Sectors were divided again. Four advanced with Utilities lead the way higher. Seven sectors fell …
7/1/22 Welcome Q3! It Can’t get much Worse … Could it? Read More »
