News: The bulls opened the market on Tuesday … But the bears closed it. 76% of all stocks ended lower. The selloff was relatively uniform across the indexes… Dow Jones -1.0% Nasdaq -1.1% S&P 500 -1.1% Russell 2000 -1.5% Fear of the Fed and seasonal weakness drove the selling. Sector Round-Up All 11 sectors closed …
8/31/22 The Sweet Spot Ahead … Your September Outlook Read More »
News: Yesterday markets slowed the bleeding and even turned positive for a brief moment. But in the end, the bears claimed victory … 68% of all stocks lost ground. Of the major indexes… The Dow fell the least with a 0.6% decline. The Nasdaq was the worst performing index dropping 1.0%. Sector Round-Up 2 of …
News: On Friday, markets opened on a positive note and traded near flat. Then Fed Chair Powell opened his mouth. He gave a short 10-minute speech … And the markets sold off for the rest of the day. The Dow lost 1,000 points or 3.0%—it was the smallest loser. The Nasdaq dropped the most, losing …
News: The first release of Initial Unemployment filings fell below 250,000 for the first time in a month. The report put wind in the market’s sails. And the bulls dominated. 74% of stocks posted gains … only 22% declined on Thursday. The indexes surged higher… Dow Jones +1.0% Nasdaq +1.7% S&P 500 +1.4% Russell 2000 …
News: Wednesday belonged to the bulls. 62% of stocks posted gains. All four indexes closed green. And the Dow and S&P 500 snapped 3-day losing streaks… Take note of the biggest gainer… Dow Jones +0.2% Nasdaq +0.4% S&P 500 +0.3% Russell 2000 +0.8% ← Sector Roundup All 11 sectors ended the day green. Energy (XLE) …
News: The market lacked conviction on Tuesday. 50% of stock advanced while 45% declined. The indexes ended within 0.5% of where they started. Dow Jones -0.5% Nasdaq -0.0% S&P 500 -0.2% Russell 2000 +0.2% Sector Roundup 4 of 11 sectors ended the day green. Energy (XLE) continues to be the most volatile sector gaining +3.6% …
News: Yesterday, there wasn’t a buyer to be found. Markets fell throughout the day and closed near their lows. Each major index declined 2% or more. Headlines blamed Powell’s upcoming speech at the annual Jackson Hole Economic Symposium on Friday. Ultimately a reason is hard to find. But we noticed that the Friday’s and Monday’s …
News: On Friday, the markets snapped a four-week win streak. The S&P 500 fell 1.3%, putting it down 1.2% for the week. Dow Jones -0.9% (-0.2% week) Nasdaq -2.0% (-2.6% week) Russell 2000 -2.2% (-3.0% week) Under the surface, it was tough to find a bright spot. 82% of all listed stocks fell while just …
News: Thursday was green across the board on Wall Street. The major three indexes posted modest gains between 0.1 – 0.2% each. Small caps outperformed, pushing the Russell 2000 higher with a gain of 0.7%. Looking for a catalyst? Here’s what we know… Markets have absorbed the recent announcement from the Fed. Earnings season is …
News: The market spent Wednesday trading in the red. All eyes were focused on the 2 p.m. release of the FOMC minutes from July. Markets showed little reaction to the release… Nearly 80% of stocks ended the day lower. The Nasdaq and Russell 2000 fell more than 1% each. The Dow and S&P 500 lost …
