News: Markets erased the week’s early losses yesterday and closed the day at their highs. The Nasdaq outperformed, logging a gain of 2.6%. The other three major indexes posted solid gains near 1.5% each. Three sectors led, gaining more than 2% each. Consumer Discretionary (XLY) Technology (XLK) Communications (XLC) Energy Tumbles The lone red sector …
News: Markets ended a choppy Tuesday somewhat lower. All four indexes fell and not a single sector ended the day in the green …. But that’s where the bear’s strength ends. Declining stocks outnumbered advancing stocks but not by much. Despite the weakness in the indexes 39% of stocks managed to close the day higher. …
News: Markets kicked off August by retreating from overbought conditions. All four indexes ended the day in the red, none lost more than 0.5%. Your top performing sector was Consumer Staples (XLP) which jumped 1.25%. Photo by George Becker from Pexels This move was led by Colgate-Palmolive (CL), which rose 3% after reporting better-than-expected earnings …
News: July is officially in the record books. And investors have reason to celebrate… Photo by Rakicevic Nenad from Pexels Stocks ended on a positive note, with gains ranging from 0.7% for the Russell 2000 to 1.9% for the Nasdaq. It was the best monthly performance since 2020. It was the best July for stocks …
