News: For the second Friday in a row, markets surged higher. And each index posted big gains… Dow Jones +2.6% Nasdaq +2.9% S&P 500 +2.5% Russell 2000 +2.2% Sector Round Up All 11 sectors ended the day in positive territory… At the top… Technology (XLK) +4.4% Utilities (XLU) +2.8% Communications (XLC) +2.5% Financials (XLF) +2.5% …
News: Thursday was another mixed bag on Wall Street. Markets, once again, settled off their highs. Big tech is a drag on the market. The indexes ended the day mixed… Dow Jones +0.6% Nasdaq -1.6% S&P 500 -0.6% Russell 2000 +0.1% Advancers to decliners were evenly matched at 47% v 49%, respectively. Sector Round Up …
News: On Wednesday, buyers stepped back and started to assess the recent bull run. The S&P 500 peaked with a gain of 11% from its low on October 13 to yesterday’s high. Markets settled well off their highs as big tech and the communication sector continue to reel. Dow Jones +0.0% Nasdaq -2.0% S&P 500 …
News: Markets were green for a third consecutive day on Tuesday. 82% of stocks advanced, and just 15% declined. And the indexes soared… Dow Jones +1.1% Nasdaq +2.3% S&P 500 +1.6% Russell 2000 +2.7% Note the “risk on” indexes outperformed. Sector Round Up All 11 sectors ended the day higher. At the top… Real Estate …
10/26/22 Bitcoin Boom, Google & Microsoft Plummet Read More »
News: Monday marked another day of solid gains for the markets. Dow Jones +1.3% Nasdaq +0.9% S&P 500 +1.2% Russell 2000 +0.4% But it wasn’t hard to find losers. 52% of all stocks advanced, while 43% declined. There was a lot of weakness in Chinese-related stocks. President Xi’s consolidation of power and double down on …
News: On Friday, the market closed a turbulent week with a decisive win for the bulls. All four major indexes added more than 2% each. Dow Jones +2.5% Nasdaq +2.3% S&P 500 +2.4% Russell 2000 +2.2% Notably, Friday’s green candle was the first positive end to a trading week in six weeks. Why does that …
News: Stocks gained on Thursday morning. Major indexes were up more than 1% in early trading. But the gains turned to losses as the day wore on, and markets ultimately settled lower. Dow Jones -0.3% Nasdaq -0.6% S&P 500 -0.8% Russell 2000 -1.2% Headlines were focused on the resignation of British Prime Minister Liz Truss. …
News: Markets pared their gains on Wednesday, declining modestly across the board. Dow Jones -0.3% Nasdaq -0.9% S&P 500 -0.7% Russell 2000 -1.7% 76% of stocks fell with the broader market. There were few bright spots. Sector Round-Up The sectors ended mixed but favored the bears. Only 2 of 11 sectors posted gains. Energy (XLE) …
News: At the close on Tuesday, markets booked back-to-back gains. Dow Jones +1.1% Nasdaq +0.9% S&P 500 +1.1% Russell 2000 +1.2% The indexes gapped up as much as 2% at the open and slowly gave back some of those gains during the day. As you’ll see in the technicals below, the candle was red, but …
10/19/22 Netflix, Surgery, & What Happened 35 Years Ago Read More »
News: Monday’s trading session is in the books, and it logged some impressive numbers. Dow Jones +1.9% Nasdaq +3.4% S&P 500 +2.6% Russell 2000 +3.2% Once again, the U.K. had a role to play… This time the government scraped cut taxes for individuals. The markets approved of the plan, which could help to curb inflation. …
10/18/22 The Metaverse Isn’t Dead—Says $5 Billion Read More »
