News: Premarket on Thursday brought the release of two dull reports. That chart is boring. And the markets show little reaction to the news. The indexes opened flat and advanced steadily throughout the day. All four close with respectable gains… Our recent purchases are currently showing a profit. We’ve opened season swing positions in… A …
9/29/23 Buy. But Avoid this Sector Like The Plague Read More »
News: Markets opened green on Wednesdays. But after a brief rally, they took a dive. The S&P 500 was down -0.8% at 2 pm. And the outlook was bleak. Then, the tides turned. Markets rallied into the close, and the indexes squeezed out a mostly positive close… The late-day rally happened despite seemingly disastrous economic …
News: After posting a single day of gains and relieving much of the oversold conditions on Monday, markets reversed course hard on Tuesday. Markets gapped down and fell throughout the day. Buyers didn’t show up for the broader market, and the indexes closed deep in the red… Headlines continue to blame rate hike fears. Sector …
News: Markets opened in the red on Monday. After a couple of hours of uncertainty, buyers stepped in and pushed higher prices. In the end, the bulls had it. The indexes closed at their day’s highs and all in positive territory… The buying was primarily driven by a retreat from oversold conditions. Sector Round Up …
News: On Friday, markets tried to rally. By lunchtime, the bulls had made some headway. But the gains didn’t hold. The indexes faded all afternoon and settled at their session lows and slightly red… Sector Round Up Most sectors ended Friday’s session lower. Of the 11, there were 2 sectors that squeezed out small gains. …
News: Markets spent another day in the red on Thursday. The selling has accelerated since the latest Fed decision dropped. The indexes plunged and settled at their session lows… 10-year notes reached their highest levels since 2007 at 4.5% on Thursday. Higher long-term rates are thought to compete with stocks. Sector Round Up All of …
News: On Wednesday, markets opened on a positive note as investors awaited the latest Fed decision. Headlines blamed the selling on the Fed’s latest “Dot Plot.” The indexes settled notably red and at their session lows… Sector Round Up Despite the selling, 4 of the 11 sectors posted gains. At the top… At the bottom… …
News: On Tuesday, markets opened in the red and faded through the morning session. The bottom was in at lunchtime, and then buyers pushed prices higher. The indexes settled in the red but well off their session lows… Notably, crude oil prices are showing signs of peaking… This morning, markets are awaiting The Fed decision, …
News: Markets stalled during Monday’s session. The indexes barely budged… The market’s attention has turned to The Fed as the 7th FOMC meeting of 2023 gets underway today in Washington. Sector Round Up 5 of the 11 sectors posted gains on Monday. At the top… At the bottom… Technicals: This morning, the S&P 500’s year-long …
News: Markets reversed course on Friday, giving up much of their weekly gains. Oil prices are still climbing, plus stress over this week’s Fed decision were likely the biggest factors. The indexes posted significant losses… Sector Round Up All of the 11 sectors ended Friday’s session in the red too. At the top… At the …
