News: Markets continued their sideways trend on Wednesday. New data revealed that Q3 GDP gained more than initially estimated. The advance estimate put annualized growth at 4.9%. Yesterday’s release raised it to 5.2% Markets showed little reaction to the news. The indexes opened green and faded into the close… Sector Round Up The sectors failed …
News: Markets continued to move sideways on Tuesday. The indexes closed mixed but tilted green… Life of a Legend In other news, legendary investor Charlie Munger died on Tuesday at the age of 99. Munger, born in Omaha, worked in Warren Buffett’s grandfather’s grocery store as a teenager. He and Buffett became best friends and …
News: Stocks were mostly higher after Friday’s short session. The indexes closed mixed and near flat… Sector Round Up The sectors failed to produce gains (or losses) of more than 1% for a third day in a row. 9 of the 11 sectors closed higher. At the top… The losers… Technicals: The S&P 500 is …
News: On Wednesday markets posted another day of gains ahead of the Thanksgiving Holiday. The indexes closed higher across the board… Today the opening bell rings at its usual time of 9:30 AM Eastern. The closing bell will go off early at 1 PM. Sector Round Up The sectors failed to produce gains (or losses) …
News: Markets slide lower on Tuesday, retreating from overbought conditions The indexes posted modest losses… The FOMC minutes 2 PM drop and didn’t have any effect on the market. Sector Round Up The sectors barely budged. None move moved more than 1%—4 of the 11 sectors closed higher. At the top… At the bottom… In …
News: Markets opened the week to more buying, further pushing into overbought territory. The indexes posted another round of impressive gains on Monday… Sector Round Up 9 of the 11 sectors closed higher. At the top… At the bottom… Artificial Intelligence Real World Shake-Up Tech Giant Microsoft (MSFT) posted a new all-time high close on …
News: Markets ended last week on a positive note. The major indexes closed higher, but not by much… There was no major news to digest, and the market had nothing new to price in. Sector Round Up 6 of the 11 sectors posted gains on Friday. At the top… At the bottom… Technicals: The S&P …
News: During Thursday’s session, markets moved generally sideways for a second day. Fuel prices are falling, and some lousy earnings had a cooling effect. The major indexes closed mixed… Several large caps stocks took a beating after disappointing earnings reports. That includes… Sector Round Up 7 of the 11 sectors posted gains on Thursday. The …
News: Markets posted another day of gains on Wednesday as PPI revealed falling prices for producers. Initially, the markets popped. But buyers gave way to selling pressure. The Nasdaq and S&P 500 trended lower through Wednesday’s session but still closed with gains. Gains were modest for all major indexes… Sector Round Up 9 of the …
News: Markets soared on Tuesday after the latest CPI report revealed headline inflation has returned to a “normal” zone. Check out the 20-year chart… For reference, last month’s increase was +3.7%. The major indexes ended the session sharply higher… Our seasonal swing position in the ETF Small Cap Bull 3X Shares (TNA) returned 16.5% yesterday. …