News: Friday’s session was remarkably bullish. All the major indexes surged higher as short sellers got crushed… Sector Round Up Risk-on stocks led as 9 of 11 sectors ended Friday’s session in the green The top three… The losers… Technicals: The Na...
News: The advance estimate for Q2 GDP came in hotter than expected. America’s economy grew at an annualized rate of +2.4%. The average forecast was +2.0%. The chances of a recession just got slimmer. And initially, the market rallied, the S&P 50...
News: Officials at the Federal Reserve hiked “the federal funds rate to 5-1/4 to 5-1/2 percent” on Wednesday. That’s a ¼ percent increase. And markets took the news in stride. The move was widely expected, so investors had already priced in this hike...
News: On the surface, markets looked upbeat as the FOMC meeting convened in Washington. At the end of Tuesday’s session, all of the major indexes were green… A look beneath the surface told a different story. About 48% of stock advanced, while 48% d...
News: Markets kicked off the final week of July trading with buying. All of the major indexes posted gains on Monday… For the Dow Jones, it was its 12th consecutive win. Sector Round Up 9 of the 11 sectors ended Monday’s session in positive territory...
News: On Friday, markets struggled to find a direction. 2 of the 4 major indexes closed green… The Dow Jones logged its 10th consecutive win … Extending its longest winning streak since 2017. Sector Round Up 7 of the 11 sectors ended Friday’s session...
News: On Thursday, markets retreated from overbought conditions as buyers generally yielded to sellers. But not everything went down. Only 3 of the 4 major indexes closed red… The Dow Jones logged its 9th consecutive win … that’s its longest streak s...
News: Buyers refused to back down during Wednesday’s session. All the indexes closed in the green (again!)… ’Image from John Hancock Investments The day’s gains were made pre-market. None of the intraday gains were held. Markets closed basically wh...
News: Stocks continued to climb higher during Tuesday’s session. All the indexes closed in the green (again)… The biggest headline of the day came from the big banks. Several reported earnings and were met with buying… Sector Round Up The sectors al...
News: The market struck a decisively bullish tone on Monday. After a weak open, buyers pushed prices higher right up until the closing bell. All the indexes closed in the green… Sector Round Up The sectors revealed the winners and the losers. 5 of t...
