News: Friday’s Jobs Report showed robust growth in the labor market, with 263,000 new jobs added in September. The figure came in just shy of the Dow Jones/Wall St Journal estimate of 275,000. And sent markets into a free fall. Dow Jones -2.1% Nasdaq...
News: Thursday was a down day on Wall Street. All four major indexes slipped modestly lower. Dow Jones -1.1% Nasdaq -0.7% S&P 500 -1.0% Russell 2000 -0.6% The uptrend has not broken. The market has now moved sideways for a second day. Sector Roun...
News: Wednesday’s trading session was not a clear win for either side. Each major index opened lower and closed in the red but near session highs. The big three turned green in the final hour of trading but settled near flat. Dow Jones -0.1% Nasdaq...
News: Tuesday belonged to the bulls. Dow Jones +2.8% Nasdaq +3.3% S&P 500 +3.1% Russell 2000 +3.9% The S&P 500 posted its biggest 2-day gain since April 2020 and the strongest daily breadth reading (an indicator similar to RSI) since late 201...
News: On Monday, markets welcome Q4 by roaring back to life. All four major indexes posted outsized gains as oversold conditions were relieved. Dow Jones +2.7% Nasdaq +2.3% S&P 500 +2.6% Russell 2000 +2.7% UN Takes on Powell The United Nations is...
News: The market took another hit on Friday as the final day of tax selling came to end. Many firms’ fiscal years end in Q3. The big three indexes closed at new lows for the year. Dow Jones -1.7% Nasdaq -1.5% S&P 500 -1.5% Russell 2000 -0.6% Fed...
News: The Bank of England market-rescue rally was short-lived. On Thursday, Wednesday’s gains were erased, and then some. The S&P 500 closed at a new low for the year … as all four indexes posted sharp declines. Dow Jones -1.5% Nasdaq -2.8% S&...
News: Early yesterday morning, the Bank of England sent shockwaves of buying through the markets with a surprise announcement. The declaration is simple. The Bank will… Buy bonds “on whatever scale is necessary” to stabilize the bond markets. It also...
News: Tuesday, the markets bounced back from oversold conditions … to start the day anyways… The major indexes rose as much as 2% in the opening hour. By the end of the day, sellers got their way, and the markets closed mixed, near flat. Dow Jones -0...
News: The selling continued on Monday as all four indexes posted declines. Dow Jones -1.1% Nasdaq -0.6% S&P 500 -1.0% Russell 2000 -1.4% The Dow Jones has officially entered a bear market. It closed the day down 20.4% from its all-time high set...
