News: Markets closed yesterday mixed, with slightly more stocks advancing (54%) v declining (41%). The Dow Jones and Russell 2000 close in the green. The S&P 500 and Nasdaq ended in the red. The News was mixed too… Producer Price Indexes (PPI) un...
News: Yesterday the Nasdaq Composite: Rallied 2.9% Closed 20.7% above its June low Officially entered a bull market The Russell 2000 also jumped 2.9%… It’s up 19.3% from its lows Nearing an end to its bear market. The S&P 500 and Dow Jones gai...
News: Markets ended the day lower on Tuesday ahead of the latest headline CPI inflation reading. The Dow Jones and S&P 500 fell less than 0.5% each, while the Nasdaq and Russell 2000 declined more than 1% each. Sector Safety A deeper dive reveals...
News: It was another slow day for the indexes… After gapping up, higher markets closed practically unchanged. The 3 major indexes ended +/-0.1%. The notable story was in the small-caps and meme stocks… Winners… The Russell 2000 outperformed and close...
News: On Friday, the initial jobs number looked great. According to the Bureau of Labor Statics, the economy added 528,000 new jobs. The Government and the headlines pointed out that employment has “returned to [its] February 2020 pre-pandemic levels...
News: Markets closed Thursday practically unchanged. The Nasdaq gained 0.4%, while the rest of the indexes closed down 0.3% or less. Beneath the surface, 52% of stocks advanced, while 43% declined. Sector Review The sectors were just as divided, 7 cl...
Profitable traders use trading indicators as an aid in their decision-making. To quote Reminiscences of a Stock Operator… “A professional gambler is NOT looking for long shots, but for sure money.” When you’re looking for “sure money,” you need to tr...
News: Markets erased the week’s early losses yesterday and closed the day at their highs. The Nasdaq outperformed, logging a gain of 2.6%. The other three major indexes posted solid gains near 1.5% each. Three sectors led, gaining more than 2% each....
News: Markets ended a choppy Tuesday somewhat lower. All four indexes fell and not a single sector ended the day in the green …. But that’s where the bear’s strength ends. Declining stocks outnumbered advancing stocks but not by much. Despite the wea...
News: Markets kicked off August by retreating from overbought conditions. All four indexes ended the day in the red, none lost more than 0.5%. Your top performing sector was Consumer Staples (XLP) which jumped 1.25%. Photo by George Becker from Pexel...