News: July is officially in the record books. And investors have reason to celebrate… Photo by Rakicevic Nenad from Pexels Stocks ended on a positive note, with gains ranging from 0.7% for the Russell 2000 to 1.9% for the Nasdaq. It was the best mont...
News: Yesterday markets opened on a weak note, with good reason too. New unemployment claims were above 250,000 for the second week in a row. Preliminary GDP numbers met a technical definition of a recession. Let’s cut through the crap … Recessions a...
News: It was hard to find a loser yesterday. The market opened up higher after getting better than expected durable goods orders. In June, orders increased by 1.9% Economists expected a decline of 0.4% Earnings For the Bulls On a big earnings day, b...
News: Yesterday markets opened lower and fell through the day. All 4 indexes closed the day deep in the red. Nasdaq -1.9% S&P 500 -1.2% Dow Jones -0.7% Russell 2000 -0.7% Recession fears topped the negative sentiment as the IMF updated its 2023 f...
News: Markets closed mixed on Monday. The Nasdaq fell 0.4%, while the remaining three indexes rose between 0.1% and 0.6%. There was little conviction from buyers or sellers. It appears the markets are in a wait-and-see mode as investors anticipate th...
News: On Friday, the markets ended the week on a down note … The Nasdaq shed nearly 2% (but gained 2.5% on the week) as social media stocks tumbled. Dow Jones -0.4% (weekly +2.0%) S&P 500 -0.9% (weekly +2.5%) Generally, It was still a positive we...
News: Yesterday markets opened lower and with good reason… The European Central Bank (ECB) surprised the markets with a 0.5% boost to its lending rate. Traders expected a 0.25% increase This is the first rate increase for the ECB in 11 years And new...
News: Yesterday was another day of gains, especially for the “risk on” areas of the market. The Nasdaq and Russell 2000 posted gains of 1.6% each. The Dow and S&P 500 closed green but with gains under 1%. Overnight the flow of natural gas from R...
News: Yesterday, buyers couldn’t find a price they didn’t like. More than 80% of stocks closed the day higher. The indexes surged, with gains ranging from 2.4% for the Dow to 3.5% for the Russell 2000. The S&P 500 and Nasdaq gained about 3% each....
News: Yesterday markets opened higher and held their gains into the afternoon. But as lunchtime ended, the indexes erased their gains. The divide between winners and losers was nearly 50/50 … But the large caps dragged the indexes down. The three maj...
