While the Dow Jones Industrial Average finished in positive territory Wednesday, if only slightly, both the S&P 500 and Nasdaq fell as tech leaders made the rounds in Washington. The Nasdaq dropped 1.2%, its worst day since Aug. 15th as Facebook, Amazon, Netflix and Alphabet all dropped. Shares of Microsoft and Twitter also fell to drag…
U.S. equities got off to a rough September trade in the morning hours on Tuesday and after a long Labor Day weekend. With European markets sharply lower, U.S. equities followed suit until European markets closed for the trading day and found U.S. markets recouping almost all their losses by the end of the trading session.…
https://www.youtube.com/watch?v=veYZPbnrj5Q
Despite the noise surrounding global trade and correlated tariffs last week, the S&P 500 finished higher by nearly 1 percent. Additionally, the S&P 500 YTD gain stands at roughly 7.6 percent after correcting nearly 12% in February. Heading into September, the S&P 500 is up 5 consecutive months and with two consecutive monthly >3% gains.…
Despite the noise surrounding global trade and correlated tariffs last week, the S&P 500 finished higher by nearly 1 percent. Additionally, the S&P 500 YTD gain stands at roughly 7.6 percent after correcting nearly 12% in February. Heading into September, the S&P 500 is up 5 consecutive months and with two consecutive monthly >3% gains.…...
https://www.youtube.com/watch?v=4d_UadiCXzE...
Yesterday’s market activity was moving right along, swimmingly, with the Dow & S&P 500 slightly negative and the Nasdaq positive up until 2:00 p.m. EST. It was then that the major averages all took a sharp leg lower on reports from Bloomberg that President Trump was prepared and readying his administration to go forward with…
After another record setting day on Wall Street Wednesday, equity futures are in the red. Asian markets finished largely in the red and European equity markets are sharply lower in the early morning hours. Before we get into what’s possibly ailing global equities in a moment, let’s take a few seconds to wax nostalgic about…
Remember the daily record advances in the S&P 500 back in January of this year. Remember the VIX rising alongside such advances as the RSI hit record levels during this time period. Investors enjoy or appreciate when the S&P 500 breaks out and to the upside with strength and breadth, as it did back then…
Wall Street rallied sharply on Monday, with both the S&P 500 and the Nasdaq closing at records for a second straight session and the Dow Jones Industrial Average exiting its longest stint in correction territory since 1961. Before Monday, the benchmark index had failed to trade 10% above the closing low of 23,533.20 hit on March 23, but could…
