US equities once again put in a mixed performance with small caps (IWM) lagging, down -.76% for week, while NASDAQ 100 was up +4.67 % and registered yet another new All-time high on Friday. Breath figures (SPY) show the number …
The NASDAQ 100 (QQQ) closed the week at new all-time highs, +1.65%, while the Dow Industrials (DIA) was down -.2%. In fact, YTD, the Dow is down -9.36% while the Nasdaq 100 is up 18.62%, certainly a tale of two …
The easing of the lock down has resulted in a huge spike up of infections and a corresponding spike down in stock prices. Equities closed down about -3% on average and are now mostly down over the last month.
Stepping …
US Equity Markets closed up on the week, led by the NASDAQ 100 which was up +3.5%. The news of a spike in the spread of the virus, triggered Apple to close stores in several states. That hit the tape …
US Equity Markets reversed course and closed down -5% for the week on average. Risk gauges followed suit and closed in risk off mode. The selloff was largely a reaction to the Feds plans regarding rates heading into in 2022. …
US Equity Markets yet again tacked on some serious gains led by IWM (Grandpa Russell) which was up more than 8% for the week. It reduced its YTD loss to just- 9.355 while the S&P500 is now basically flat. The …
U.S. equity markets improved their footing with most key benchmarks gaining more than 3% for the week. The NASDAQ 100 is up over 9.76% YTD, and the S&P 500 regained its 200-day moving average.
This recovery of the S&P 500 …
US Equity markets regained its footing with most key benchmarks gaining 3% for the week. The NASDAQ 100 is up over 8% YTD while the IWM (Grandpa Russell) is down -18.58% during the same period. This divergence in price action …
US Equity markets retreated this week down between -.7 to -5.5%, but found support at their 50 day moving averages, preventing what was looking like a meltdown in the making. One short term sentiment indicator hit oversold levels which helped …
Equity markets shrugged off Mr.Buffet's recent dumping of his airlines stocks (mentioned at his annual shareholder's meeting last Saturday) and reversed what looked like a serious selloff int the making.
Oil and energy bounced off very depressed prices ignoring the …