The MarketGauge team extends best wishes to all and a special thanks to our extended family of loyal subscribers. We took a break this week and there will be only videos.
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US equities market had a sloppy week with movement out of the Dow (DIA) -.44% and into the Russell 2000 (IWM) +1.27%, which had been languishing since early October.
Most interesting was that two Economic Modern Family members Regional Banks …
Excluding the NASDAQ 100 (QQQ), US equities markets tapped (not hit) the brakes this week, ending a two-month positive weekly run for the Dow Industrials.
The small caps (IWM) sold off the most -1.36% while. NASDAQ 100 (QQQ) continued to …
The NASDAQ 100 (QQQ) continued its melt up this week, +1.34%, outpacing all the key US indexes by a wide margin. IWM (Russell 2000) closed -.80%. Semi-conductors and the energy sector (we highlighted both last week) led the pack.
Once …
The NASDAQ 100 (QQQ) melted up +1.7% this week, and almost +3% on Friday, led by FANG stocks. This made up for some recently lost ground on a relative basis with all the other key indexes. This action put semi-conductors …
I know this is getting boring, but equities hit new highs yet again with Big Cap Value stocks leading the charge up +1.9% for the week. Thank you, IBM.
However, just when you may be thinking it’s just another strong …
This week, most key US Equities indexes hit new highs again, with the Dow industrials leading +.52 %. This upcoming week marks the 30-year anniversary of the great market meltdown or the crash of 1987.
October, although generally a good …
Equity markets continued to run up to all-time highs up on average another + 1.5% for the week. All this despite multiple hurricanes, geo-political uncertainty, an unconventional presidency, and mass murder.
Attribute this to an economy that has received its …
The Trump administration pivoted away from another failed attempt at repealing the Affordable Care Act (Obamacare) and moved on to the next big item on its agenda, tax reform. Markets have started moving ahead of anything formal being agreed upon …
Equity markets continued their spiral up with three of the four key US market indexes hitting new highs. Even better news, is the rally is contagious with foreign equities outperforming, led by Emerging Markets. Cash levels are high globally and …