US stocks had another impressive week with three of the four main indexes making all-time highs. The Dow closed +1.08% and the NASDAQ 100 regained its footing, closing +1.91 %. Our risk gauges remain strongly bullish.
The news on capitol …
Ok, I might be dating myself, but what is happening in Washington reminds me of “Let’s Make a Deal,” one of the longest running TV game shows.
This week’s market action was dominated by two big deals.
First, the Senate …
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 …