US equities rallied this week, with the S &P 500 up +.9% and the Russel 2000 (IWM) up +2.6%, regaining a bullish market phase. The Nasdaq 100 closed at all-time highs.
Several sectors gained ground including semiconductors which reasserted itself …
All Domestic equity markets closed with weekly losses. The S&P 500 closed under its 50-day moving average, and down -1.22%, right on its lows for the week. it’s the lowest close since mid-February. The deterioration of the Trump bump trade …
This week had its fair share of potential catalysts that could have begun the next major market move up or down.
However, not even an U.S initiated missile attack, nor a surprising employment report job was enough to break the …
US equities markets bounced nicely last week after an awful -1.0 % gap down Monday morning. The S&P 500 ended Monday flat and the week positive +.80%. It fulfilled prophecies of more volatility ahead, the by-product of the recent 109-day …
Pyyrho -Greek Philosopher (The First Skeptic)
The S&P 500 did the unthinkable, it actually had a -1.2% down day last Tuesday.
This action broke the 109 day streak of S&P 500 trading without a correction of greater than 1%. The …
U.S. equities mostly inched their way forward this week, digesting another rate hike of .25% by the Federal Reserve. In fact, after the hike, rates dropped and equities rallied. The dollar dropped as well.
Metals, especially gold and copper, ended …
The Markets liked the payrolls data released Friday which reversed the steady declines (after the initial pop following Trump’s Congressional address), closing the week down .42% for the S&P 500. Moments after the jobs data was released, White House Press …
Wall Street’s newest IPO and darling is Snapchat (SNAP). Investors (I’m using the term lightly here) clamored to get in on the hot new app, which now has a market cap of about $ 31 billion. SNAP was up roughly …
The markets pushed higher yet again last week extending their impressive 2017 rally, however this week was a little different than prior weeks in ways you should pay close attention to.
A quick look at our sector summary page, which …
US Equities took a que from events in Asia this week as the bulls murdered the bears in a very public show. The market is on a post-election tear not seem since LBJ took office, with the benchmark S&P 500 …
