Despite the rough start to the holiday-shortened week, the bulls got back in the saddle early in, and didn’t really get off. While stocks peeled back a little from Friday’s intraday highs, they still reached record highs that day, and closed high enough to leave the indexes in the black for the four-day stretch. That’s encouraging after a couple weeks...
Despite the rough start to the holiday-shortened week, the bulls got back in the saddle early in, and didn’t really get off. While stocks peeled back a little from Friday’s intraday highs, they still reached record highs that day, and closed high enough to leave the indexes in the black for the four-day stretch. That’s encouraging after a couple weeks...
Things were going swimmingly enough for the bulls last week… until Friday. Thanks to that day’s 0.64% setback, the S&P 500 ended up losing just a little ground for the week. Except, maybe the market’s bigger picture bullish momentum is slowing anyway. It’s just slowing down by way of significant setbacks once every few days. The fact that enough bears...
Things were going swimmingly enough for the bulls last week… until Friday. Thanks to that day’s 0.64% setback, the S&P 500 ended up losing just a little ground for the week. Except, maybe the market’s bigger picture bullish momentum is slowing anyway. It’s just slowing down by way of significant setbacks once every few days. The fact that enough bears...
Picking up where things left off from the week before, last week started out on a bearish foot, and remained on a bearish foot through Thursday. Most of the key indexes broker under some relatively important technical support, in fact. Then Friday, everything changed. All that Fed Chairman Jerome Powell had to do was mention the possibility of an interest...
Picking up where things left off from the week before, last week started out on a bearish foot, and remained on a bearish foot through Thursday. Most of the key indexes broker under some relatively important technical support, in fact. Then Friday, everything changed. All that Fed Chairman Jerome Powell had to do was mention the possibility of an interest...
The bulls picked up where they left off two weeks back, plowing back into stocks to lead the market to another record high. But, the weight of the recent runup clearly slowing the effort. The NASDAQ’s stocks (laden with growth and technology names) ended up peeling back a bit to close below its intraweek high. Ditto for the S&P 500,...
The bulls picked up where they left off two weeks back, plowing back into stocks to lead the market to another record high. But, the weight of the recent runup clearly slowing the effort. The NASDAQ’s stocks (laden with growth and technology names) ended up peeling back a bit to close below its intraweek high. Ditto for the S&P 500,...
The bulls hit the ground running right out of the gate last week, reversing course from the prior week’s bearish end. All told, the S&P 500 gained 2.5% for the five-day stretch. The NASDAQ Composite fared even better, rallying 4.0% to reach a record high that the S&P 500 index didn’t. In fact, the NASDAQ dropped a key bullish hint...
The bulls hit the ground running right out of the gate last week, reversing course from the prior week’s bearish end. All told, the S&P 500 gained 2.5% for the five-day stretch. The NASDAQ Composite fared even better, rallying 4.0% to reach a record high that the S&P 500 index didn’t. In fact, the NASDAQ dropped a key bullish hint...
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