All three major averages closed at or near 2021 highs during this week's late, pre-Easter rally. Even the troubled NASDAQ popped.
Today, we await news on a partial US and China trade deal, the latest Fed interest rate news, and the latest crap from the grueling Trump impeachment farce.
Discount brokerage house Charles Schwab Corp. announced it would eliminate most sales commissions for online stock trades on October 7. ISM Index drops.
According to current weather reports, Hurricane Dorian could be bearing down on Wall Street. Just like President Trump’s latest tariff hikes.
With a nothingburger market open Monday, including a flat Dow Jones Industrials (DJI) and a feisty NASDAQ, many theorists claim support for their theories.
Absent real news to drive the markets, the only game in town is the rumor mill. And this week's favorites are the latest incoming US-China trade rumors.
Fed Chair Jerome Powell awoke from his haze, halting 2018’s robo-rate hiking habit. At least for 2019. More or less. Score one for Trump vs Fed.
Plans for extensive S&P and MSCI sector revisions are nearing final agreement. They are now scheduled to take effect on September 28, 2018. Once implemented, the revisions could cause some temporary heartburn for ETF investors and other stockholders this coming fall.
Trump-China Syndrome, increasingly blatant and frantic Deep State efforts to remove President Trump from office, and the Fed’s pathological fear of inflation were just too much for this market. Bear market warning flags now fly all over commonly followed stock charts, indexes and averages.
Markets ignored the past week's stream of generally much-improved earnings reports. They’ve chosen instead to fixate on the inevitable breaching of the dreaded 3 percent yield on the U.S. ten year bond, something that’s just occurred.
Traders and investors alike were shell-shocked at Friday’s closing bell on Wall Street. The Dow plunged nearly 3 percent on the day, and the S&P 500 and NASDAQ got pounded almost as badly.
Clearly, nearly any stock small investors buy in this kind of environment could turn against them within minutes after purchase confirmation.
Almost immediately after Friday's opening bell,, the bellwether Dow Jones Industrial Average (DJIA) hit a huge air pocket, dropping over 300 points in a matter of minutes.
The rampaging bears are heading back to their caves to hibernate this morning, as the Dow rockets ahead for a 200 point gain.
Dow Jones Industrials down triple digits due to continuing Tech Wreck. But financials, healthcare, materials all manage to rally.
Despite Manchester terrorist attack, S&P 500 back above its previous high, followed by DJIA. Tech stocks pull back a bit, keeping NASDAQ slightly in the red.
After a brief pause in the stock market’s oversold condition, shares are sinking Tuesday across the board, as Fed’s gloom and doom announcement looms Wednesday.
Actions in sectors and stocks will hinge on political expectations stemming from President Trump’s Tuesday evening address to Congress. Our portfolio continues on hold.
Widely followed average of major (more or less) industrial stocks scores another record close as Trump Rally continues. But what about Trump’s Tuesday speech?
In election stunner, Hillary Clinton, Democrats, the MSM and die-hard #NeverTrumpers gobsmacked by Donald Trump's upset victory, confounding global markets and Wall Street alike.