#DJIA #stocks #NYSE $DIA $QQQ $SPY $USO $USD $XAU $GLD Wednesday, the DJIA finished the day above 27,000 after Pfizer (NYSE:PFE) announced that it had struck a deal with the US government for the C-19 coronavirus vaccine it is developing with BioNTech SE. The NAS Comp finished the day up 0.2%, the DJIA gained 0.6%, and the S&P 500 rose 0.6%. Market breadth was good: More than […]
#SP500 #rally #record #Bull #Trump $SPY $SPX $DIA $QQQ $RUTX $VXX The S&P 500 just marked a 100-Day run, 1 for the record books. Since bottoming on 23 March, the S&P 500 rallied 40%,that has not happened in 90 yrs, and the Bull has further to run. The S&P 500 had previously recorded only 5 […]
$XAU $GLD $EUR $USD Gold prices broke out, and continue to rise as yields. The rally in gold comes despite a surge in the USS to fresh multi-year highs. .DXY nearly hit 100 for the 1st time since March of Y 2017. The 10-yr US yield is trading near the low end of its 5-yr […]
$DIA $SPY $QQQ $RUTX $VXX Wednesday, Wall Street closed at record highs as news that the coronavirus outbreak could be running out of steam kept buyers buyers. Tech shares led the broad-based rally, which pushed all 3 major US stock indexes to fresh highs. The S&P 500 and the NAS Comp have now set closing […]
$DIA $SPY, $QQQ, $RUTX, $VXX Wednesday, the DJIA closed above 29,000 for the 1st time plus the S&P 500 closed at a record high after the United States and China signed the Phase 1 trade agreement and pledged to resolve the 2 yr tariff dispute. The centerpiece of the agreement is a pledge by China […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Late Friday US stocks came off from record-high marks as investors took profit and data showed slower-than-expected December US jobs growth, but the major indexes posted gainers on the week. Domestic jobs increased by 145,000 last month, below the forecast for a 164,000 rise, the US government data showed, as the pace […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL Thursday, Wall Street’s major stock market indexes market record highs to open Y 2020,as fresh economic stimulus from China added to optimism fueled by easing trade tensions and an improving global outlook. China’s central bank said Wednesday it would cut the amount of cash that all banks must hold […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Thursday was another record-setting day on Wall Street, with the NAS Comp rallying 0.8% to cross the 9000 mark for the 1st time. The S&P 500 (+0.5%) and DJIA (+0.4%) also closed at new highs, thanks to mega-cap leadership and a strong finish into the close. The Russell 2000 finished flat. […]
$DIA, $SPY, $QQQ, $RUTX, $AAPL, $VXX Wall Street stocks marked another record closing high Monday, as the DJIA gained 10,000 points since Donald Trump was elected President. The Dow’s high point on Monday was 28,337.49, it closed at 18,332.74 on 8 November 2016 The index has rallied more than 54% since President Trump’s election victory, while the benchmark S&P […]
$DIA, $SPY, $QQQ, $RUTX, $VXX An HeffX-LTN Key indicator for extending this Bull Market: The last vestige of the financial crisis ended Thursday as financial stocks in the S&P 500 passed their prior closing high eclipsing the record marked in Feb 2007 before losing more than 80% of their value in less than 2 yrs. […]
$SPY The great Fidelity Investments money manager Peter Lynch once said; “More money has been lost by investors trying to anticipate corrections, than has been lost in corrections themselves.” The bottom line is this: 100-years’ worth of data is screaming at us to buy stocks. The widespread pessimism is telling us it’s a great time to buy stocks, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the 3 major US stock market indexes posted record closing highs and the S&P 500 registered a 5th straight week of gainers as investors brushed aside worries over the progress of US-China trade talks and as Walt Disney shares rose. The Cboe volatility index .VIX posted its lowest closing […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Donald Trump again cheered as all 3 of the major Wall Street’s indexes posted record closing highs Monday, extending a recent run of gainers, on prospects of a US-China trade deal and an improving US economy. It was the 2nd consecutive session of closing records for the S&P 500 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US Q-2 GDP higher than estimates on strong consumer spending as the ‘Tight’ Fed, China trade dispute lowed growth Friday, economist Stephen Moore said he is “relieved” that the economy is at 2.1% growth, but said the numbers are not where they should be because of several factors, including […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market indexes ended Thursday near session lows after spending the day in the Red. The DJIA (-0.5%) and S&P 500 (-0.5%) posted comparable losses while the NAS Comp(-1.0%) under-performed during the session. The top-weighted technology sector (-0.8%) was among Thursday’s weakest, while most of the remaining cyclical […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.5%) and NAS Comp (+0.9%) set new records highs on Wednesday, driven by big gainers in semiconductor stocks and by shares of companies that beat earnings estimates, the Russell 2000 rose 1.6%. The DJIA lost 0.3% on losses in Boeing (BA 361.43, -11.54, -3.1%) and Caterpillar (CAT 131.91, -6.19, -4.5%) following disappointing earnings […]
$RACE FLASH: As I wrote last December, Ferrari is the auto stock to watch in Y 2019 as the iconic Italian luxury Supercar maker plans to significantly expand its production over the next 7 years. Ferrari (NYSE:RACE) shares Thursday marked another all-time high at $163.64 and finished at $161.16 on the day. All of our […]
$SPY, $QQQ, $DIA, $RUTX, $VXX FLASH: The S&P 500 and NAS Comp marked new closing, and intra-day records Monday on a modest advance. Leadership came from the S&P 500 financials and communication services sectors in front of busy news and earnings week Analysts now expect earnings of S&P 500 companies to have fallen just 0.2% […]
$DIS, $QCOM, $AAPL, $INTC, $KMI, $NWL, $XAU We have been see over the past weeks stocks moving back to their all-time highs marked in September 2018. And are seeing the drive further North from here. A few blue chips have been surging in the past week, and are far higher than they were back in […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FlASH: Our works shows that this Bull market is still intact Over the past 10 years long haul investors have been handsomely. The Big Q: Is there more? The S&P 500, the U.S. market’s benchmark index, has gained about 310% since bottoming out at 676.53 points in 9 March 2009 […]
FLASH: US construction spending edged down 0.6% in December with declines in residential construction and government projects. On the year, construction spending rose 4.1% to $1.3-T an all-time high, but the 4.1% gain was the weakest performance since spending fell 2.6 % in 2011. Even with the December setback, construction spending for all of Y […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, The US stock market was primed to rebound, it rebounded. Earnings are just ahead and if stocks continue to the Northside as they have on this bounce then the lowered estimates might not be a plus. So, for now savvy players will be playing the bounce, because the selloff was […]
US Stock Rise in Strong Rally, Chipmakers Lead $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, the major US stock market indexes rose more than 1%, driven by strong gainers for chip and transport stocks, as investors took advantage of cheaper prices following the recent pullback. All 11 S&P 500 sectors ended in the Green a day […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: Over 20% of S&P 500 companies have reported, 72% have beat The Street estimates Market is concerned about the Fed overreacting, as it always does. China’s economy is in decline Halloween Market Week: Tricks & Treats The US stock market’s technical indicators suggest […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: 20% of S&P 500 companies have reported, 70% have beat The Street estimates The S&P 500, DJIA and NAS Comp held their 200-Day SMA’s Friday Market is concerned about the Fed overreacting, as it always does. China’s decline is feared, may decline further, […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, earnings season starts in earnest For now traders are playing an oversold bounce. But, if this is a relief move, the later you enter, the worse risk/reward. So, be selective if you are adding more bounce plays. Also, look at some areas receiving […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Columbus Day in the USA, Banks are Closed, Market is Open The market’s focus this week: Earnings Yes, it is earnings reporting season again, this frame always commands a great deal of attention because earnings drive stock prices over the long term. To that end, […]
US Treasury Yields Seen Climbing Higher US T-Bond yield has broken above a multiyear base, which should lead to significantly higher yields for financial markets. “As I have been saying, two consecutive closes above 3.25% on the benchmark 30-year T-B means that my statement in July 2016 that we were seeing the low – I said […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week: new money, earnings season, and the jobs report Friday. September was not a Southside month this year, solid but not huge. So many participants are expecting a selloff in October. It may happen, though it did not happen last year after a […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week FOMC meets on Tuesday and Wednesday to talk a rate hike and more trade issues with China, Canada, and the EU. The heavy pressure is on China now. Then there is The Trump Administration’s feelings toward social media and WH […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, lots more US economic data this week. We will see the Empire PMI Monday and the Philly Fed Thursday. Housing starts, Existing home sales, Leading indicators also this week. The the major US major stock market indexes continue to trend higher and in the face […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Lots more US economic data this week. Consumer credit, Small business sentiment, PPI, CPI, Fed Beige Book, retail sales, Production plus. The CPI is watched because of the FOMC and its rate hiking. Retail sales are watched as a barometer of the consumer, though inflation as we know […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The US markets will be closed Monday in celebration of Labor Day. Last Friday’s Wall Street action ahead of an extended Labor Day weekend was eventful in terms of trade-related headlines, but an uneventful one for the major US major stock market indexes averages, which […]
S&P 500 and NAS Comp Notch Record Highs Again $DIA, $SPY, $QQQ, $RUTX, $VXX There is room to run in the equity markets with more records being hit, especially with the momentum on trade. S&P 500 and the NAS Comp hit all-time highs for the 4th session running Wednesday, boosted by a rise in Amazon.com […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Up this week: US Consumer Confidence, 2nd GDP read, Personal income and spending, Chicago PMI. Classic Fed interest rate moves miscalculations is always cause for concern, as the Fed is making its same mistakes: it sees an overall still strong economy, stocks still strong, and it ignores […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Q-2 earnings is coming to a close, so lets look at the technicals DJIA leads as money rotates form tech’s to its blue chips Tech leaders topping, the rotation allows the move to continue; some leaders will soon drop out. DJIA: Thursday the DIA finished solidly higher, […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Q-2 earnings is coming to a close, just as Key economic data coming up. This week we have: retail sales, Empire manufacturing and Philly Fed, industrial production and capacity, housing starts, leading indicators, and MSI. Data is important as it is important the US economy remain […]
US Stocks Headed to Record Territory $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, US stocks advanced for a 4th session running, with the S&P 500 climbing 0.3% to 2858. The benchmark index is now within 0.5% of its 26 January record high. The tech-heavy NAS Comp climbed 0.3%, and the DJIA rose 0.5%. The S&P 500 […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, the big cap indexes are set up well. The small and mid-caps are near the old highs and testing. Earnings are set up, ready to drive this market North. The Technicals DJIA: The DIA struggled more on the trade issues than did the S&P […]
Investors Rotated $9-B into US Small Cap Stocks $RUTX, $SPY Last week investor plowed $9-B into US small cap stocks it was a good week. Russell 2000 +5.9% YTD S&P 500 +1.5% YTD Small-cap stocks are showing well in here, even as the benchmark 10-yr T-Note yield rose to a 7-year high. US Treasuries Yield Check […]
Broad Based Rally, Small Cap Stocks Lead $DIA, $SPY, $RUTX, $QQQ, $VXX Wall Street’s small caps are beating the The Street The small-cap Russell 2000 finished + 1.0%, closing at a new all-time high Wednesday’s broad based rally saw shares of smaller, domestically focused companies showing strength. The small-cap Russell 2000 finished + 1.0%, finishing […]
Big Caps Capture the News, Small Caps Beat ‘The Street’ $DIA, $SPY, $QQQ, $SPN President Trump’s historic tax reform driving Small Cap rally Wall Street’s small caps are beating the The Street trading with 2 percentage points of the recent record highs at 1,615.5 on the Russell 2000 The Russell 2000 (RUTX) tracks US small […]
DJIA Posted a New Record High, S&P 500 Flat, NAS Underpreforms $DIA, $SPY, $QQQ, $VXX Wednesday, the DJIA marked to a new all-time high, but NAS Comp retreated from records on weakness in Apple (NASDAQ:AAPL) shares. US stocks have rallied in recent weeks as enthusiasm about US tax cuts adds to optimism at improving […]
US Stock Market Behind President Trump on Government Shutdown $DIA, $SPY, $QQQ, $VXX US stocks rose to new records Friday, as the pending government shutdown proved No Match for the New Year Extension of The Trump Rally. Trading ranges were pretty narrow for most of the day, but a late wave of buying has the […]
The Trump Rally Extends, Stocks Marked Record Highs Each Day This Week $DIA, $SPY, $QQQ, $VXX Stocks extend New Year rally for 4th session running. Friday, President Donald Trump pointed out that the DJIA has risen to all-time record highs on his “Make America Great Again” agenda. At the close Friday, the DJIA rose to , […]
President Trump Predicts ‘Monumental’ Tax Bill Will Pass $DIA, $SPY, $QQQ, $VXX US Stocks Hit New Records As Tax Reform Looks Likely Friday, President Donald Trump says he has seen the latest version of the $1.5-T tax overhaul package moving through Congress and he predicts it will do “very, very well.” The President told reporters […]
US Stocks at Record Highs as Fed Hikes Rates $DIA, $SPY, $QQQ, $VXX The Trump Rally Extends The Fed followed through on an expected interest-rate increase and raised their forecast for economic growth in Y 2018. “Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further,” the Federal Open Market […]
Stocks World Wide at Record Highs $DIA, $SPY, $QQQ, $VXX. $DAX The Trump Bull Market Rally is Up and Running Major world stock markets rallied and government bond yields fell Tuesday as strong corporate profits, steady global growth and low inflation provide few alternatives for investors outside of stocks. Equity markets from Asia to Europe […]
Homeownership Does Not Build Wealth Like Other Investments $DIA, $SPY, $QQQ, $VXX A home is a place to live, raise ad family and thrive, if it goes up in value it is a lucky extra Homeownership is necessarily better than paying rent, according to a study Florida Atlantic University, Florida International University and the University […]
Chip Sector Deal-making Lifts NAS Comp to Record Marks $DIA, $SPY, $QQQ, $VXX The NAS Comp rose to hit a new intra-day high Monday, driven by the news of a potential $103-B mega-deal in the chip sector, while gainers on the S&P and the DJIA were capped by losses in the telecom sector. Shares of […]
The Trump Rally is Almost 1 Year Old $DIA, $SPY, $QQQ, $VXX, $AAPL Friday, the US major stock market indexes finished the longest string of weekly gainers since Y 2013 as Apple Inc. (NASDAQ:AAPL) results and strong services sector data added to the continuing and growing optimism in the economy. US Dollar (.DXY) index rose, […]
US Major Stock Indexes Mark Record Highs Again Friday $DIA, $SPY, $QQQ, $VXX The 3 major Wall Street stock indexes came off their session lows in early afternoon trading Friday, as Apple (NASDAQ:AAPL) hit a record high on strong demand for its latest iPhone X and an upbeat Holiday sales forecast. The NAS Comp soared […]
DJIA Rises to Record Highs, S&P 500 & NAS Comp Lag $DIA, $SPY, $QQQ, $VXX Thursday, the DJIA climbed to record highs, while losses in Facebook (NASDAQ:FB) kept the S&P 500 and the NAS Comp flat. US investors are now seeing the tax cut plan unveiled by President Donald Trump and the GOP Congress. Market […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings and Data the focus on Wall Street this week. On the Data Front: Durable goods, New home sales, GDP, Michigan Sentiment Indicator (MSI) final October. On the Earnings Front: So far the responses were tepid but have not hurt the market. The financial held and are […]
Media Ignores 6th Weekly Gainer as US Stock Market Post Record Highs $DIA, $SPY, $QQQ, $VXX The Trump Rally Extends Tax Reform ahead Unemployment at lows not seen since 1973 The US stock market hit another all-time high on Friday, but the “fake media” did not spend much time covering that, President Donald Trump Tweeted […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings are Wall Streets’ focus now as the banks started last week and the doors are now open The Big Q is whether the market has room for more upside on some good earnings after the gains in DJIA, Techs (SOX), NAS Comp and S&P […]
US Consumer Sentiment Spikes to 13-Year Highs US consumer sentiment (MSI) rose to a 13-year high as Americans’ perceptions of the economy and their own finances rebounded following several major hurricanes, a University of Michigan survey showed Friday. Highlights of Michigan Sentiment (October, preliminary) Sentiment index rose to 101.1 (est. 95), highest since January 2004, […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The econ data feed this week includes: PPI, CPI, Retail Sales, Michigan Sentiment (MSI) October preliminary. San Francisco is finding out that the higher minimum wage and the high cost of Barack Obamacare aka ACA compliance with restaurants is causing some of the middle market favorites to […]
A Quiet Day on Wall Street, Posting Record Highs $DIA, $SPY, $QQQ, $VXX, $WFC Wall Street extended The Trump Rally marking record highs Wednesday on quiet trade. US Secretary of State Rex Tillerson denied NBC’s report that he considered resigning, allaying fears of fresh turmoil in The Trump Administration. The S&P 500 and the NAS […]
The Trump Rally Extends, Autos, Airlines Advance $DIA, $SPY, $QQQ, $VXX US economy growing under US President Trump’s developing economic policies. The major US stock indexes posted record high closes Tuesday, helped by gains in airlines and as carmakers rose after strong September vehicle sales. Major automakers posted higher US new vehicle sales in September […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX We saw new US market highs into Friday. This new Month and Quarter could bring some more buying and perhaps more new highs. The Big Q: Will new highs become the targets for the algorithms machine traders to sell? The Big A: Look at the […]
Dow Jones Industrial Average Marks Another Record High $DIA, $SPY, $QQQ, $VXX The Trump Effect is preventing a US stock market crash Robert Shiller is warning investors that just 1 aspect is keeping today’s high-flying stock market from crashing like it did in Y 1929. The Yale University economics professor explained that there’s one vital […]
US Stock Indexes Mark New Record Highs, Financials Lead $DIA, $SPY, $QQQ, $VXX The major US stock market indexes are trading at record marks driven by gains in financial, technology and industrial stocks, with focus on the FOMC’s policy meet Tuesday and Wednesday, as The Trump Rally extends. Shares of the major banks, including Bank […]
Stocks Mark Record Highs, as US Industrial Production Fell Most in 8 Years $DIA, $SPY, $QQQ, $VXX US stocks ticked up Friday running to record highs on the week, as The Trump Rally extends. The Dow (+0.3%) advanced to a new-all time high again, as did the S&P 500 (+0.2%), which settled right at of […]
US Job Openings (JOLTS)Hit Record High, Qualified Workers Scarce $DIA, $SPY, $QQQ, $VXX The Trump Rally extends, US stocks mark record high, again, led by financials, Apple sags. US job openings aka JOLTS, rose to a record high in July, suggesting a slowdown in job growth in August was an aberration and that the labor market […]
US Stocks to Record Highs, Rate Hikes, NKorea, Irma Fears Fade $DIA, $SPY, $QQQ, $VXX The Trump Rally extends, as President Trump’s approval ratings soar. Monday, the S&P 500 rose 1%+ to a record high close, as Fed rate hike fear abated, Irma caused less damage than expected in Florida, and NKorea decided not to […]
Gold Marks a Fresh 2017 High, Stocks Drop on NKorea Tensions $GLD NKorea launches or threatens to launch a missile, Gold rises, stocks fall, things calm down and stocks make up their losses, what has been a recurring story YTD. The Big Q: Is it different this time? The Big A: After NKorea said it […]
America’s Manufacturers Are Thriving Under President Trump $DIA, $SPY, $QQQ, $VXX America’s manufacturers are showing signs of fabricating some genuine momentum. The NAS Comp (QQQ) moved back into record territory, climbing 2.7% to close the week at a new all-time high Add to that, improvement among US builders and miners and the US is finally […]
On Market Breadth and NYSE 52Wk Highs and Lows $DIA, $GLD, $SLV Here’s the Bear’s Eye View (BEV) for the Dow Jones (DJIA) going back to January 1982, a period of market history that covers the entire August 1982 to August 2017 market advance. What’s a BEV plot? It displays the market exactly as Mr […]
CEO Marchionne Drives Ferrari (NYSE:RACE) to All-time Highs $RACE, $FCAU, $SPY Ferrari (NYSE:RACE) has blown past former parent Fiat Chrysler Automobiles (NYSE:FCAU) in the race that might matter most, that being market capitalization. Ferrari was spun off from FCA in October 2015, and its stock has been on the rise since early July 2016, when […]
The Trump Rally Extends, DJIA, SP 500 at Record Highs $DIA, $SPY, $QQQ, $VXX US stocks finished higher Monday, with the DJIA closing at a record high, after marking another all-time high at the open. The rise in the DJIA also put the blue-chip index on track to close higher for the 10th day running, […]
NAS Comp Marked Record Highs on Netflix ‘Spike’ $DIA, $SPY, $QQQ, $VXX, $NFLX, $GS A spike in Netflix(NASDAQ:NFLX) boosted the NAS Comp (QQQ) to a record high close Tuesday, while Goldman Sachs Group (NYSE:GS) pushed DJIA South as earnings take center stage on Wall Street. The NAS posted its 8 consecutive session of gainers, the […]
GOP Lawmakers Optimistic on Tax Reform This Year $DIA, $SPY, $QQQ, $VXX US Stock Market Indexes Climb to New Record Highs, as The Trump Rally Extends Paul Ryan (R-WI), the top Republican in the US House of Representatives will reassure America’s business leaders Tuesday that tax reform is on track for this year. In what […]
US Pulls Out of Paris Climate Accord, Stocks Soar to Record Highs $DIA, $SPY, $QQQ, $VXX Our President choose to put American citizens, American energy and American industry 1st, as he promised, Yes! Thursday, President Donald Trump said that he will withdraw the United States from the Paris climate accord, “vowing to fulfill my solemn […]
The Trump Rally Extends: Stocks in the Defense Sector Mark Record Highs $DIA, $SPY, $QQQ, $VXX President Donald Trump’s approval of $110-B in arms sales to Saudi Arabia gave stocks in the defense sector a lift to record highs Monday. The deal includes $350-B more in defense support over 10 years. Lockheed Martin (NYSE:LMT) was […]
The Trump Effect: NAS Comp Finished Above 6,000 for 1st Time $DIA, $SPY, $QQQ, $VXX Tuesday, the Nasdaq Composite index hit a record high, the DJIA and S&P 500 tapped recent highs, as strong earnings underscored the health of corporate America. The NAS Comp closed above 6,000 for the 1st time, more than 17 yrs […]
The Trump Rally Extends, Driven by Energy and Jobs Creation Vow $DIA, $SPY, $QQQ, $VXX Thursday, US stocks indexes finished higher driven by energy stocks and a renewed pledge by President Donald Trump to CEOs of 25 of major US companies to bring millions of jobs home to the United States. The S&P 500 posted […]
Bitcoin Nears Record Highs Bitcoin Hits 3-year Peak, Nears Record High on US ETF Approval Talk Bitcoin hit its highest levels in more than 3 years Thursday and came within $3 of an all-time high, on speculation that the 1st Bitcoin ETF (exchange-traded fund) is set to receive approval from the US financial regulator. Traditional […]
US Stocks Mark New Records, S&P 500 Up 4 Weeks Running $DIA, $SPY, $QQQ, $VXX Stock indexes marked record highs again Friday, after a late-afternoon drive erased losses from earlier in the day. It caps the 4 straight week of gainers for the Standard & Poor’s 500 index. Reports through the week showed that the […]
Gold Price Marks 3-Month Highs $GLD, $SLV Gold futures rose to the highest in more than 2 months on uncertainty in geo-political issues, and the possibility of no rate hikes soon. Friday, the data showed US wage growth slowed, reducing the odds of Fed rate increases this year and sending Gold to the biggest weekly […]
The DJIA Tapped at the 20,000 Mark Friday $DIA, $SPY, $QQQ, $VXX The DJIA tapped at the 20,000 mark Friday, as US stock indexes close in on all-time highs as The Trump Rally extends. The US December jobs situation report showed that wages jumped by the largest amount in 7 years, though hiring was weaker […]
US Investor Optimism Running at 9 Year Highs $DIA, $SPY, $QQQ, $VXX Investor optimism in the US is at a 9-year high as the stock market has climbed to record highs following the Election of Republican Donald Trump as President. The Wells Fargo/Gallup Investor a534870-Megan-Fox-Call-of-DutyFeatures-Star-inEpicnd Retirement Optimism Index increased in November to 96 from 79 […]
S&P 500, DJIA Hit Record Highs on Black Friday $DIA, $SPY, $QQQ, $VXX The S&P 500 and the DJIA marked record highs on Black Friday, helped by gains in consumer stocks at the start of the month long Holiday shopping season. Friday’s action has the indexes up 3 day’s running this week. The small cap […]
The Trump Rally Extends, DJIA and S&P 500 at Record Highs $DIA, $SPY, $QQQ, $VXX Wednesday, DJIA and the Standard & Poor’s 500 finished at record highs, the NAS Comp fell, dragged down by declines in big tech names. Trading was quiet ahead of the Thanksgiving Holiday weekend in the USA. Small-company stocks continued to […]
All US Major Stock Market Indexes Finished at All Time Highs $DIA, $SPY, $QQQ, $VXX All major US stock market indexes rose to record highs as the Trump Rally extends, as there is optimism that Donald Trump is going to put the US on an economic fast track The S&P 500 Index, the DJIA, the […]
Commentary: Paul Ebeling on Wall Street $DJI, $SPY, $QQQ, $VXX DJIA at 18570.85 spent last week in pause within 18450-600, and may hit fresh new this week. Especially if there are a few encouraging words from the Fed to drive it to the resistance of 18900-19000 by the end of the week. As of last week […]