Category Archives for General

12-05-2017 Trade of the Day

Small-Caps Get Whacked MARKET SUMMARYU.S. markets settled to the downside on Tuesday with the Dow dipping 0.5% following its run to record highs on Monday. The Nasdaq cleared 6,800 intraday but slipped another 0.2% after trying to bounce back from several sessions of under performance. The S&P 500 traded in a tight right before giving […]

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12-04-2017 Trade of the Day

Bulls Fail to Hold Record Gains MARKET SUMMARYU.S. markets closed mostly lower to start the week despite Monday morning merger news and the preliminary passage of the tax bill after Friday’s closing bell. The Dow traded to an all-time intraday high of 24,534 but added just 0.2% on the pullback afterwards. The S&P 500 pushed […]

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12-03-2017 Trade of the Day

Bulls Get Weekly Win Despite Volatility MARKET SUMMARYU.S. markets closed lower on Friday after recovering steep losses midday while managing to close the week higher. The Dow has its best week of the year after surging 2.9% but giving back 0.2% to snap a 5-session win streak. The S&P 500 also slipped 0.2% while adding […]

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11-30-2017 Trade of the Day

Dow Clears 24,000 MARKET SUMMARYU.S. markets returned to record highs following some solid economic numbers and additional support on the Senate tax reform bill. The Dow reached an all-time high of 24,327 after zooming 1.4% while the S&P 500 tapped a lifetime peak of 2,657 after rising 0.8%. Both indexes extending their monthly winning streak […]

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11-29-2017 Trade of the Day

Sector Rotation Hits Tech MARKET SUMMARYU.S. markets pushed new record highs on Wednesday’s open with selling pressure and sector rotation hitting shortly afterwards. The mixed finish was slightly bearish with the Nasdaq tumbling 1.3% while holding shaky support at the 6,800 level. The S&P 500 traded to an all-time peak just south of 2,635 before […]

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11-28-2017 Trade of the Day

Another Breakout to Fresh All-Time Highs MARKET SUMMARYU.S. markets traded to fresh all-time highs throughout Tuesday’s session despite pulling back midday on news that North Korea has fired another ballistic missile. The Dow gained 1.1% after testing 23,849 to pull within 1% of clearing the 24,000 level. The S&P 500 made a record run to […]

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11-27-2017 Trade of the Day

Dow Closes Slightly Higher MARKET SUMMARYU.S. markets started the week by setting fresh all-time highs, excluding the Russell 2000, while closing mixed to end the session. The Dow reached a record peak just south of 23,639 while holding positive territory. The S&P 500 tapped 2,606 while closing above the 2,600 for the second-straight session after […]

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11-26-2017 Trade of the Day

Bulls Breakout into Blue-Sky Territory MARKET SUMMARYU.S. markets tested fresh resistance and set new all-time highs during Friday’s shortened session to wrap up a solid week of gains. The Nasdaq showed the most strength after rising 0.3% while setting an intraday record high of 6,890. The S&P 500 gained 0.2% after trading to an all-time […]

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11-21-2017 Trade of the Day

Bulls Breakout into Blue-Sky Territory MARKET SUMMARYU.S. markets made another run to fresh all-time highs on Tuesday with the Nasdaq leading the way after gaining 1.1%. The index is just 2% away from challenging the 7,000 level following today’s dash to 6,862. The Dow and S&P 500 rose 0.7% while clearing 2,600 and 23,600 on […]

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11-20-2017 Trade of the Day

Small-Caps Clear 1,500 MARKET SUMMARYU.S. markets traded higher across the board with near-term resistance and all-time highs holding. The Russell 2000 showed the most strength after rising 0.7% while clearing the 1,500 level. The Dow gained 0.3% to clear the 23,400 level and is less than 1% away from a record high. The S&P 500 […]

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