Category Archives for General

11-07-2017 Trade of the Day

Small-Caps Tumble Towards September Support  MARKET SUMMARYU.S. markets finished mixed on Tuesday with the Dow closing in the green for the 6th-straight session after setting another record high on the open. The losses were somewhat contained with the S&P 500 and Nasdaq sliding a half-point and 0.3%, respectively. However, the Russell 2000 tumbled 1.3% to […]

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11-06-2017 Trade of the Day

U.S. Markets Continue Record-Setting Pace MARKET SUMMARYU.S. markets continued their record setting pace following Monday’s push to fresh all-time highs with the Dow closing higher for the 6th-straight session. The S&P 500 is working on a 5-session win streak and came within 7 points of topping the 2,600 level, while the Nasdaq missed clearing the […]

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11-05-17 Trade of the Day

Dow / S&P 500 Up 8-Straight Weeks MARKET SUMMARYU.S. markets finished Friday mostly higher while setting record highs with the Dow and S&P 500 working on 8-week winning streaks for the first time in four years. The Nasdaq is riding a six-week winning streak after gaining 0.7% and was up nearly 1% for the week. […]

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11-02-2017 Trade of the Day

Dow Triggers Fresh All-Time High MARKET SUMMARYU.S. markets traded in a tight range throughout much of Thursday’s session before rallying in the final hour of action to push resistance. The Dow made a fresh all-time high while the S&P 500 came within two points of setting another record. The Nasdaq closed with a slight loss […]

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11-01-2017 Trade of the Day

Fed Leaves Rates Unchanged MARKET SUMMARYU.S. markets traded to fresh all-time highs on Wednesday’s open but weakened ahead of today’s FOMC announcement to finish mixed. The Dow and S&P 500 closed in positive territory for the second-straight session after peaking at intraday highs of 23,517 and 2,588, respectively. The Nasdaq tapped a record high of […]

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10-31-2017 Trade of the Day

Tech Tackles Another All-Time High MARKET SUMMARYU.S. markets closed higher ahead of Wednesday’s FOMC announcement with the Dow and S&P 500 posting their 7th-straight monthly gain. The Nasdaq set another all-time high of 6,737 while closing above the 6,700 level for the second time in three sessions. Meanwhile, the Russell 2000 led the major indexes […]

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10-30-2017 Trade of the Day

Markets Pull Back Ahead of FOMC MARKET SUMMARYU.S. markets were slightly lower to start the week and ahead of a two-day FOMC meeting that begins on Tuesday. The small-caps continue to lag and led today’s pullback with the Russell 2000 falling 1.2% and back below the 1,500 level. The Dow and S&P 500 closed mildly […]

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10-29-2017 Trade of the Day

Small-Caps Still Struggling with Resistance MARKET SUMMARYU.S. markets closed in record territory on Friday with the Dow and S&P 500 extending their weekly winning streak to 7-straight with the latter setting a fresh intraday all-time and closing high. The Nasdaq posted a strong session after rising 2.2% following better-than-expected earnings from a number of Tech […]

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10-26-2017 Trade of the Day

Tech Struggles, Holds Support MARKET SUMMARYU.S. markets somewhat rebounded on Thursday and on of the busiest day for 3Q earnings with a number of major Tech companies announcing after the close. The Dow was led my the financial stocks and came within 26 points of setting a fresh all-time high. The S&P 500 reclaimed the […]

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10-25-2017 Trade of the Day

Bears Growl, Bulls Hold Support MARKET SUMMARYU.S. markets were weak throughout Wednesday’s session with the Dow posting its worst decline since early September. The Nasdaq led Wednesday’s pullback but held 6,550 and a key level of support. The S&P also showed losses but held near-term support at 2,550. Meanwhile, the Russell 2000 fell to a […]

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