Staying in touch with current events and market action is important for trading success. This blog contains topics of interest that relate to individual stocks, market indices, market sectors/industries, and ETFs.
On Thursday, the market opened up and advanced for the day, erasing more than half of the losses from Monday. The Nasdaq gained +45 points (+1.14%), the S&P rose +21 points (+1.24%), and the Dow increased by +188 points (+1.22%). Volume was lighter… On Wednesday, the market opened down and declined further in the morning session, retesting Monday's low. The lows held, and the market was able to rise and close in the upper end of the day's range. But this is the second day in a row that the… January experienced the worst monthly market decline since 2012, and February started out with increased market weakness. Investors bailed out of stocks Monday in a broad sell off which saw the Dow decline -326 points. The Nasdaq broke support at the… Last week the market closed down for the second week in a row. The S&P 500 lost -0.43%, the Nasdaq Composite slipped -0.59%, and the Dow gave up -1.14%. The S&P has fallen -3.8% off the January highs. January had the market's worst monthly… On Thursday,the market opened up and continued higher until 1:00 p.m., then price moved sideways and declined into the close. While the market did not finish the day strong, it did make significant gains. The Nasdaq Composite gained +74 points…ProTrend ProFiles
Bears Still in Control
Market Struggles to Rebound
Market Losses Worsen
January Marks Worst Month Since 2012
Market Gains on Thursday
Historically, August is one of the 4 worst performing months for the S&P 500 (source: Stock Trader's Almanac). This year, the S&P's performance in August fit the history, falling -2.8% during a market correction. The large, blue arrow represents the month of August....keep reading