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  1. Can't keep this market down

    Stocks did an about face after Tuesday's sell-off as we saw those losses erased in most of the major indices. The Dow gained 144-points on the day after Tuesday's 99-point decline while the Nasdaq, which was Tuesday's loser falling 1.6% on the day, gained back 1.4% on Wednesday. The Transports and small caps joined the Nasdaq with plus 1% gains.

  2. Healthcare Bill delay. Tech faltering

    Stocks opened lower on Tuesday with the selling accelerated in the afternoon and by the close both the Dow and the Nasdaq had lost abut 100-points, with the latter being a significantly larger percentage loss. Oil was up most of the day but after hours some preliminary industry data suggested inventories are rising and much of those gains were given back.

  3. Good start to the week, but it didn't last

    Stocks started the new week with a strong early push to the upside, but the rally quickly faded and the momentum turned negative. The indices closed somewhere near the lows of the day as the Dow, up 111-points at one point, closed with a gain of 15-points. The Nasdaq lagged losing 18-points or 0.3% and produced a failed breakout from the bear flag we've been watching.

  4. Flags are flying

    It was another flat to modestly higher day for stocks on Friday as the Dow shed 3-points while the Nasdaq and small caps posted solid gains. The S&P was up slightly, as was the I-fund and bonds (F-fund). The afternoon trading saw the indices giving back early gains, but a late rally kept it a mostly positive day for stocks.

  5. Bias Remains Higher

    Last week, I said I was leaning bullish for the new week as downside pressure was not particularly worrisome. I also pointed out that breadth and liquidity remained bullish along with the smart money at NAAIM. For the week, the C and S funds were up moderately, but the I fund was down a bit.

    DOW CHART-s-p-500-png

    The S&P 500 rallied sharply last Monday to a fresh all-time high, but then reversed sharply on Tuesday with modestly dips again on Wednesday and Thursday. ...

    Updated 06-25-2017 at 09:30 AM by coolhand

S&P 500 (C Fund)
DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)
EFA (I Fund)
iShares MSCI EAFE Index (EFA)
AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)