All Blog Entries

Stocks jumped out of the starting gate on Wednesday with the indices opening gaps along the way. The Dow gained over 300-points while the broader indices did even better with the Nasdaq and small caps leading the way. Strong earnings after the bell from Dow component Disney helped push the futures even higher after the close. Bonds were up slightly as yields dipped. The dollar was down slightly.

...

Stocks open flat and mixed on Tuesday but they caught a bid around 10 AM ET and a major rally ensued. The Dow gained 372-points, and despite some issues with a few large tech stocks, the Nasdaq and small caps led on the upside on a day with few catalysts. The indices are up against some resistance and it looks like a make or break area. A gap up open above resistance would probably frustrate the most people, so that's a possibility. Bonds were down as yields made a new high.

...

It was a slow but volatile day for stocks to start the week. The Dow gained a point, giving up a solid triple digit gain late. The broader indices were mixed as large tech stocks held back the Nasdaq and S&P 500, while small caps held onto a moderate gain. Bonds were up as yields backed off slightly from Friday's big move higher. The dollar was relatively flat but the chart looks troublesome.

...

Despite a small loss in the Dow, stocks were quite strong on Friday, and the S&P 500 was up four out of five days last week triggered by big name earnings reports. Friday's initial catalyst for the rally was earnings from Amazon, while a big jobs report may have been too hot for the market. The one down day last week was a doozy when the S&P lost 112-points after Meta (Facebook) reported. The jobs report sent yields higher on Friday, so the volatility continued and we come into the new ...

Economic Calendar


-- Intrepid Timer

...