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Stocks were down yesterday with small caps taking the brunt of the selling again, although volume was light and it's tough to conclude too much from the action. The Dow ended the day with a modest loss of 68-points, with a similar percentage loss for the S&P 500. The Nasdaq took a stiffer hit and small caps saw a second 1% plus loss in as many days. Bonds were up slightly.

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Originally Posted by coolhand

The last trading week of the year is seeing what appears to be profit taking and tax shifting as we wind down 2020.




Both the S&P and DWCPF were lower today. Notably, the S&P was hitting fresh all-time highs early in the trading session, but could not hold those gains. The DWCPF went lower quicker than the S&P. It was more like a bear ambush within minutes of the open. Still, the technical damage is

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The stock indices were mostly higher on Monday with some performing much better than others as we saw some rebalancing going on from money managers, and the light trading may have made it more pronounced. The Dow gained over 200-points, the S&P 500, Nasdaq, and even the I-fund were all up nicely, but small caps were down sharply, and the Transports were flat.

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Originally Posted by coolhand

Once again, the market closed mixed on the trading day. Mixed closes seem to be getting almost routine.

But this time, instead of the DWCPF leading the S&P, it was the other way around. The S&P closed almost 1% higher, while the DWCPF closed about 1% lower.




Price on the S&P closed at another all-time high. Price on the DWCPF gave up come recent gains.

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I hope everyone had a nice holiday weekend. Now back to the grind. Stocks rallied on Christmas Eve, as we'd expect on a quiet, light volume half day of trading before a holiday, although there were some pockets of weakness as we've seen investors move money from one sector to another recently, rather than all out buying across the board. The Dow gained 70-points and the S&P and Nasdaq posted moderate gains, but it was the small caps day to lag as the S-fund dipped 0.19%.

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