All Blog Entries

U.S. stocks were up again for the week thanks to a rally in front and following the monthly jobs report. The trading action early in the week was choppy and mostly in negative territory; investors were hesitant to buy more than the previous Friday's close yet positive earnings reports kept traders from selling too much.

The jump up in the price of Apple following the release of its earnings was the first big win for the bulls. More earnings reports, particularly from tech companies, ...

After a weak open that saw the Dow down nearly 200-points, stocks ended the day mixed again on Thursday. But taking the Dow, which was down 8-points, out of the equation, and it was fairly broad rally. There was a strong positive outside reversal day on the S&P 500 chart, but volume was quite light and that takes some of the thunder out of the reversal, plus it is still in the bear flag.

...

Stocks were mixed on Wednesday with the Dow shedding 81-points, and despite a rally in Apple, a Dow component, the China trade talk hit the large global companies yesterday. The Nasdaq gained 0.46% on the heals of the Apple earnings, and the S&P and small caps were each down just slightly.

...

Stocks rebounded on what could turn out to be a Turnaround-Tuesday as the Dow rallied 108-points, but the early gains faded. The indices drifted lower in afternoon trading taking them well off their highs, and so they were not able to get back all on Monday's losses, but a good part of them.

...

The new week started the same as last week ended. We saw modest losses in the Dow (-144-points) and S&P 500 (-0.58%), and the Nasdaq took another 1.4% hit. Small caps fell in between the two with a loss of about 0.85%. The I-fund held up with the help of a dip in the dollar.

...