October 22, 2021 2:19 pm
US markets closed sideways on Thursday as a little bit before the end of the session the S&P500 reached a new record hi, finishing .30% higher. The Dow was more or less flat with .02% and the Nasdaq was boosted by techs, mostly TSLA, ending with a .62% gain. Stocks rallied for a sixth straight […]
Read moreOctober 20, 2021 7:06 am
On Tuesday the market, as measured by the broad indices, continued its upsurge, making a 5 day gains streak, the biggest since August. S&P 500 and the Dow gained .74% and .56% respectively closing nearly 1% off their historical his. The Nasdaq added .71% to its market value. The week is empty in terms of […]
Read moreOctober 18, 2021 8:27 am
The US stock markets started the week precariously but ended in quite strong and positive vibes with the S&P gaining 2.55%, the Dow 2.31%, and the Russel 2000, representing the small caps, 2.21%. On Monday morning the Crude Oil WTI is trading at USD83.52 and Brent at USD85.79 with unstoppable surges during the week adding […]
Read moreOctober 14, 2021 7:53 am
S&P 500 ceased its 3 day series of losses yesterday finishing with a .30% gain, Nasdaq outperformed with .73% and the Dow finished around flat. The market was cheered by the favorable JPM results, as the state of the major investment bank is indicative of the state of the US economy. The 10yr Treasuries’ yields […]
Read moreOctober 13, 2021 7:34 am
The major US indices finished North for a third consecutive day, after an extremely volatile September, with the Dow, S&P and Nasdaq deleting .34%, .24% and .14% respectively. This time the IMF downward revised forecast for the world GDP growth twisted the positive moods of investors – the global economy will grow with 5.9% in […]
Read moreOctober 11, 2021 6:16 am
The market pullback that began in September and brought the S&P 500 down more than 5% from its record did not prove to be a “bubble burst”. For the week ended, the S&P 500 added back 0.8% and is again just 3.4% away from its record. Even the relatively disappointing employment figures on Friday did […]
Read moreOctober 8, 2021 8:34 am
The US Markets finished on the green yesterday, with the Dow, S&P and Nasdaq adding 0.92%, 0.83% and 1.05% respectively. Two important things cheered the market – the debt ceiling deal and the favorable labor market conditions reported so far. The Senate closed in a deal to avert default right now, increasing the debt ceiling […]
Read moreOctober 6, 2021 11:16 am
Yesterday, buoyed by the better than expected ISM Services PMI report, and stimulated by dip-buying, US stocks rebounded from recent lows. The Dow Jones, S&P500 and the Nasdaq ended on the green territory with 0.92, 1.05 and 1.25% respectively. The big tech-stocks representing the Nasdaq are outperforming the broad indices by its higher beta – […]
Read moreOctober 5, 2021 9:26 am
The US indices ended its first session for the week on negative territory, dragged down mainly by techs, and other growth-driven stocks, as investors continue divesting in a rising yields’ environment. The Dow, S&P and Nasdaq deleted respectively .94, 1.3 and 2.14 from their market value. The 10 yr and 30 yr Treasuries ended with […]
Read moreOctober 1, 2021 6:25 am
The American stocks’ session dipped down on Thursday with the DJIA, S&P500, Nasdaq, shedding off 1.59%, 1.19% and 0.44% from their market values, respectively. The weak performance is sending the September results with a 4% drop, the worst month since March 2020 when the pandemics economic concerns were just reflected in the markets. As mentioned […]
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