U.S. Stocks Close Little Changed Ahead Of Key Inflation Data After ending the previous session modestly higher, stocks showed a lack of direction over the course of the trading day on Wednesday. Despite the choppy trading on the day, the Dow inched up to its best closing level in over three months. The major [...]
Optimism About Interest Rates Contributes To Uptick On Wall Street We all know a cyclically positive exists, but we are also at resistance. Pullback and then another push higher. I am concerned that 2024 will present a different scenario, but it is clear between jawboning on the part of the FED and clear manipulation [...]
GENERAL NEWS COMMENTARY: U.S. Stocks Finish Lackluster Session Modestly Lower Stocks showed a lack of direction over the course of the trading day on Monday, extending the lackluster performance seen during last Friday's holiday-shortened session. The major averages bounced back and forth across the unchanged line before eventually closing modestly lower. The Dow slipped [...]
May update the comments below Monday morning. Many indexes rallied to resistance this past week and technically we are quite extended with big upside gaps under the market could be filled. Neutral on the indexes here, but very tempting to go short. Note the 'Turkey Shoot' effect discussed below. Equity markets have moved higher [...]
Following the lackluster performance seen during Thursday's session, stocks continued to experience choppy trading on Friday. The major averages spent the day bouncing back and forth across the unchanged line before closing slightly higher. The S&P 500 edged up 5.78 points or 0.1 percent to 4,514.02, the Nasdaq inched up 11.81 points or 0.1 [...]
GENERAL NEWS: After moving sharply higher over the past few sessions, stocks turned in a relatively lackluster performance during trading on Thursday. The major averages spent most of the session modestly below the unchanged line but ended the day narrowly mixed. The Dow climbed well off its worst levels of the day in late-day trading [...]
GENERAL NEWS: Following the substantial rally seen in the previous session, stocks saw some further upside during trading on Wednesday. The major averages fluctuated over the course of the session but managed to end the day modestly higher. The Nasdaq inched up 9.45 points or 0.1 percent to a three-month closing high of [...]
U.S. MARKETS: With tamer than expected inflation data generating considerable buying interest, stocks showed a substantial move to the upside during trading on Tuesday. The major averages all moved sharply higher after ending Monday's trading narrowly mixed. The major averages pulled back off their highs of the session going into the close but still posted [...]
U.S. MARKETS: After recovering from an early move to the downside, stocks turned in a lackluster performance throughout much of the trading session on Monday. The major averages spent most of the afternoon lingering near the unchanged line. The major averages eventually ended the day narrowly mixed. While the Dow inched up 54.77 points [...]
https://www.howestreet.com/2023/11/seasonality-could-boost-markets-to-a-record-mark-leibovit/ SEASONALITY COULD BOOST MARKETS TO A RECORD U.S. MARKETS: Following the sharp pullback seen Thursday afternoon, stocks showed a substantial move back to the upside during trading on Friday. The Nasdaq surged to a nearly two-month closing high, while the Dow and the S&P 500 reached their best closing levels in well over [...]
