Stock Market News

Don’t panic…

Market Recap For Wednesday, June 11th 2014 Stocks retreated from all-time highs today on the lowest volume of the year at the NYSE. At the end of the day the S&P closed -7 points lower and the DOW had triple digit losses, down -102 points. In spite of today’s losses, all major indices remain in positive territory for […]

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DOW crawls to new record high

Market Recap For Tuesday, June 10th 2014 Today stocks ended the session mixed. The S&P made a late session push to end the day at its session high, just shy of a new all-time record close. The S&P finished the day down just a 1/2 a point. It was a lackluster day for the DOW as well. BUT […]

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What is Carl Icahn up to?

Market Recap For Monday, June 9th 2014 The bears are just nowhere to be found these days…The S&P rallied to another new all-time high, ending the day 2 points higher. The S&P has traded higher in 11 out of the last 13 sessions. The DOW made a new entry in the record books as well, […]

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You can thank these two men for today’s record highs…

Market Recap For Thursday, June 5th 2014 The European Central Bank President Mario Draghi helped lift the markets today, by lowering all 3 of its interest rates and enacting stimulus measures to help the Euro Zone. But the market enthusiasm was short lived. By the time U.S. markets opened, most of the overnight gains had disappeared […]

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S&P hits “Sweet 16”

Market Recap For Wednesday, June 4th 2014 U.S. markets crept higher today, with the S&P up +3.5 points closing at a new all-time high. This is the 16th record close this year. Meanwhile the DOW was up +15 points on the day, but unable to push past the all-time high close set on June 2nd. […]

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Getting ready for the big move?

Market Recap For Tuesday, June 3rd 2014 It was another indecisive trading day on light volume. The S&P ended the day flat, down just 3/4 of a point. The DOW finished the day 21 points lower. The E-Mini S&P currently has an average daily range of just 9.25 points, much lower than normal. The smaller ranges […]

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You don’t see this everyday…

Market Recap For Monday, June 2nd 2014 It was an unusual trading session today.  Traders waited for today’s ISM Manufacturing Index report at 10am ET and stocks initially sold off after a worse than expected number. But the Institute for Supply Management had to revise its number TWICE during the trading day, saying that the they […]

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What Happened to “Sell In May and Go Away”?

Market Recap For Sunday, June 1st 2014 Stocks ended the month of May on a high note, making new records in both the S&P and DOW. The S&P ended Friday up 3.5 points with a new all-time high of 1923.57.  The DOW finished the week at 16717.17, up 19 points and a new all-time high close. It […]

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Stocks make new highs, BUT…

Market Recap For Thursday, May 29th 2014 Stocks were higher today with the S&P making new all-time highs once again. At the end of the day the S&P was trading 10.25 points higher. The DOW added 66 points and is 17 points away from its all-time high close. In spite of the upbeat market mood, […]

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Here’s what happened in Gold today…

Market Recap For Wednesday, May 28th 2014 Stocks finished slightly lower today, ending the recent 4 day rally. During the session the S&P pushed to a new all-time high before retreating and ending the day in negative territory. The S&P ended the day down approximately 2 points and the DOW finished the session 42 points […]

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Is it time to sell Gold?

Market Recap For Tuesday, May 27th 2014 Bring out the record books…Today’s rally in stocks gave the S&P a new all-time high close. The index ended the day near session highs at 1911.91. The DOW might be trading back in positive territory for the year, but there’s still some room to move before joining the […]

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S&P finally does it!

Market Recap For Sunday, May 25th 2014 It was a light volume week leading up to the Memorial Day holiday. But that didn’t stop the S&P.  On Friday the S&P was able to close above the 1,900 mark for the FIRST time ever! At the end of the week the S&P was up 22.75 points, closing at […]

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Ready for a long weekend?

Market Recap For Thursday, May 23rd 2014 Stocks ended higher for the second consecutive day, with the S&P up 4.5 points and the DOW up 10 points. Day traders experienced a pretty boring session today with the 2nd lowest volume of the year. Only 565 million NYSE shares were traded. With a volume drop and […]

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False Alarm?

Market Recap For Wednesday, May 21st 2014 Up, Down, Up…Down? We’ve had a pretty choppy first half of the trading week, with stocks trading higher and erasing yesterday’s losses. The S&P was up 15.25 points today, while the DOW had triple digit gains, up 159 points. Traders kept an eye on today’s FOMC Meeting Minutes […]

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Is it time to SELL in May & go away?

Market Recap For Tuesday, May 20th 2014 Stocks retreated, giving up yesterday’s profits and then some. At the end of the session the S&P was down 12.25 points. The DOW finished 138 points lower. Are we starting to see the “Sell in May and go away” phenomenon? Since closing at all-time highs on 5/13/14, the DOW […]

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Buy Netflix (NFLX)?

Market Recap For Monday, May 19th 2014 Stocks started the week on a positive note with all major indices ending the day higher. The S&P opened the day in negative territory, but a slow and steady rally lifted the S&P, eventually ending the day near session highs. At the end of the session the S&P was up […]

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Is the crash coming?

Market Recap For Thursday, May 15th 2014 It was another down day for the markets, with the S&P down 18 points. The S&P is down -1.4% since making all-time highs 2 trading days ago. The DOW had another triple digit losing day, down 167 points. Meanwhile the Russell 2000, a “market to watch” in yesterday’s […]

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What about the Russell?

Market Recap For Wednesday, May 14th 2014 Stocks were down today, with small cap and internet stocks leading the move lower. Both the S&P and DOW opened the U.S. session lower and never looked back, ending the day near session lows. After the dust settled the S&P was 9 points lower on the day. With a triple digit 101 […]

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