News

U.S. market indexes opened higher Tuesday continuing with momentum in U.S. stocks from the previous day. For the day the Dow Jones Industrial Average gained 222.44 points or 1.26 percent to close at 17,928.35. The S&P 500 was up 25.69 points or 1.25 percent to close at 2,084.38. The Nasdaq Composite closed 59.67 points or Read More

U.S. market indexes traded basically flat on Monday as the market valued in new economic data and possible delays in the Federal Reserve’s plans for a rate increase. For the day the Dow Jones Industrial Average closed lower at 17,705.91 for a loss of -34.72 points or -0.20 percent. The S&P 500 was higher, closing at 2,058.69 Read More

Out of the 3 main American Indexes, the Dow Jones looks right now the strongest. So currently it is better to look for bearish opportunities in the other two indexes (S&P500 and Nasdaq100). The same Daily bearish setup that exists on the S&P exists in the DOW as well, but the path to reject that Read More

Market’s opened lower Friday after the jobs report showed a jobs increase much lower than consensus. The Bureau of Labor Statistics reported an increase of 160,000 jobs and consensus was 200,000. The market rebounded slightly to end above zero for the day The Dow Jones Industrial Average closed at 17,740.50 for a loss of 79.79 Read More

U.S. market indexes continued to report losses on Thursday as economic indicators continued to be weak. For the day the Dow Jones Industrial Average closed at 17,660.44, flat for the day with a positive 0.05 percent. The S&P 500 was also higher, closing at 2,050.61 for a gain of 0.51 points or 0.02 percent. The Read More

U.S. market indexes continued to post losses on Wednesday. For the day the Dow Jones Industrial Average closed at 17,651.61 for a loss of -99.30 points or -0.56 percent. The S&P 500 was also lower, closing at 2,051.16 for a loss of -12.21 points or -0.59 percent. Economic Reports Following a first quarter report from Read More

U.S. market indexes reported losses Tuesday as manufacturing data from China combined with weak manufacturing output in the U.S. increased worries over global growth. Currencies also traded with greater volatility Tuesday after the Australian central bank reported a decrease in rates. For the day the Dow Jones Industrial Average closed at 17,750.91 for a loss Read More

U.S. market indexes traded mostly higher to start the week and month on May 2. The Dow Jones Industrial Average closed at 17,891.16 for a gain of 117.52 points or 0.66 percent. The S&P 500 Index closed at 2,081.43 for a gain of 16.13 points or 0.78 percent. U.S. market economic indicators were in the Read More

The Yearly picture of the Dow Jones Futures (chart1) shows long term signs of strength. Since year 2009, each year is making a Higher Low, and although we are in a big range for the last 3 years, the strong attempts to make a Yearly Low have failed so far. In addition, it leans on Read More

U.S Markets opened lower as investors analyzed earnings reports and data showing stagnating consumer spending with inflation remaining unchanged for the month of March. According to the Commerce Department, Personal consumption expenditures price index, excluding the volatile food and energy components, increased 0.1% March after an upward-revised increase of 0.2% in February. Peter Cardillo, chief Read More