The stock market continued its record run after tagging another round of all-time highs on Friday following the mid-week rate cut by the Fed. The bullishness off the April 7th lows has now created several of support the bears need to crack before the major indexes start to show signs of topping out. The […]
Category Archives: Market News
The major indexes tapped another round of all-time and 52-week highs on Friday but were mixed on the close after key resistance levels were cleared earlier in the week. The charts show upside of another 2%-3% over the near-term and there are a number of events coming up that could help or hinder the current […]
Record Highs Back in Focus For the week, the Nasdaq was up 1.1% and the S&P added 0.3%. The Dow slipped 0.3% while the Russell gained 1%. Year-to-date, the Nasdaq has jumped 12.4% and the S&P has advanced 10.2%. The Dow is up 6.7% and the Russell has rallied 7%, for 2025. The major indexes […]
For the week, the Nasdaq was down 0.2% while the S&P was off 0.1%. The Dow dipped 0.2% while the Russell added five points. Year-to-date, the Nasdaq has jumped 11.1% and the S&P has advanced 9.8%. The Dow is up 7.1% and the Russell has popped 6%, for 2025. Despite Friday’s slippage, the small-caps […]
Record Highs and Overbought Conditions Remain in Focus For the week, the Nasdaq gained 1.5% and the S&P was up 0.6%. The Dow slipped 0.1% while the Russell added 0.3%. Year-to-date, the Nasdaq has rallied 8.2% while the S&P is higher by 7.1%. The Dow has added 4.1% and the Russell is up 10 points, […]
The major indexes cleared two levels of resistance last week on Tuesday’s breakout of the mini trading ranges from the prior week, while testing February resistance levels on Thursday and Friday. The higher highs sets up and explosive situation heading into the second quarter earnings season that starts in a couple of weeks. The 4% […]