by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
Halfway through the year the major indexes are about where they were in mid-April (mid-Feb for the Dow Industrials) – not much movement since then, just range-bound choppiness. That was apparent again last week as the down-up-down weekly pattern continued. Seeing...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
Overall another dull summer week for the U.S. stock market. Some tech stocks rallied a bit from recent selloffs, raising the Nasdaq Composite Index, but the Dow and S&P500 were little changed. Just not enough conviction in either direction from enough...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
Institutional investors continued to take profits in many tech stocks, selling at highs, thus driving down the Nasdaq Composite Index for a second week. This may simply reflect typical seasonal behavior or could be a pre-emptive response to information/forecasts they...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
Market movement was mixed, with industrial stocks rising to move the DowJones Industrials Index upward, but tech stocks selling off to leave the Nasdaq Composite and S&P500 Indexes lower. This is June after all, so not surprising that market momentum has stalled,...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
Market bias continued upward, after some encouraging mid-week economic reports and despite Friday’s offsetting poor employment report. Institutions took the sum of these reports as an indication of modest economic growth without danger of rapid inflation, a positive...
