June 27, 2017
Categories: Stock Market Outlook
Monday June 26 saw oil prices rise slightly while gold fell to a 6 week low. Of all the sectors on Monday, the Utilities and Telecommunications stocks were the best performing while technology stocks dropped back following the most recent recovery efforts after the tech sector collapses earlier in June. Many analysts believe that with utilities doing well, the market is signaling a recession is coming this year. We have however heard that reasoning before today. S&P Index Close The S&P index ended the day…
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June 26, 2017
Categories: Stock Market Outlook
Friday saw oil prices try to stabilize which helped the markets but then financials moved lower despite passing the latest stress tests. Friday ended the day being mixed with slight losses on the Dow and slight gains on the S&P. The best index for the day was the NASDAQ but in general all the indexes are basically moving sideways, day after day. S&P Index Close The S&P index ended the day up 3.8 points to close at 2438.30 Dow Jones Index Close The Dow Jones…
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June 22, 2017
Categories: Stock Market Outlook
Thursday saw the NASDAQ manage to hold onto a small gain as health care stocks rallied. Earlier in the day however, all 3 indexes were higher but by the close most of the gains were lost and only the NASDAQ managed a small increase. S&P Index Close The S&P index ended the day down 1.11 points to close at 2434.50 Dow Jones Index Close The Dow Jones ended down 12.74 at 21,397.29 NASDAQ Index Close The NASDAQ closed up 2.73 points to end the day…
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June 22, 2017
Categories: Stock Market Outlook
Wednesday June 21 saw the market indexes split with the continuing drop in crude oil prices pressuring the Dow Jones and the S&P indexes, while tech stocks rose, pushing the NASDAQ higher and erasing much of the losses sustained on Tuesday for the NASDAQ. S&P Index Close The S&P index ended the day down 1.42 points to close at 2435.61 Dow Jones Index Close The Dow Jones ended down 57.11 at 21,410.03 NASDAQ Index Close The NASDAQ closed up 45.92 points to end the day…
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June 20, 2017
Categories: Stock Market Outlook
With crude oil prices back falling they have wiped out all gains from 2017 and are trading at levels last seen in November 2016 (WTI). This weighed heavily on the markets. Combined with the dollar rising to a one month high against the backdrop of more hawkish comments by Fed officials and the stock markets on Tuesday, gave back much of the gains made from Monday’s rally. S&P Index Close The S&P index ended the day down 16.43 points to close at 2437.03 Dow Jones…
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June 19, 2017
Categories: Investing Strategy Notes, Stock Market Outlook, Trade Alerts and Ideas
For FullyInformed Members here are my morning investing strategy notes for Mon Jun 19 2017, as the Dow Jones and the S&P make new all-time highs once again. Today’s investing strategy notes for the morning include a number of trades I have entered or have setups in along with market comments and outlook. ....The morning Investing Strategy Notes are for FullyInformed Members. Morning Investing Strategy Notes For June 19 2017 FullyInformed Members can read this article through this link Members can sign in to the…
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June 17, 2017
Categories: Stock Market Outlook
With Father’s Day coming up on the weekend I hope everyone has a wonderful time. Holidays remind us of the importance of family and friends. For Saturday here is a bit of a review and some articles to reflect upon. NASDAQ- Second Week of June 2017 I am leading with the biggest story of the week which is the decline in the NASDAQ. After weeks of climbing and leading the markets higher, the NASDAQ index broke down starting last Friday. This week it failed to…
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June 15, 2017
Categories: Stock Market Outlook
The technology sector fell another half a percent on Thursday although there are signs the sellers are tiring. Meanwhile the dollar rose to its highest level in two weeks against major currencies. Crude oil continued its decline keeping pressure on energy stocks as the price of oil fell another half a percent as Libya and Nigeria continue to bring more oil to market while OPEC countries work to curtail oil production. Selling was heaviest in the morning and by the close indexes were well off…
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June 14, 2017
Categories: Stock Market Outlook
All three indexes moved higher on Tuesday with the S&P within 5 points of the all-time intraday high set last Friday, and closing today at a new closing high of 2440.35. The Dow made a new all-time intraday high and a new closing high of 21,328.47 pretty well unscathed by the two-day NASDAQ sell-off. The NASDAQ meanwhile moved up 44.90 points to gain 0.73% on Tuesday, closing at 6220.37. This leaves the NASDAQ lower by 121.33 points from its all-time high of 6341.70. Support…
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June 8, 2017
Categories: Stock Market Outlook
All three indexes ended with slight gains on Thursday. All 3 indexes also reached for new highs on Thursday and the NASDAQ and Dow Jones Indexes both made new all-time highs before pulling back. Considering the extraordinary events of the day, with former FBI Director James Comey testifying before congress, it was bullish to see stocks still manage to squeeze out gains on Thursday. S&P Index Close The S&P index ended the day up 0.65 points to close at 2433.79 Dow Jones Index…
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June 1, 2017
Categories: Stock Market Outlook
All three indexes moved higher on Thursday ahead of the May jobs numbers due out before the markets open on Friday. Much of the strength came from the ADP numbers which showed private payrolls in May rose by 253,000, well ahead of analysts forecasts averaging 185,000. As well, factory activity rose to 54.9 from April’s 54.8 showing expansion in the economy is continuing. While these reports increased the likelihood of a Fed funds rate increase in June, investors also took them to mean that the…
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June 1, 2017
Categories: Stock Market Outlook
This is a special commentary for Thu Jun 1 2017 which covers the stock market outlook, the Trade Ahead Of Earnings Strategy, Super Charge Buy-Write Strategy trades and other comments and strategy notes for the first day of June. Special Commentary for June 1 2017 This Special Commentary is for FullyInformed members.. FullyInformed Members can read this article through this link Members can sign in to the full members site here Non-members can join here or review the benefits of a membership Stay FullyInformed With…
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May 30, 2017
Categories: Stock Market Outlook
The day after Memorial Day holiday, Tuesday saw some rather lackluster trading as oil prices moved lower. Energy stocks pulled back along with bank stocks leaving all three indexes with slight losses. S&P Index Close The S&P index ended the day down 2.91 points to close at 2412.91 Dow Jones Index Close The Dow Jones ended down 50.81 to close at 21,029.47 NASDAQ Index Close The NASDAQ closed down 7 points to end the day at 6203.19 Stock Market Outlook Chart Comments At The…
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May 29, 2017
Categories: Stock Market Outlook
Friday saw low volume ahead of the Memorial Day long weekend. The outlook had been for a flat day for stocks which is what we saw. Tuesday May 30 though, should be different. S&P Index Close The S&P index ended the day up 0.75 points to close at 2415.82 Dow Jones Index Close The Dow Jones ended down 2.67 to close at 21,080.28 NASDAQ Index Close The NASDAQ closed up 4.93 points to end the day at 6210.19 Stock Market Outlook Chart Comments At The…
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May 26, 2017
Categories: Stock Market Outlook
Thursday saw the S&P and the Nasdaq set new all-time highs. The Dow ended the day within a few points of reaching its all-time high. The market moved higher through much of the day building on Wednesday’s rally following the Fed’s minutes. S&P Index Close The S&P index ended the day up 10.68 points to close at 2415.07 Dow Jones Index Close The Dow Jones ended up 70.53to close at 21,082.95 NASDAQ Index Close The NASDAQ closed up 42.24 points to end the day…
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