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Showing posts from July, 2018

July 28, 2018 – Weekend Market Comment

July 28, 2018 – Stocks fell on the last days of this week as a rollover in technology shares led by Facebook, Netflix, Intel and Twitter offset strong economic data. Tech stocks had their second straight day of steep losses. On Thursday, the sector dropped more than 1.5 percent as Facebook posted its worst day ever. Shares of Intel and Twitter led the charge lower on Friday, falling after the release of their latest quarterly results. Intel dropped more than 8 percent despite reporting better-than-expected earnings. Twitter, which reported earnings that matched expectations, dropped more than 19 percent after it said its number of monthly active users fell.

The Dow Jones Industrial Average traded 35 points with Intel as the biggest laggard on the 30-stock index. The S&P 500 fell 0.5 percent with tech dropping 1.5 percent. The NASDAQ Composite pulled back 1 percent.





100 Series: In Market? Aggressive or Defensive?   
CLICK HERE: View 100 series charts




101 Bull Bear Bull market …

July 21, 2018 – Weekend Market Comment

July 21, 2018 – Stocks closed little changed on Friday as strong quarterly results from some of the largest U.S. companies, including Microsoft and Honeywell, counterbalanced threats made by the President to further increase tariffs on China.

The S&P 500 slipped 0.1 percent, with real estate and utilities lagging. The Dow Jones Industrial Average fell just 6 points as losses in IBM offset gains in Microsoft. The NASDAQ Composite declined 0.1 percent. For the week, the S&P 500 and NASDAQ closed slightly lower while the Dow rose 0.1 percent to post its first three-week winning streak since January. 




100 Series: In Market? Aggressive or Defensive?   
CLICK HERE: View 100 series charts




101 Bull Bear Bull market (dark green over red) the dark green 50-day average is in an upward trend. Also, the current price is still above the 50-day moving average. In the second window, we see slope is positive but fading.  BULLISHBull market -- expect bullish outcomes. ! 103 NYSE 52-week high low ma…