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Showing posts from November, 2018

November 24, 2018 – Weekend Market Comment

November 24, 2018 – Dow falls more than 150 points, posts worst Thanksgiving week decline since 2011.
Stocks closed lower in shortened session on Wall Street Friday as energy stocks declined along with the price of oil.

Trading volume was light with the markets open for only a half day after the Thanksgiving holiday. The S&P 500 index fell 17.37 points, or 0.7%, to 2,632.56. The Dow Jones Industrial Average lost 178.74 points, or 0.7%, to 24,285.95. The NASDAQ composite dropped 33.27 points, or 0.5%, to 6,938.98. The Russell 2000 index of smaller-company stocks picked up 0.40 points, or 0.03%, to 1,488.68. For the week, the NASDAQ declined 308.89 points, or 4.3%.



100 Series: In Market? Aggressive or Defensive?   
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! 101 Bull Bear

BEAR MARKET - Technically still green over red, but obviously done. The dark green 50-day average is down 250-day average is down. Green and Red look fated to converge. Bear Market, expect bearish outcomes.