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By Jon D. Markman On October 6, 202106:28 AM Eastern
On Tuesday, buyers came out of the gate in great spirits. Stocks started higher and went on to close well. The S&P 500 gained 1% to finish at 4,345.
That puts the benchmark index comfortably...
Weiss Tech Breakout
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By Jon D. Markman On October 5, 202103:51 PM Eastern
The tech-heavy Nasdaq declined 2.15% on Monday as traders fretted over Washington politicians possibly letting the federal government default on its debt obligations.
This outcome would be...
By Jon D. Markman On October 5, 202103:33 PM Eastern
Short covering and bargain hunting this morning in beaten down technology names is pushing the S&P 500 higher. There’s no catalyst other than the indexes being extremely oversold … two standard...
By Sean Brodrick On October 5, 202112:44 PM Eastern
Wow! After a swoon yesterday, stocks are soaring today. Money is rotating in this market like … well, I was going to say a carousel, but it’s more like the Gravitron.
Did you ever ride the...
By Jon D. Markman On October 5, 202106:28 AM Eastern
Strong early gains on Monday for energy and financial issues could not stem the avalanche of selling in tech. The benchmark S&P 500 lost 1.3% to finish at 4,300. The carnage was even worse for the...
By Jon D. Markman On October 4, 202103:38 PM Eastern
Stocks are trading sharply lower. Bulls are trying to put in a bottom as we begin October. Strength for banks, industrials and energy is extremely positive, yet it’s not enough to stem worries...
Disruptors & Dominators
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By Tony Sagami On October 4, 202111:48 AM Eastern
September was a challenging month for investors:
The S&P 500 finished down 4.8%. The Nasdaq slipped 5.4%. It was the worst monthly market performance since the COVID-19 pandemic took hold...
By Jon D. Markman On October 4, 202106:28 AM Eastern
The sizzling rally for the S&P 500 came at exactly the right time on Friday.
U.S. stocks started the fourth quarter with a comeback bounce as resilient consumer spending data and manufacturing...
By Jon D. Markman On October 1, 202103:02 PM Eastern
Stocks are beginning October in the green as the S&P 500 sprints to 4,351, a gain of 1%. That’s a nice reprieve from Thursday’s later afternoon drubbing. For the month of September, the S&P 500...
Weekend Windfalls
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Do you know what the best batters in baseball do? They don’t swing at every pitch thrown their way.
They don’t chase balls out of the zone … and they remain patient at the plate.
They wait for...