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By Jon D. Markman On May 28, 202106:58 AM Eastern
Sentiment is shifting back in favor of growth. Tech is coming back as investors begin buying back shares of the most innovative companies again.
All of this is good news for our larger,...
By Jon D. Markman On May 28, 202106:28 AM Eastern
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Publication: There will be no reports on Monday or Tuesday due to the holiday.
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Trade on Thursday was like watching paint dry. The S&P 500 and the Nasdaq closed virtually...
By Jon D. Markman On May 27, 202103:07 PM Eastern
Shares are higher today after weekly initial jobless claims fell for the fourth straight week.
The Dow Jones Industrial Average rose by 0.4% to 34,470.93, with the S&P 500 up by 0.3% to 4,209.69...
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By Sean Brodrick On May 27, 202112:32 PM Eastern
Earlier this week, I told you I expected some metals weakness. And sure enough, after sticking its nose above $1,900 an ounce, gold is pulling back. I believe this is a short-term pullback as the...
By Jon D. Markman On May 27, 202106:28 AM Eastern
The S&P 500 has been moving sideways for the better part of two days. The index closed on Wednesday at 4,195, a gain of only 0.2%.
The bigger story is smaller stocks. Investors are piling into...
By Jon D. Markman On May 26, 202101:00 PM Eastern
Stocks are rising today after remarks from the Federal Reserve helped ease worries about higher inflation, while a recent dip in bond yields supported tech stocks for a third straight session.
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By Sean Brodrick On May 26, 202110:45 AM Eastern
Last week, I recommended you grab profits on your Materials Select Sector SPDR Fund (NYSE: XLB), and we track a 12.1% gain. Your gains might slightly differ.
Today, we’re grabbing the other half...
By Jon D. Markman On May 26, 202106:28 AM Eastern
The indexes opened higher on Tuesday, but faded into the close. The S&P 500 finished down 0.2%, right at the 4,188 pivot point. The tech-heavy Nasdaq closed essentially unchanged at 13,657.
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By Jon D. Markman On May 25, 202103:05 PM Eastern
Stocks are mostly lower today as investors consolidate recent gains.
Through 2 p.m. EDT, the Dow was down 45 points, or 0.13%, while the S&P 500 was down 0.15%, the Nasdaq was flat and the S&P...
By Sean Brodrick On May 25, 202111:42 AM Eastern
Gold was the best performing metal last week, up 2.05% as copper, aluminum and others crunched lower. The reason gold perked up was a combination of rising inflation fears and lower bond yields....