stock market today
Stock Market Today: Strong Job Report
June 2, 2023, 1:33 pm EDT Strong Job Report Non-farm payrolls in May surprised the market with a strong result. New jobs were added by 339K in May which exceeded the forecasted 190K number by a big ga...
Stock Market Today: Banks New Low
May 4, 2023, 1:01 pm EDT Banks New Low After Fed Chairman Jerome Powell’s statement yesterday, banks tanked again. Technically, money center banks (C, BAC, WFC) were near their low points about a mont...
Stock Market Today: Deteriorated Core Sectors
April 4, 2023, 10:32 pm EDT Deteriorated Core Sectors Deteriorated Core Sectors including industry, financial, energy and material painted a bearish picture for today’s market. Although major indexes ...
Stock Market Today: Wobbling Along With Inflation
March 23, 2023, 10:23 pm EDT Wobbling Along With Inflation The stock market kept wobbling along with the inflation environment. Fed fund rate reaches about 5% after about a year-long rising rate polic...
Stock Market Today: Crunch Time
March 13, 2023, 5:49 pm EDT Crunch Time Although the stock market index looked stable today (DJIA -0.28%, S&P 500 -0.15%, and Nasdaq +0.45%), we consider today could be a crunch time or critical m...
Stock Market Today: Boring Stock Markets
February 27, 2023, 6:38 pm EST Boring Stock Markets The stock market was quiet last Friday and today. However, it is important to note that all major indexes were below their short-term trend (20 day-...
Stock Market Today: Breakdown of the Energy
February 17, 2023, 7:02 pm EST Breakdown of the Energy The stock market has been in a convergence pattern since last December as we mentioned on 02/09. We are still waiting for the resolution in order...
Stock Market Today: Strong Rally Again
February 7, 2023, 7:02 pm EST Strong Rally Again Fed’s comment drove up the stock market again with DJIA 0.78%, S&P 500 +1.29%, and Nasdaq +1.9%. Jerome Powell indicated that deflation might begin...
Stock Market Today: Offensive Swing
February 1, 2023, 7:14 pm EST Offensive Swing Today the stock market made a wild swing as a reaction to Fed’s meeting with another 0.25% rate hike. The Fed fund rate reached 4.5% – 4.75% as the ...