Market Update 2017 Archives

 

Market Update - Thursday 07/13/17 4:00 PM EDT
US stocks tacked on a few more points on top of yesterday's new highs. The DJIA gained 20 points (0.1%) and the NASDAQ added 13 points (0.3%).

Stay tuned!

 

Market Update - Wednesday 07/12/17 4:00 PM EDT
US stocks jumped at the open and held most of that ground to close at new record highs. The DJIA gained 123 points (0.6%) and the NASDAQ led the way higher with a 68 point gain (1.1%).

Stay tuned!

 

Market Update - Tuesday 07/11/17 4:00 PM EDT
US stocks zigged and zagged and ended the day little changed. The DJIA gained a point (0.0%) and the NASDAQ led the way higher with a 17 point gain (0.3%).

Stay tuned!

 

Market Update - Monday 07/10/17 4:00 PM EDT
US stocks traded mixed in relatively quiet trading. The DJIA slipped 6 points (0.0%) and the NASDAQ led the way higher with a 23 point gain (0.4%).

Stay tuned!

 

Market Update - Friday 07/07/17 4:00 PM EDT
US stocks reversed from yesterday's sell-off and recovered much of the prior day's losses. The DJIA gained 94 points (0.4%) and the NASDAQ led the way higher with a 64 point gain (1.0%).

Stay tuned!

 

Market Update - Thursday 07/06/17 4:00 PM EDT
US stocks got rocked today on renewed "fears" that global central banks are entering "quantitative tightened" mode. The DJIA tanked 158 points (0.7%) and the NASDAQ plunged 61 points (1.0%).

Stay tuned!

 

Market Update - Wednesday 07/05/17 4:00 PM EDT
US stocks put in yet another  split performance, with the DJIA slipping a point (0.0%) but the NASDAQ surged 40 points (0.7%).

Stay tuned!

 

Market Update - Tuesday 07/04/16
US markets are closed for the Independence Day holiday. Enjoy!


 

Market Update - Monday 07/03/17 4:00 PM EDT
US stocks put in yet another decidedly split performance, with the DJIA adding 129 points (0.6%) but the NASDAQ dropped 30 points (0.5%).

Stay tuned!

  

Market Update - Friday 06/30/17 4:00 PM EDT
US stocks put in another split performance, with the DJIA adding 63 points (0.3%) but  the NASDAQ slipped 4 points (0.1%).

Stay tuned!

 

Market Update - Thursday 06/29/17 4:00 PM EDT
US stocks reversed yesterday's reversal, and then some. The DJIA sank 167 points (0.8%) and the NASDAQ tanked 90 points (1.4%).

Stay tuned!

 

Market Update - Wednesday 06/28/17 4:00 PM EDT
US stocks rebounded strongly from yesterday's sell-off. The DJIA gained 144 points (0.7%) and the NASDAQ jumped 88 points (1.4%).

Stay tuned!

 

Market Update - Tuesday 06/27/17 4:00 PM EDT
US stocks got rocked, as concerns about president Trump's tax cut policy took center stage. The DJIA dropped 99 points (0.5%) and the NASDAQ plunged 100 points (1.63%).

Stay tuned!

  

Market Update - Monday 06/26/17 4:00 PM EDT
Again US stocks zigged and zagged and ended little changed on the day. The DJIA added 15 points (0.1%) and the NASDAQ slipped 18 points (0.3%).

Stay tuned!

 

Market Update - Friday 06/23/17 4:00 PM EDT
Again US stocks zigged and zagged and ended little changed on the day. The DJIA slipped 2 points (0.0%) and the NASDAQ gained 29 points (0.3%).

Stay tuned!

 

Market Update - Thursday 06/22/17 4:00 PM EDT
US stocks zigged and zagged and ended little changed on the day. The DJIA slipped 12 points (0.1%) and the NASDAQ edged higher by 3 points (0.0%).

Stay tuned!

 

Market Update - Wednesday 06/21/17 4:00 PM EDT
US stocks put in another split performance, often viewed by market analysts as a sign of a change in trend. The DJIA dropped 57 points (0.3%) but the NASDAQ surged 46 points (0.7%).

Stay tuned!

 

Market Update - Tuesday 06/20/17 4:00 PM EDT
US stocks retreated from record levels with a solid decline. The DJIA dropped 61 points (0.3%) and the NASDAQ tanked 51 points (0.8%).

Stay tuned!

 

Market Update - Monday 06/19/17 4:00 PM EDT
US stocks jumped out of the gates and went on to close at new highs. The DJIA gained 144 points (0.7%) and the NASDAQ surged 87 points (1.4%).

Stay tuned!

 

Market Update - Friday 06/16/17 4:00 PM EDT
US stocks ended the week with another split decision. The DJIA gained 24 points (0.1%) and the NASDAQ dropped 13 points (0.2%).

Stay tuned next week!

 

Market Update - Thursday 06/15/17 4:00 PM EDT
US stocks opened sharply lower but then worked their way higher to cut the day's losses. The DJIA ended down 14 points (0.1%) and the NASDAQ dropped 25 points (0.4%).

Stay tuned!

 

Market Update - Wednesday 06/14/17 4:00 PM EDT
It was another split decision on Wall Street as US stocks turned in another mixed performance. The DJIA gained 46 points (0.2%) to a new closing high but  the NASDAQ dropped 25 points (0.4%).

Stay tuned!

 

Market Update - Tuesday 06/13/17 4:00 PM EDT
US stocks rebounded from the tech sell-off of the last few days and posted solid advances. The DJIA gained 62 points (0.4%) and the NASDAQ jumped 44 points (0.7%).

Stay tuned!

 

Market Update - Monday 06/12/17 4:00 PM EDT
US stocks picked up where they left off last week, to the downside on concerns about tech leader Apple getting a downgrade. The DJIA zigged and zagged its way to a 36 point loss (0.2%). The NASDAQ dropped 32 points (0.5%).

Stay tuned!

 

Market Update - Friday 06/09/17 4:00 PM EDT
US stocks ended the week on the psychiatrist's couch, suffering from schizophrenia. The DJIA zigged and zagged all over the place and ended 85 points (0.1%) higher, to new record territory. But the real story was the NASDAQ, which plunged 113 points (1.8%) on fears that the tech bubble is over.

Stay tuned next week!

 

Market Update - Thursday 06/08/17 4:00 PM EDT
US stocks opened flat, then zigged and zagged to close modestly higher. The DJIA gained 8 points (0.1%) and the NASDAQ advanced 24 points (0.4%).

Stay tuned!
 

Market Update - Wednesday 06/07/17 4:00 PM EDT
US stocks opened a bit higher and then went a net nowhere. The DJIA gained 37 points (0.2%) and the NASDAQ advanced 22 points (0.4%).

Stay tuned!
 

Market Update - Tuesday 06/06/17 4:00 PM EDT
US stocks opened a bit lower and then went a net nowhere. The DJIA lost 48 points (0.3%) and the NASDAQ dropped 20 points (0.3%).

Stay tuned!

Market Update - Monday 06/05/17 4:00 PM EDT
US stocks consolidated recent gains and traded slightly to the downside. The DJIA lost 22 points (0.1%) and the NASDAQ slipped 10 points (0.2%).

Stay tuned!

 

Market Update - Friday 06/02/17 4:00 PM EDT
US stocks continued the Paris Withdrawal Rally, closing at record highs again. The DJIA gained another 62 points (0.3%) and the NASDAQ jumped 59 points (0.9%).

Stay tuned!
 

Market Update - Thursday 06/01/17 4:00 PM EDT
US stocks zoomed higher in anticipation of President Trump pulling the plug on US participation in the Paris Climate Change accords. The DJIA jumped 135 points (0.6%) and the NASDAQ surged 48 points (0.8%).

Stay tuned!

 

Market Update - Wednesday 05/31/17 4:00 PM EDT
US stocks opened lower and then rallied into the close to cut the day's losses. The DJIA ended down 20 points (0.1%) and the NASDAQ slipped 5 points (0.1%).

Stay tuned!

 

Market Update - Tuesday 05/30/17 4:00 PM EDT
US stocks opened a bit lower and stayed there the rest of the day. The DJIA dropped 50 points (0.2%) and the NASDAQ slipped 7 points (0.1%).

Stay tuned!

 

Market Update - Monday 05/29/17 4:00 PM EDT
US markets closed in observance of Memorial Day.

 

Market Update - Friday 05/26/17 4:00 PM EDT
After the furious rally over the last week, US stocks settled down today. The DJIA slipped 2 points (0.0%) and the NASDAQ edged higher by 5 points (0.1%) to a new closing high.

Stay tuned!

Market Update - Thursday 05/25/17 4:00 PM EDT
What correction? US stocks have completely erased last Wednesday's massive sell-off and powered upward and onward. The DJIA gained 70 points (0.3%) and the NASDAQ jumped another 42 points (0.7%) to a new closing high.

Stay tuned!

Market Update - Wednesday 05/24/17 4:00 PM EDT
US stocks have completely erased last Wednesday's massive sell-off. The DJIA gained 74 points (0.4%) and the NASDAQ tacked on 24 points (0.4%).

Stay tuned!

Market Update - Tuesday 05/23/17 4:00 PM EDT
US stocks have just about fully recovered from last Wednesday's massive sell-off. The DJIA gained 43 points (0.2%) and the NASDAQ tacked on 5 points (0.1%).

Stay tuned!

Market Update - Monday 05/22/17 4:00 PM EDT
US stocks continued the rebound from Wednesday's massive sell-off. The DJIA jumped 90 points (0.4%) and the NASDAQ advanced 50 points (0.8%).

So did last week's major sell-off mark the end of the "Trump Bull Market?" Have the bears really come out of hibernation? Stay tuned!

Market Update - Friday 05/19/17 4:00 PM EDT
US stocks continued the rebound from Wednesday's massive sell-off. The DJIA jumped 142 points (0.7%) and the NASDAQ advanced 29 points (0.5%).

So did this week's major sell-off mark the end of the "Trump Bull Market?" Have the bears really come out of hibernation? Stay tuned!

Market Update - Thursday 05/18/17 4:00 PM EDT
US stocks rebounded a bit from yesterday's massive sell-off. The DJIA gained 56 points (0.2%) and the NASDAQ advanced 44 points (0.7%).

So did yesterday's major sell-off mark the end of the "Trump Bull Market?" Have the bears really come out of hibernation? Stay tuned!

Market Update - Wednesday 05/17/17 4:00 PM EDT
US stocks got whacked badly today, which the pundits attributed to increasing doubts about Donald Trump's leadership abilities and his pro-business tax cut agenda. The DJIA plunged 372 points (1.8%) and the NASDAQ cratered 159 points (2.6%).

So did today's major sell-off mark the end of the "Trump Bull Market?" Have the bears really come out of hibernation? Stay tuned!

Market Update - Tuesday 05/16/17 4:00 PM EDT
US stocks turned in a mixed performance. The DJIA slipped a couple of points (0.0%) but the NASDAQ keeps on chugging to another record high, adding 20 points (0.3%).

Stay tuned!

Market Update - Monday 05/15/17 4:00 PM EDT
US stocks jumped higher at the open and then settled into a narrow range. The DJIA gained  85 points (0.4%) and the NASDAQ added 28 points (0.4%) to a new record high.

Stay tuned!

Market Update - Friday 05/12/17 4:00 PM EDT
Back on track, US markets traded mixed in quiet trading. The DJIA dropped 24 points (0.1%) and the NASDAQ edged higher by 5 points (0.1%).

Stay tuned!

Market Update - Thursday 05/11/17 4:00 PM EDT
US stocks plunged at the open, but then reversed and ran higher to cut the day's losses. The DJIA dropped 32 points (0.2%) and the NASDAQ slipped 14 points (0.1%).

Stay tuned!

Market Update - Wednesday 05/10/17 4:00 PM EDT
Again, US markets traded mixed in quiet trading. The DJIA dropped 32 points (0.2%) and the NASDAQ added 8 points (0.1%).

Stay tuned!

Market Update - Tuesday 05/09/17 4:00 PM EDT
US markets traded mixed in quiet trading. The DJIA dropped 36 points (0.2%) and the NASDAQ tacked on 17 points (0.3%).

Stay tuned!

Market Update - Monday 05/08/17 4:00 PM EDT
US markets inched higher in quiet trading to start the week. The DJIA added 5 points (0.0%) and the NASDAQ tacked on 2 points (0.0%).

Stay tuned!

Market Update - Friday 05/05/17 4:00 PM EDT
US markets closed the week solidly higher. The DJIA added 55 points (0.3%) and the NASDAQ tacked on 25 points (0.4%).

Stay tuned!

Market Update - Thursday 05/04/17 4:00 PM EDT
US markets were narrowly mixed again today. The DJIA slipped 6 points (0.0%) and the NASDAQ edged higher by 2 points (0.0%).

Stay tuned!

Market Update - Wednesday 05/03/17 4:00 PM EDT
US markets were narrowly mixed in quiet trading today. The DJIA added 8 points (0.1%) and the NASDAQ dropped 22 points (0.4%).

Stay tuned!

Market Update - Tuesday 05/02/17 4:00 PM EDT
US markets traded modestly higher today. The DJIA added 36 points (0.2%) and the NASDAQ tacked on 4 points (0.1%).

Stay tuned!

Market Update - Monday 05/01/17 4:00 PM EDT
US markets turned in a split decision again today. The DJIA fell 27 points (0.2%) but the NASDAQ jumped 44 points (0.7%).

Stay tuned!

Market Update - Friday 04/28/17 4:00 PM EDT
US markets were relatively calm again today, following the fireworks earlier in the week. The DJIA fell 40 points (0.2%) but the NASDAQ held firm, slipping one point (0.0%).

Stay tuned!

Market Update - Thursday 04/20/17 4:00 PM EDT
For the fourth day in a row, the DJIA moved more than 100 points, this time to the upside. The DJIA jumped 174 points (0.9%) but the Nasdaq gained 53 points (0.9%).

Stay tuned!

Market Update - Wednesday 04/19/17 4:00 PM EDT
The up, down, up, down action continued as US stocks closed mixed today. The DJIA dropped 119 points (0.6%) but the Nasdaq gained 13 points (0.2%).

Stay tuned!

Market Update - Tuesday 04/18/17 4:00 PM EDT
Up, down, up, down... US stocks have gone a net nowhere over the last week. Following yesterday's big gains, stocks reversed today and closed lower. The DJIA dropped 114 points (0.6%) and the Nasdaq slipped 7 points (0.1%).

Stay tuned!

Market Update - Monday 04/17/17 4:00 PM EDT
US stocks more than recovered from Thursday's "bombing" in response to the so-called MOAB bomb, the Mother of All Bombs, unleashed on Afghanistan. The DJIA gained 183 points (0.9%) and the Nasdaq tanked 51 points (0.9%).

Stay tuned!

Market Update - Thursday 04/13/17 4:00 PM EDT
US stocks got "bombed" today, perhaps in response to US forces dropping the so-called MOAB bomb, the Mother of All Bombs, on Afghanistan. The DJIA dropped 139 points (0.7%) and the Nasdaq tanked 31 points (0.5%).

Note: US markets will be closed tomorrow in observance of Good Friday, but stay tuned next week!

Market Update - Thursday 04/13/17 4:00 PM EDT
US stocks got "bombed" today, perhaps in response to US forces dropping the so-called MOAB bomb, the Mother of All Bombs, on Afghanistan. The DJIA dropped 139 points (0.7%) and the Nasdaq tanked 31 points (0.5%).

Note: US markets will be closed tomorrow in observance of Good Friday, but stay tuned next week!

Market Update - Wednesday 04/12/17 4:00 PM EDT
US stocks drifted lower in quiet trading. The DJIA dropped 59 points (0.3%) and the Nasdaq fell 31 points (0.5%).

Stay tuned!

Market Update - Tuesday 04/11/17 4:00 PM EDT
Yet again US stocks zigged and zagged and ended little changed in quiet trading, despite the increased tensions over Syria. The DJIA slipped 6 points (0.0%) and the Nasdaq dropped 14 points (0.2%).

Stay tuned!

Market Update - Monday 04/10/17 4:00 PM EDT
US stocks zigged and zagged and ended little changed in quiet trading, despite the increased tensions over Syria. The DJIA eked out a 2 point gain (0.0%) and the Nasdaq added 3 points (0.0%).

Stay tuned!

Market Update - Friday 04/07/17 4:00 PM EDT
US stocks ended the week little changed in quiet trading, despite the increased activity in Syria. The DJIA slipped 7 points (0.1%) and the Nasdaq lost a point (0.0%).

Stay tuned!

Market Update -Thursday 04/06/17 4:00 PM EDT
US stocks zigged and zagged a bit and ended slightly higher The DJIA gained 14 points (0.1%) and the Nasdaq also gained 14 points (0.2%).

With tonight US missile attack on Syria, the markets could be facing a big hit tomorrow. Stay tuned!

Market Update -Wednesday 04/05/17 4:00 PM EDT
US stocks zoomed higher at the open, but then somebody hit the brakes. After being up more than 200 points, the DJIA plunged and then closed down 41 points (0.2%) on the day. The Nasdaq ended down 34 points (0.6%).

Stay tuned!

Market Update -Tuesday 04/04/17 4:00 PM EDT
US stocks gained a bit more ground in relatively quiet trading. The DJIA gained 39 points (0.2%). The Nasdaq tacked on 4 points (0.1%).

Stay tuned!

Market Update -Monday 04/03/17 4:00 PM EDT
US stocks plunged in morning trading but then mounted an impressive rebound into the close to sharply cut the day's losses. The DJIA, down over 125 points early in the day, closed down 13 points (0.1%). The Nasdaq dropped 17 points (0.3%)

Stay tuned!

Market Update -Friday 03/31/17 4:00 PM EDT
US stocks lost a bit of ground today in quiet trading. The DJIA dropped 65 points (0.3%), giving back almost all of the prior day's gains. The Nasdaq lost a couple of points (0.0%)

Stay tuned!

Market Update -Thursday 03/30/17 4:00 PM EDT
US stocks zigged and zagged their way higher in quiet trading. The DJIA gained 67 points (0.3%) but the Nasdaq gained 24 points (0.4%)

Stay tuned!

Market Update -Wednesday 03/29/17 4:00 PM EDT
US stocks traded mixed in quiet trading. The DJIA lost 42 points (0.3%) but the Nasdaq gained 22 points (0.4%)

Stay tuned!

Market Update -Tuesday 03/28/17 4:00 PM EDT
With the DJIA down more than 700 points since peaking on March 1, US stocks finally staged a strong rebound. The DJIA jumped 150 points (0.8%) and the Nasdaq gained 34 points (0.6%)

So are the bulls back in charge?" Was today just a "dead-cat bounce?" Stay tuned!

Market Update - Monday 03/27/17 4:00 PM EDT
US stocks opened sharply lower, but then mounted a solid rebound onto the close. The DJIA ended down 45 points (0.2%) and the Nasdaq gained 11 points (0.2%)

The DJIA has now lost almost 700 points (intraday) since peaking on March 1 at 21,115. So is the rally over? Is the entire Trump Bull Market over? Have the bears finally come out of hibernation? Stay tuned!

Market Update - Friday 03/24/17 4:00 PM EDT
US stocks zigged and zagged and went a net nowhere again as the fate of the health care reform bill again took center stage. The DJIA dropped 60 points (0.3%) but the Nasdaq gained 11 points (0.2%)

The DJIA has now lost almost 500 points (intraday) since peaking on March 1 at 21,115. So is the rally over? Is the entire Trump Bull Market over? Have the bears finally come out of hibernation? Stay tuned!

Market Update - Thursday 03/23/17 4:00 PM EDT
US stocks zigged and zagged and went a net nowhere as the fate of the health care reform bill took center stage. The DJIA slipped 5 points (0.0%) and the Nasdaq lost 4 points (0.1%)

The DJIA has now lost almost 500 points (intraday) since peaking on March 1 at 21,115. So is the rally over? Is the entire Trump Bull Market over? Have the bears finally come out of hibernation? Stay tuned! 


Market Update - Wednesday 03/22/17 4:00 PM EDT
US stocks settled down after yesterday's sharp losses. The DJIA slipped 6 points (0.1%) and the Nasdaq rebounded 27 points (0.5%)

The DJIA has now lost almost 500 points (intraday) since peaking on March 1 at 21,115. So is the rally over? Is the entire Trump Bull Market over? Have the bears finally come out of hibernation? Stay tuned! 


Market Update - Tuesday 03/21/17 4:00 PM EDT
US stocks got rocked today in the worst decline of the year, on concerns that President Trump's health care and tax reforms may get bogged down in Congress. The DJIA plunged 237 points (1.1%) and the Nasdaq tanked 108 points (1.9%)

The DJIA has now lost almost 500 points (intraday) since peaking on March 1 at 21,115. So is the rally over? Is the entire Trump Bull Market over? Have the bears finally come out of hibernation? Stay tuned! 


Market Update - Monday 03/20/17 4:00 PM EDT
US stocks were little changed today as many traders has their eyes on testimony on Capital Hill rather than on Wall Street. The DJIA slipped 9 points (0.1%) and in a statistical oddity, the Nasdaq inched higher by less than a point for the third session in a row.

Stay tuned! 


Market Update - Friday 03/17/17 4:00 PM EDT
US stocks celebrated St. Patrick's Day with a big yawn. The DJIA slipped 20 points (0.1%) and the Nasdaq again inched higher by less than a point.

So is this the last gasp of an already overextended bull market? Or the launch of fresh rally? Or a big bull/bear trap? Stay tuned! 

Market Update - Thursday 03/16/17 4:00 PM EST
There was no follow-through to Wednesday's rally, as US stocks were little changed in quiet trading. The DJIA slipped 16 points (0.1%) and the Nasdaq was flat.

So is this the last gasp of an already overextended bull market? Or the launch of fresh rally? Or a big bull/bear trap? Stay tuned! 


Market Update - Wednesday 03/15/17 4:00 PM EST
"The Ides of March" has come and gone. Fed Head Grandma delivered exactly what 99% of the pundits were expecting: a modest hike in interest rates. US stocks reacted as if she had cut rates rather than hiked them. The DJIA jumped 112 points (0.5%) and the Nasdaq surged  43 points (0.7%).

Is this the last gasp of an already overextended bull market? Or the launch of fresh rally? Or a big bull/bear trap? Stay tuned! 


Market Update - Tuesday 03/14/17 4:00 PM EST
The pundits tell us that "all eyes are on Janet Yellen" as the Fed moves to raise interest rates tomorrow.

For about the 20th time so far this year, US stocks dropped sharply at the open and then then rallied into the close to cut the day's losses in half. The DJIA ended down 44 points (0.2%) and the Nasdaq lost 19 points (0.3%).

The DJIA has now lost more than 300 points (intraday) since peaking on March 1 at 21,115. So is the rally over? Is the entire Bull Market over? Have the bears finally come out of hibernation? Stay tuned! 


Market Update - Monday 03/13/17 4:00 PM EST
US stocks traded mixed in relatively quiet trading. The DJIA slipped 21 points (0.12%) but the Nasdaq added 14 points (0.2%).

Last week's losses notwithstanding, the markets have gone mad for Donald Trump. The last time stocks moved so far so fast, was in 1987. Many traders on Wall Street were not even alive 30 years ago. Suffice it to say, 1987 did not end well. Stay tuned! 

Market Update - Friday 03/10/17 4:00 PM EST
US stocks zigged and zagged their way higher into the close. The DJIA ended higher by 42 points (0.2%) and the Nasdaq added 22 points (0.4%).

This week's losses (so far) notwithstanding, the markets have gone mad for Donald Trump. The last time stocks moved so far so fast, was in 1987. Many traders on Wall Street were not even alive 30 years ago. Suffice it to say, 1987 did not end well. Stay tuned! 

Market Update -Thursday 03/09/17 4:00 PM EST
US stocks went a net nowhere, zigging and zagging to the downside then rallying into the close. The DJIA edged higher by 2 points (0.0%) and the Nasdaq ticked higher by a point (0.0%).

This week's losses (so far) notwithstanding, the markets have gone mad for Donald Trump. The last time stocks moved so far so fast, was in 1987. Many traders on Wall Street were not even alive 30 years ago. Suffice it to say, 1987 did not end well. Stay tuned! 

Market Update -Wednesday 03/08/17 4:00 PM EST
US stocks traded mostly in the red for the third day in a row, the first time that has happened in many months. The DJIA dropped 70 points (0.3%) and the Nasdaq managed to hold on to a 3 point gain (0.3%).

This week's losses (so far) notwithstanding, the markets have gone mad for Donald Trump. The last time stocks moved so far so fast, was in 1987. Many traders on Wall Street were not even alive 30 years ago. Suffice it to say, 1987 did not end well. Stay tuned! 

Market Update -Tuesday 03/07/17 4:00 PM EST
US stocks lost a bit of ground again today, consolidating the recent massive gains. The DJIA dropped 30 points (0.2%) and the Nasdaq slipped 15 points (0.3%).

The markets have gone mad for Donald Trump. The last time stocks moved so far so fast, was in 1987. Many traders on Wall Street were not even alive 30 years ago. Suffice it to say, 1987 did not end well. Stay tuned! 

Market Update -Monday 03/06/17 4:00 PM EST
US stocks lost ground today, consolidating the recent massive gains. The DJIA dropped 51 points (0.2%) and the Nasdaq slipped 21 points (0.4%).

The markets have gone mad for Donald Trump. The last time stocks moved so far so fast, was in 1987. Many traders on Wall Street were not even alive 30 years ago. Suffice it to say, it did not end well. Stay tuned! 

Market Update -Friday 03/03/17 4:00 PM EST
US stocks were little changed in quiet trading today. The DJIA "soared" 2 points (0.0%) and the Nasdaq gained 9 points (0.1%).

The markets have gone mad for Donald Trump. The last time stocks moved so far so fast, was in 1987. Many traders on Wall Street were not even alive 30 years ago. Suffice it to say, it did not end well. Stay tuned! 

Market Update -Thursday 03/02/17 4:00 PM EST
The Trump Bull Market finally took a breather, with US stocks pulling back today. The DJIA dropped 113 points (0.5%) and the Nasdaq slumped 42 points (0.7%).

The markets have gone mad for Donald Trump. The last time stocks moved so far so fast, was in 1987. Many traders on Wall Street were not even alive 30 years ago. Suffice it to say, it did not end well. Stay tuned! 

Market Update -Wednesday 03/01/17 4:00 PM EST
There's no other word for it: euphoria. Dave Kranzler at Sprott Money summed it up very nicely: Insanity Prevails In The Stock Market.

The DJIA rocketed higher by 303 points (1.4%) and the Nasdaq soared 79 points (1.4%).

The markets have gone mad for Donald Trump. The last time stocks moved so far so fast, was in 1987. Many traders on Wall Street were not even alive 30 years ago. Suffice it to say, it did not end well. Stay tuned!

Market Update - Tuesday 02/28/17 4:00 PM EST
OMG! Stop the presses! US stocks did not hit new record highs today!

For the first time in 11 trading session, US stocks fell. It was a small decline, but a decline nonetheless. The DJIA slipped 25 points (0.1%) and the NASDAQ dropped 36 points (0.6%).

So is this the end of the Trump Train Bull Market? Probably not. But at least the bears finally showed their shadow. Stay tuned!

Market Update - Monday 02/27/17 4:00 PM EST
Another day, another gain and record highs for US stocks, for the 11th day in a row!

As Art Cashin points out in an interview at King World News

the Dow being up nine consecutive record closes has only happened five times since 1897.  And in virtually all of those cases it didn’t end well. 

The DJIA closed higher today by 16 points (0.1%) and the NASDAQ also added 16 points (0.3%).

Can anything stop this Runaway Trump Train Bull Market? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Friday 02/24/17 4:00 PM EST
US stocks traded lower for most of the day, until, almost miraculously, a late rally brought the markets into the green for the 11th day in a row, The DJIA closed higher by 11 points (0.1%) and the NASDAQ added 10 points (0.5%).

Can anything stop this Runaway Trump Train Bull Market? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Thursday 02/23/17 4:00 PM EST
US stocks traded mixed in a relatively quiet session. The DJIA gained another 35 points (0.2%) but the NASDAQ dropped 25 points (0.5%).

Can anything stop this Runaway Trump Train Bull Market? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Wednesday 02/22/17 4:00 PM EST
US stocks traded mixed in a relatively quiet session. The DJIA gained 33 points (0.2%) but the NASDAQ slipped 5 points (0.1%).

Can anything stop this Runaway Trump Train Bull Market? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Tuesday 02/21/17 4:00 PM EST
The balloon continues to inflate as US stocks took off yet again. The DJIA jumped another 119 points (0.6%) and the NASDAQ tacked on 27 points (0.5%), both to new all-time highs.

Can anything stop this Runaway Trump Train Bull Market? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Monday 02/20/17 4:00 PM EST
US markets closed in observance of President's Day.

President's Day

Market Update - Friday 02/17/17 4:00 PM EST
US stocks traded to the upside, with the NASDAQ leading the way. The DJIA added by 4 points (0.1%) and the NASDAQ gained 24 points (0.4%).

Can anything stop this Runaway Trump Train Bull Market? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Thursday 02/16/17 4:00 PM EST
US stocks traded little changed, for a change. The DJIA added by 7 points (0.1%) and the NASDAQ slipped 4 points (0.0%).

Can anything stop this Runaway Trump Train Bull Market? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Wednesday 02/15/17 4:00 PM EST
The balloon continues to inflate as US stocks took off yet again. The DJIA jumped another 106 points (0.5%) and the NASDAQ tacked on 36 points (0.6%), both to new all-time highs.

Can anything stop this Runaway Trump Train Bull Market? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Tuesday 02/14/17 4:00 PM EST
The balloon continues to inflate as US stocks took off again. The DJIA jumped another 92 points (0.4%) and the NASDAQ tacked on 18 points (0.3%), both to new all-time highs.

After surpassing the much-watched DJIA 20,000 level, the big question is "now what?" Is this the start of a new bull market? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Monday 02/13/17 4:00 PM EST
The balloon continues to inflate as US stocks took off again. The DJIA soared 142 points (0.7%) and the NASDAQ tacked on 30 points (0.5%), both to new all-time highs.

After surpassing the much-watched DJIA 20,000 level, the big question is "now what?" Is this the start of a new bull market? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Friday 02/10/17 4:00 PM EST
US stocks are firmly in the 5th Dimension: "Up, Up and Away!" The DJIA gained 97 points (0.5%) and the NASDAQ tacked on 19 points (0.4%).

After surpassing the much-watched DJIA 20,000 level, the big question is "now what?" Is this the start of a new bull market? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Thursday 02/09/17 4:00 PM EST
US stocks took off at the open, taking the markets to new highs before pulling back a bit in thto the close. The DJIA jumped 118 points (0.6%) and the NASDAQ tacked on 32 points (0.5%).

After surpassing the much-watched DJIA 20,000 level, the big question is "now what?" Is this the start of a new bull market? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Wednesday 02/08/17 4:00 PM EST
US stocks traded mixed in relatively quiet trading today. The DJIA dropped 36 points (0.2%) and the NASDAQ tacked on 8 points (0.1%).

After surpassing the much-watched DJIA 20,000 level, the big question is "now what?" Is this the start of a new bull market? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Tuesday 02/07/17 4:00 PM EST
US stocks spiked higher at the open, but then reversed and gave back much of the gains by the close. The DJIA added 38 points (0.2%) and the NASDAQ tacked on 10 points (0.2%).

After surpassing the much-watched DJIA 20,000 level, the big question is "now what?" Is this the start of a new bull market? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Monday 02/06/17 4:00 PM EST
US stocks edged lower in quiet trading today. The DJIA slipped 19 points (0.1%) and the NASDAQ lost 3 points (0.0%).

After surpassing the much-watched DJIA 20,000 level, the big question is "now what?" Is this the start of a new bull market? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Friday 02/03/17 4:00 PM EST
The Trump Bull Market Train got back on track today as Wall Street focused on the strong jobs report. The DJIA gained 186 points (0.9%) and the NASDAQ added 30 points (0.5%).

After surpassing the much-watched DJIA 20,000 level, the big question is "what now?" Is this the start of a new bull market? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Thursday 02/02/17 4:00 PM EST
US stocks were little changed in quiet trading today (for a change). The DJIA gained 6 points (0.0%) and the NASDAQ also added 6 points (0.1%).

After surpassing the much-watched DJIA 20,000 level, the big question is "what now?" Will the Trump Train keep on rolling? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Wednesday 02/01/17 4:00 PM EST
US stocks jumped at the open, but then gave back about half of the early gains by the close. The DJIA gained 25 points (0.1%). The NASDAQ added 28 points (0.5%).

After surpassing the much-watched DJIA 20,000 level, the big question is "what now?" Will the Trump Train keep on rolling? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Tuesday 01/31/17 4:00 PM EST
US stocks got rocked again today at the open, but recovered in the afternoon to close mixed. The DJIA ended down 107 points (0.5%). The NASDAQ gained a point (0.0%).

After surpassing the much-watched DJIA 20,000 level, the big question now is "what now?" Will the Trump Train keep on rolling? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Monday 01/30/17 4:00 PM EST
US stocks got rocked today, following the brouhaha over president Trump's executive order restricting immigration to the US. The DJIA slid 122 points (0.6%), bring the average back below the much-watched 20,000 level to 19,971. The NASDAQ dropped 47 points (0.8%).

After surpassing the much-watched DJIA 20,000 level, the big question is "what now?" Will the Trump Train keep on rolling? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Friday 01/27/17 4:00 PM EST
US stocks continued to consolidate recent gains, and traded mixed today. The DJIA slipped 7 points (0.0%) and the NASDAQ edged higher by 5 points (0.1%).

After surpassing the much-watched DJIA 20,000 level, the big question is "what now?" Will the Trump Train keep on rolling? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Thursday 01/26/17 4:00 PM EST
US stocks consolidated recent gains and traded mixed today. The DJIA tacked on another 32 points (0.2%) to 20,100. The NASDAQ slipped a point (0.0%).

After surpassing the much-watched DJIA 20,000 level, the big question now is "what now?" Will the Trump Train keep on rolling? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Wednesday 01/25/17 4:00 PM EST
They're "partying like it was 2000" on Wall Street as the DJIA finally did it, closing above the much-watched 20,000 level. The DJIA soared 155 points (0.8%) to 20,068. The NASDAQ jumped 55 points (1.0%).

After surpassing the much-watched DJIA 20,000 level, the big question now is "what now?" Will the Trump Train keep on rolling? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Tuesday 01/24/17 4:00 PM EST
US stocks took off at the opening bell and didn't look back. The DJIA gained 112 points (0.6%) and the NASDAQ surged 49 points (0.8%).

So what will the new president bring for the markets? Stay tuned!


Market Update - Monday 01/23/17 4:00 PM EST
US stocks opened sharply lower but then rallied in the afternoon to cut the day's losses. The DJIA ended down 27 points (0.2%) and the NASDAQ slipped 2 points (0.0%).

So what will the new president bring for the markets? Stay tuned!


Market Update - Friday 01/20/17 4:00 PM EST
US stocks celebrated Donald Trump's inauguration with a solid gain. The DJIA jumped 94 points (0.5%) and the NASDAQ gained 15 points (0.3%).

So what will the new president bring for the markets? Stay tuned!

Market Update - Thursday 01/19/17 4:00 PM EST
US stocks dropped, as "all eyes" are on Washington DC and incoming president Donald Trump. The DJIA dropped for the fourth straight day, briefly falling below 19,700 before bouncing a bit to close down 72 points (0.4%). The DJIA has now lost 300 points since missing 20,000 "by that much" nearly two weeks ago. The NASDAQ fell 16 points (0.3%).

What will the new president bring for the markets? Stay tuned!

Market Update - Wednesday 01/18/17 4:00 PM EST
US stocks zigged and zagged in a relatively narrow range and ended mixed. The DJIA dropped 22 points (0.1%) to 19,805 and the NASDAQ gained 16 points (0.3%).

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Tuesday 01/17/17 4:00 PM EST
US stocks opened to the downside, then tried to rally, but sold off sharply into the close. The DJIA dropped 59 points (0.3%) to 19,827 and the NASDAQ lost 36 points (0.6%).

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Monday 01/16/17
US markets closed in honor of Dr. Martin Luther King, Jr. holiday.

Dr. Martin Lutehr King, Jr.


Market Update - Friday 01/13/17 4:00 PM EST
US stocks traded mixed again. The DJIA dipped 5 points (0.0%) to 19,886 and the NASDAQ surged 26 points (0.5%).

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Thursday 01/12/17 4:00 PM EST
US stocks plunged at the opening, but then reversed course and mounted a strong rally in the afternoon to close lower but well off the morning lows. The DJIA ended down 63 points (0.3%) to 19,891. The NASDAQ slipped 16 points (0.3%).

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Wednesday 01/11/17 4:00 PM EST
US stocks zigged and zagged their way to a higher close. The DJIA led the way, gaining 89 points (0.5%) to 19,855. The NASDAQ tacked on 6 points (0.1%).

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Tuesday 01/10/17 4:00 PM EST
US stocks again traded mixed, as again the DJIA pulled away from the elusive 20,000 goal line. The DJIA dropped 22 points (0.1%) to 19,855. The NASDAQ continued its run to new highs, gaining another 20 points (0.3%).

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Monday 01/09/17 4:00 PM EST
US stocks traded mixed, as yet again the DJIA pulled away from the elusive 20,000 goal line. The DJIA dropped 76 points (0.4%) to 19,887. The NASDAQ continued its run to new highs, gaining another 11 points (0.2%).

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Friday 01/06/17 4:00 PM EST
US stocks opened lower but then turned on the rockets to close higher. The DJIA came within an inch of the magical 20,000 target before retreating in the final hour to close at 19,963, up 64 points (0.3%). The NASDAQ added 36 points (0.6%) to a new record high.

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!

Market Update - Thursday 01/05/17 4:00 PM EST
US stocks opened lower and kept on going until about noon, when all of a sudden it reversed and rallied. The DJIA cut its loses to close down only 42 points (0.2%). The NASDAQ added 10 points (0.3%).

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Wednesday 01/04/17 4:00 PM EST
US stocks rallied toady, bringing the DJIA within striking distance of the 20,000 target. The DJIA gained 609 points (0.3%) to 19,942 and the NASDAQ surged 48 points (0.9%).

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Tuesday 01/03/17 4:00 PM EST
US stocks jumped at the open and then zigged and zagged to close solidly higher. The DJIA gained 119 points (0.8%) to 19,881 and the NASDAQ surged 46 points (0.9%).

Will the "Trump bull market" ever carry the DJIA to 20,000? If it does, the big question is "what then?" What will the new year bring for the markets? Will the bears ever come out of hibernation? Stay tuned!


Market Update - Monday 01/02/17
US and most world markets are closed today in celebration of the new year.

Happy New YEar





 

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