Stocks ended the week with a small uptick 56 points to close at 31,097. Trading volume was well off from the prior day and both IBD and BTS indicators remain positive. For the Week the Dow came away with a 502 point gain or roughly 1.64% to an all time high. December’s nonfarm payroll report…Read more
About: Cleo Hernandez
Recent Posts by Cleo Hernandez
Stocks bolted to a new high after Congress certified the Electoral College results officially making Joe Biden the 46th President-elect of the United States. Outgoing President Trump promised an orderly transition of power and markets responded by setting a new high. At the close the Dow was up 211 at 31,041. Trading volume was lower…Read more
The markets responded to the Georgia election results with a rotation into value stocks like banks and material companies and out of tech stocks. At the close the Dow was up 437 at 30,829. Trading volume was up and both IBD and BTS continue to show markets in rally mode. The election results were a…Read more
With all eyes on Georgia the markets traded higher today and at the close the Dow was up 167 at 30,391 on heavy trading volume. Both IBD and BTS indicators remain positive. The latest IHS Market manufacturing PMI declined from 57.1 to 56.3 meaning that growth rates slowed a bit in December. According to IHS…Read more
Recent Comments by Cleo Hernandez
No comments by Cleo Hernandez yet.