Sponsored By: Today’s Summary Wednesday, August 14th, 2019 Indices: US stocks had their worst day of 2019 today with the Dow Jones Industrial Average falling 800 points or 3.05%. The S&P 500 and Nasdaq fell 2.93% and 3.02%respectively. Sectors: All 11 sectors of the S&P 500 were lower. Utilities led, falling 0.82%. Energy lagged, dropping 3.92%. Commodities: Crude Oil futures were lower by 3.33% to $55.17 per barrel. Gold futures […]
Archives for August 2019
Chart of the Day – Wednesday, August 14th 2019
Today’s Chart of the Day was shared on Twitter by Michael Batnick (@michaelbatnick). It’s a dot plot showing the daily percentage change of the Dow Jones Industrial Average over the past 100 years. Today was without a doubt an ugly day for stocks with the Dow dropping 3.05%. There were a lot of headlines pointing out […]
Daily Chart Report ? Tuesday, August 13th, 2019
Sponsored By: Today’s Summary Tuesday, August 13th, 2019 Indices: US stocks were higher in today’s session with the Dow Jones Industrial Average gaining 373 points or 1.44%. The Nasdaq outperformed the rest of the major indices, gaining 1.95%. Sectors: All 11 sectors of the S&P 500 were higher. Technology led, gaining 2.52%. Financials lagged but still inched higher by 0.05%. Commodities: Crude Oil futures rose 3.84% to $57.07 […]
Trendless Markets
The legendary Paul Tudor Jones once said: “Markets trend only about 15 percent of the time; the rest of the time they move sideways.” When you think about this quote in the context of today’s stock market it’s clear that we’re in the midst of that 85% of the time when markets move sideways. In […]
Chart of the Day – Tuesday, August 13th 2019
Today’s Chart of the Day was shared on Twitter by Michael Kahn (@mnkahn). It’s a daily bar chart of Gold over the past year. Gold has had a terrific run this year and is actually outperforming the S&P 500 year-to-date. Michael notes that it may be a good time to “ease up on the gas” […]
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