Sponsored By: Today’s Summary Monday, October 3rd, 2022 Indices: Dow +2.66% | Russell 2000 +2.65% | S&P 500 +2.59% | Nasdaq 100 +2.36% Sectors: All 11 sectors closed higher. Energy led by a wide margin, gaining +5.65%. Consumer Discretionary lagged but still inched higher by +0.10%. Commodities: Crude Oil futures rose +5.21% to $83.63 per barrel. Gold futures gained +1.79% to $1,702 per ounce. Currencies: The US Dollar Index fell -0.46%. Crypto: Bitcoin rose +2.88% to $19,600. Ethereum […]
Archives for October 2022
Chart of the Day – Monday, October 3rd, 2022
Today’s Chart of the Day was shared by Jeff Hirsch of the Stock Traders Almanac (@AlmanacTrader). Seasonal and cyclical trends have been working against investors all year. We’re coming off the weakest month, within the weakest year of the 4-year Presidential Cycle. The good news is that we’re currently in the ‘Sweet Spot’ where a lot of these cyclical headwinds start […]
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