Market still remains vulnerable! Make or break set-up is forming!
March 22. 2015
Market Review
U.S. stocks closed out the week with strong gains. For the week, the Dow Jones Industrial Average soared 2.1 percent to end at 18,127.65. The S&P 500 rocketed 2.7 percent from last Friday's close to finish at 2,108.06. The Nasdaq gained 3.2 percent during the week to end at 5,026.42. The tech-index had its best weekly gain since the week ending October 31 as the index approached its 15-year record closing high of 5,048.62. Most key S&P sectors finished higher, led by health care and utilities, while materials ended in the red. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 13. Read MoreConsolidation could turn out to be corrective! Time to place a stop-loss limit!
March 15. 2015
Market Review
Stocks ended lower after a quite volatile week of trading. In the end, the Dow Jones Industrial Average lost 0.6 percent during the week to close at 17,749.31. The S&P 500 slipped 0.9 percent to 2,053.40 in the week. The Nasdaq lost 1.1 percent over the week to end at 4,871.76. Most key S&P sectors ended in negative territory for the week, led by energy. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 16. Read MoreShort-term weaknesses, long-term strength!
March 08. 2015
Market Review
U.S. stocks recorded a second straight week of losses. The Dow Jones Industrial Average fell 1.5 percent in five trading days to end at 18,056.78. The S&P 500 recorded a 1.6 percent loss over the week and closed at 2,071.26. The broad index suffered its steepest decline in two months. The Nasdaq dropped 0.7 percent for the week to 4,927.47. All key S&P sectors ended in negative territory for the week led by utilities. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 15. Read MoreHealthy breather possible!
March 01. 2015
