Month: April 2015

April 26. 2015

Market Review

U.S. stocks ended the week with solid gains pushing the main indices to new record highs. The Dow Jones Industrial Average added 1.4 percent over the week to end at 18,080.14. The S&P 500 recorded a 1.8 percent gain over the week to close at a record high of 2,117.70. The Nasdaq advanced 3.3 percent from last Friday's close to finish at a record high of 5,092.08. The technology-laden index posted the biggest weekly gain since October 2014. All key S&P sectors finished positive for the week, led by technology. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 12. Read More

April 19. 2015

Market Review

U.S. stocks finished the week in negative territory. The Dow Jones Industrial Average lost 1.3 percent for the week to end at 17,826.10. The S&P 500 declined 1.0 percent from last Friday?s close to finish at 2,081.16. Both the S&P 500 and Dow recorded their first weekly losses after two consecutive weeks of gains. The Nasdaq lost 1.3 percent over the week to 4,931.81. Among the key S&P sectors energy was the only gainer. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 14. Read More

April 12. 2015

Market Review

In line with our recent call, U.S. stocks ended the week with strong gains. The Dow Jones Industrial Average advanced 1.7 percent over the week to end at 18,057.65. The S&P 500 recorded also a 1.7 percent gain over the week and closed at 2,102.05. The Nasdaq climbed 2.2 percent for the week to 4,995.98. All key S&P sectors ended in positive territory for the week led by energy. The Chicago Board Options Exchange Volatility Index (VIX), the gauge of S&P 500 options known as the VIX, dropped to 12.51. Read More

April 05. 2015

Market Review

U.S. stocks finished the Easter-shortened week nearly unchanged. For the week the Dow Jones Industrial Average advanced 0.3 percent to end at 17,763.24. The S&P 500 rose 0.3 percent over the week to 2,066.96. The Nasdaq lost 0.1 percent for the week to end at 4,886.94. Most key S&P sectors ended in positive territory for the week, led by utilities. Health care was the only decliner. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 14.7. Read More