Healthy breather possible ? Keep buying the dips!
October 18. 2015
Market Review
U.S. stocks finished another week of gains. The Dow Jones Industrial Average advanced 0.8 percent over the week to close at 17,215.97. The S&P 500 eked out a gain of 0.9 percent for the week to finish at 2,033.11. The Nasdaq rose 1.2 percent from last Friday's close and ended at 4,886.69. Among the key S&P sectors, utilities was the greatest gainer for the week, while materials and industrials were the only negative sectors for the week. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, held near 15. Read MoreBottom confirmed ? Buy the dips!
October 11. 2015
Market Review
U.S. stocks rallied for the week, with the major averages posting their biggest weekly gains in months. For the week, the Dow Jones Industrial Average jumped 3.7 percent to close at 17,084.49. The blue-chip average posted its biggest weekly gain since February. The S&P 500 soared 3.3 percent during the week to 2,014.89, its best since December. The Nasdaq climbed 2.6 percent over the week to 4,830.47. All 10 S&P sectors finished higher for the week, led by energy. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, held near 17. Read MoreSmells like bottom building, but bullish impulses missing as well!
October 04. 2015