Stocks tumble to end volatile week! More selling pressure ahead!
December 20. 2015
Market Review
U.S. stocks ended the week with losses. The Dow Jones Industrial Average lost 0.8 percent over the week to close at 17,128.45. The S&P 500 lost 0.3 percent for the week to finish at 2,005.52. The Nasdaq slid 0.2 percent for the week to end at 4,923.08. Among the 10 key S&P sectors, materials were the worst performer and utilities the best. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, held above 20. Read MoreCorrection risk is increasing as market breadth had to take a hard hit!
December 13. 2015
Market Review
The S&P 500 dropped 3.8 percent for the week to finish at 2,012.37. The Nasdaq lost 4.1 percent for the week to end at 4,933.47. Among the key S&P sectors, utilities were the best weekly performer, while energy dragged. The CBOE Volatility Index, or VIX, a measure of investor uncertainty, jumped to 24. Read MoreSituation remains quite unchanged (as market remains in consolidation mode)
December 06. 2015