S&P 500 reached highest level in 2016!
April 17. 2016
Market Review
U.S. stocks finished the week with solid gains. The Dow Jones Industrial Average rose 1.8 percent from the week-ago close to 17,897.46. The blue-chip index saw its strongest weekly gain in a month. The S&P 500 climbed 1.6 percent for the week to 2,080.73. The Nasdaq gained 1.8 percent over the week to 4,938.22. Among the key S&P sectors, financials were the best weekly performer and consumer staples the worst. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, edged lower to near 13.7. Read MoreToo early to panic (as bullish set-up remains unchanged)!
April 10. 2016
Market Review
U.S. stocks closed the week in negative territory. For the week, the Dow Jones Industrial Average slipped 1.2 percent to finish at 17,576.96. The S&P 500 dipped 1.2 percent in five trading days as well to end at 2,047.60. The Nasdaq slumped 1.3 percent for the week to close at 4,850.69. Most key S&P sectors finished in red, led by financials. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, declined to near 15.4. Read MoreMore confirmation for our new highs scenario!
April 03. 2016