Time to take profits!
July 21st 2019
Market Review
U.S. stocks closed the week slightly lower. For the week, the Dow Jones Industrial Average slid 0.6 percent to 27,154.20. The S&P 500finished at 2,976.61 and posted a weekly drop of 1.0 percent. The Nasdaq declined 1.0 percent from the week-ago close to 8,146.49. Most key S&P sectors finished lower, led by energy. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 14.5. Read MoreThe S&P 500 closed above 3,000 for the first time!
July 14th 2019
Market Review
U.S. stocks posted solid gains for the week with the major indexes passing multiple milestones and reaching new record highs. The Dow Jones Industrial Average added 1.5 percent over the week to end at 27,332.03. The Dow Jones Industrial Average closed above 27,000 for the first time on Thursday. The S&P 500 recorded a weekly 0.8 percent gain to close at 3,013.77. This week, the broad index notched its first close above 3.000. The Nasdaq advanced 1.0 percent from last Friday's close to finish at 8,244.14. Among the key S&P sectors, energy was the greatest gainer for the week, while health care led decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, dropped to 12.4. Read MoreThe market is moving right in line with our outlook!
July 7th 2019