Stay alert as tape condition continued to weaken
September 19th 2021
Market Review
U.S. stocks ended the week with losses. The Dow Jones Industrial Average dropped 0.1% from the week-ago close to 34,584.88. The blue-chip index booked its third straight week of declines and has not had a 3-week losing streak since September 2020. The S&P 500 recorded a 0.6% loss over the week and finished at 4,432.99, its second straight week of losses. The Nasdaq Composite booked a weekly fall of 0.5% to end at 15,043.97. Most key S&P sectors ended in negative territory for the week, led by the materials sectors. Discretionary and energy were the only gainers. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, increased to 20.8. Read MoreCorrection risk is back on the table!
September 12th 2021
Market Review
U.S. stocks finished the week with losses. The Dow Jones Industrial Average lost 2.2% over the week to 34,607.72. The S&P 500 booked a weekly loss of 1.7% to close at 4,458.58. The Nasdaq shed 1.6% for the week to end at 5,115.49. All key S&P sectors ended in negative territory for the week. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, increased to 21. Read MoreNarrow based rally transformed back into a more broad-based up-trend
September 5th 2021