Record Week On Wall Street The major indices vaulted to fresh record highs last week after the Fed signaled it is ready to cut rates in July. The S&P 500 crossed above 3,000 for the first time ever and the Dow Jones Industrial Average topped 27,000. The Nasdaq composite also hit a fresh record high…
Stocks Flirt With New Record Highs The market is flirting with fresh record highs after the G-20 trade truce and hopes for more easy money from global central banks returned to the fore. Last week, the S&P 500 hit a fresh record high while the Dow Jones Industrial Average and the Nasdaq Composite both hit…
Stocks Pause Ahead of G-20 Meeting The market ended mixed last week as the Dow Jones Industrial Average, S&P 500, Nasdaq Composite, & Nasdaq 100 fell while the small-cap Russell 2000 rallied. The fact that the Russell rallied is a subtle but important bullish divergence and suggests the market can easily rip higher if a…
Stocks Hit New Highs On More Easy Money From Global Central Banks The S&P 500 hit a fresh record high last week after global central banks pushed for more easy money. The Dow Jones Industrial Average, Nasdaq Composite, Nasdaq 100, and small-cap Russell 2000 index are all trading just below their record highs. The big…