[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] Put simply, the tape remains exceptionally split. The major indices are under a little pressure as they gave back most of this week’s gains and all turned negative for the week except for the small-cap Russell 2000. The Dow industrials is on track for its 3rd weekly decline and…
[su_heading style=”modern-2-dark” size=”20″] Housekeeping [/su_heading] [dummy_text] [su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] The major indexes remain very strong as all the major averages remain perched near their respective 2015 and record highs. Earlier today, stocks rallied after news spread that yet another deal will get down to kick the can down the road and avoid an…
[su_heading style=”modern-2-dark” size=”20″] Market Update: Transports Drag Market Lower[/su_heading] The Dow Jones Industrial Average, the benchmark S&P 500, small-cap Russell 2000, and Nasdaq composite all fell last week but rallied for the month. The latest reading on U.S. Q1 GDP fell 0.7%, beating the government’s estimate for a decline of 0.8%. Economists now believe that…
[su_heading style=”modern-2-dark” size=”20″] Housekeeping [/su_heading] Due to the shortened holiday week, this will be our only intra-week update (unless market conditions worsen significantly). [su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] In a normal (non EASY MONEY addicted environment), we would say the sloppy action we are seeing up here is not healthy and typically will lead to…