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Showing posts from April, 2015

April 25, 2015 – Weekend Market Comment

April 25, 2015 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. For full details read my disclaimer below.

This week I am changing the format just a tad, I am adding sections in the "It all Shows Up in the Charts" section" based on why we use these charts. Here are the new sections
1. Big Picture 2. What the Experts are doing. 3. Timing and sectors 4. Special Interest and Experiments. 


The Blah Blah Blah 
U.S. stocks closed higher on Friday, with the Nasdaq setting another record as investors cheered major earnings reports. The Nasdaq Composite closed at a record for the second day in a row. The index set its first record close in 15 years on Thursday, topping the previous high from March 2000. The S&P 500 ended mildly higher for a new record close. Earlier, the index also touched a new intraday high, while the Dow struggled to shake off a decline as it…

April 18, 2015 – Weekend Market Comment

April 18, 2015 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. For full details read my disclaimer below.

The Blah Blah Blah 
U.S. stocks closed sharply lower on Friday, following negative news that sent overseas stocks lower, as investors looked ahead to a heavy week of earnings.

The major indices had their worst week since the one ended March 27, closing down about one percent for the week. The Dow Jones industrial average fell 357 points and dipped into the red for the year before coming off lows in the close to eke out a gain for 2015. The Dow Jones Industrial Average closed down 279.47 points, or 1.54 percent, at 17,826.30, with American Express falling nearly 4.5 percent to lead all 30 blue chips lower. The S&P 500 closed down 23.81 points, or 1.13 percent, at 2,081.18, with consumer discretionary and information technology falling nearly 1.5 percent to lead d…

April 12, 2015 – Weekend Market Comment

April 12, 2015 –U.S. stocks closed higher on Friday, with the Dow topping 18,000 for the first time in April as investors looked ahead to the official start of earnings season next week.
The Dow Jones Industrial Average closed up 98.92 points, or 0.55 percent, at 18,057.65, with General Electric leading advancers and Nike the greatest laggard. The index briefly added more than 100 points in afternoon trade.
The S&P 500 closed up 10.88 points, or 0.52 percent, at 2,102.06, breaking the significant resistance levels of 2,090 and 2,100. Industrials gained 1.8 percent to lead all 10 sectors higher.
The Nasdaq closed up 21.41 points, or 0.43 percent, at 4,995.98. Three stocks advanced for every two decliners on the New York Stock Exchange with an exchange volume of 671 million and a composite volume of 3.1 billion in the close.


What I Think
I think this week we had some pretty good headlines—high profile M&A that boosted confidence, especially the Shell deal (indicating there) will be m…