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Showing posts from May, 2017

May 27, 2017 – Weekend Market Comment

May 27, 2017 – 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. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).


The S&P 500 index SPX, +0.03% gained 0.75 points, or less than 0.1%, to finish at a fresh all-time high of 2014.82, buoyed by gains in consumer-staples, consumer-discretionary and materials stocks, all up about 0.3%, while real estate fell 0.7%, weighing on the broad-market gauge. The Nasdaq Composite Index COMP, +0.08% rose 4.94 points, or 0.1%, to notch a record at 6,210.19. However, the Dow Jones Industrial Average DJIA, -0.01% finished 2.67 points, or less than 0.1%, lower at 21,080.28, a tiny loss but enough to keep blue-chips out of the record-setting party, albeit just 0.2% away from its own all-time high.

Here is what our charts say:


CLICK H…

May 20, 2017 – Weekend Market Comment

May 20, 2017 – 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. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page). 

U.S. stocks finished higher Friday for a second straight session of gains, but closed in negative territory for the week, unable to fully bounce back from sharp losses in the middle of the week sparked by White House drama.

The S&P 500 index SPX, +0.68% closed up 16.01 points, or 0.7%, at 2,381.73, with all of its 11 main sectors trading higher. The industrials and energy sectors led the gains both rising more than 1%.



Markets were rattled earlier this week, with investors succumbing to a drumbeat of negative news stories focused on President Donald Trump and his inner circle’s relationship with Russia. President Donald Trump declared himself the vic…