Daily Market Commentary: Markets Hold Up Well
It was a good stint for the market with volume rising to register a modest… Source
Tag Archives: Market Commentary
Market Commentary – Sept 8
Stocks shed substantial ground on Tuesday as financial stocks led the decline after four successive days of gains in US markets. The market cooled off from last week’s rally while worries over the health of European banks returned. Renewed worries about European banks weighed on financial stocks and investors flocked to such safe-haven assets such [...]
Daily Market Commentary: 200-day MAs Offer Frustration But Technicals Net Positive
There was little more to expect after three days of gains that the week would start… Source
Weekly Market Commentary: Tech Close To MACD Trigger ‘Buy
Last week’s rally has drawn markets back into the middle of their trading ranges,… Source
Market Commentary – Sept 4
Stocks advanced further in US Friday, as the investors braced the improved hopes created by private sector adding 67,000 jobs. This was higher than 44000 fresh jobs that were expected to be created by private sector last month. The Dow Jones industrial average gained 127.83 points, or 1.26%. The S&P 500 gained almost 14 points, [...]
Market Commentary – Sept 3
Stocks advanced further in US Thursday, as the investors braced the fall in the initial jobless claims in past week, and improved retail sales for the month of August, boosted by tax free incentives in the season. There was an increase in pending home sales. The Dow Jones industrial average gained 50 points, or 0.5%. [...]
Daily Market Commentary: Low Volume Gains
While volume was uninspiring it was a good day for markets as they closed at their… Source
Softs Market Commentary from Jim Wyckoff
SOFTS: October sugar closed up 65 points at 20.40 cents today. Prices closed… Source
Market Commentary – Sept 2
Stocks made strong advances in US Wednesday, as the investors welcomed the encouraging PMI data for past month, and brushed aside the negative news coming out of weak ADP monthly employment report for private sector. The reading on manufacturing activity climbed in August, defying expectations of a decline and helping to calm worries about the [...]
Daily Market Commentary: Buyers Storm The Gates
A day when buyers took over the reins and didn’t look back all the way to the market… Source
Market Commentary – Sept 1
Stocks reamined almost flat in US Tuesday, as the investors remained skeptical of taking fresh buying positions, in view of mixed economic data indicators. The Dow Jones industrial average gained 4 points, or less than 0.05%. The S&P 500 advanced less than 1 point and the Nasdaq composite shed 6 points, or 0.3%. Source
Daily Market Commentary: Semiconductors Crack as Markets Pause
In the end it was a clean break; semiconductors gave up nearly 2% and the last hope… Source
Daily Market Commentary: Semiconductors Pile On The Pressure
Selling in the semiconductor index dominated the day as any hope for a bull trap… Source
Market Commentary – Aug 31
Stocks sold off sharply Monday, as the investors chose to take little note of the rise in the Personal Income level by 0.2% for the last month, and market participants remained cautious ahead of Consumer Confidence indicators, to be followed by employment situation report for last month later this week. After a lower opening, the [...]
Weekly Market Commentary: Market Not Oversold
No surprise to see markets ease lower but there has yet to be a clear drop into… Source
Daily Market Commentary: Pressures on Semiconductors
Thanks to Newark Air Traffic Control it has taken 3 days to return from the US, so… Source
Metals Market Commentary
October gold was higher overnight as it extends the rally off July’s low… Source
Market Commentary – Aug 27
Stocks sold off sharply after some early gains, as the market participants chose to ignore even a better than expected initial jobless data for the last week. The DJIA even failed to hold above the decisive 10000 points, to end up with major losses late in the session. The Dow Jones industrial average lost 74.25 [...]
Metals Market Commentary from Jim Wyckoff
PRECIOUS METALSOctober gold was higher overnight as it extends the rally off July’s… Source
Market Commentary – Aug 26
Stocks sold off sharply immediately after the weak new home sales data and poor order of durable goods in July, but managed to recover from losses as homebuilding and housing material stocks crept higher. Stocks finished higher Wednesday after spending most of the day in the red, following another round of dismal housing news. The [...]