Nasdaq Composite closed up 1.06% or $220 billion for the week; the S&P 500 rose .85%, $115 billion. Markets are said to “climb a wall of worry,” this time is no different. Have a great weekend, spend a little extra, and give back! #digitaladvisor 1db.com
read more S&P 500 + NASDAQ = RECORD LEVELSCategory: Blog
Dow Theory is Worth a Look
Dow Theory is a century-old stock-market supposition that has been used to forecast the stock market’s directional trend. Dow Theory assumes for an upwardly bias/economic tendency to continue, and be confirmed, both the Dow Jones Industrial Average (DJI) and Dow Jones Transportation Average (DJT) should be moving in the same direction. Assumably, if the DJI
read more Dow Theory is Worth a LookSince this bull market began back in 2009, November has been frequently profitable for shareholders.
The S&P 500 completed its fourth trading session for the month of November near record levels. Since this bull market began back in 2009, November has been frequently profitable for shareholders. Notably, the index has already reached its monthly 1.3% average gain for the entire month. 5.7% was the biggest move back in ’09; the
read more Since this bull market began back in 2009, November has been frequently profitable for shareholders.S&P 500 Hits Intraday Record High, Why?
#PositiveNews #StocksHitRecordHighs America added 128,000 new hires to the workforce in October, 39k more than economists’ estimates. Stocks are rallying on the report, why? At closer inspection, the real nugget of information appears to be in the revisions (upward) for August and September; both numbers were noticeably above their 12-month average. Recession? invest.1db.com/bls1019hashtag#digitaladvisor
read more S&P 500 Hits Intraday Record High, Why?Stocks Soar to All-Time Highs
#PositiveNews Stocks soared to all-time highs (ATH) on the Fed’s quarter-point interest rate cut. The S&P 500 closed at 3046.77, setting its 15th ATH of the year. Since this bull market began back on March 3, 2009, the S&P 500 has closed 222 times at record levels. @1DB
read more Stocks Soar to All-Time Highs