Archives of “March 13, 2021” day
rssWith a market that is broadening out it is wise to be able to cross some lines if opportunities arise elsewhere. You can be in multiple sectors if recovery and expansion dictates.
Warren Buffett vs. S&P 500.
Actual return on S&P 500 earnings.
Nasdaq is the most efficient stock exchange.
…there is an ETF for everything credit default swaps
Seems legit… Good luck on This casino.
Dow, S&P close at another record high
Nasdaq lags once again. Russell 2000 also closes at a record
The Dow and the S&P closed at another record high.
- Dow has its best week since November
- Nasdaq index lags once again as the rotation into the major cyclicals continues
- The Russell 2000 also closed at a record level today
The final numbers are showing:
- S&P index, +3.99 points or +0.10% at 3943.33
- NASDAQ index -78.81 points or -0.59% at 13319.86
- Dow industrial average +292.46 points or 0.90% at 32778.05
For the week:
- S&P index rose 2.64%
- Dow Jones industrial average increased by 4.07%
- Nasdaq index rose by 3.09% %
Year to date:
- Dow is now up 7.1%
- S&P is up 4.99%
- Nasdaq is up 3.35%
For the Dow 30 this week, the biggest winner was Boeing. The largest drag was from Coca Cola.
Dow winners for the week:
- Boeing, +20.55%
- Walgreens, +12.73%
- Home Depot, +7.7%
- Goldman Sachs, +6.52%
- Cisco, +5.58%
- Nike, +5.32%
- Visa, +4.12%
- DuPont, +4.11%
- Caterpillar, +4.02%
Dow losers for the week:
- Coca-Cola, -0.85%
- Verizon, -0.64%
- Apple, -0.31%
- salesforce, +0.68%
- American Express, +0.82%
- Amgen, +1.14%
- Procter & Gamble, +1.65%
- Microsoft, +1.81%
- Merck, +2.04%
Other big winners for the week include:
- GameStop, +91.91%
- Koss, +88.16%
- Express, +79.67%
- AMC, +38.39%
- US steel, +30.19%
- Rite Aid +26.44%
- Box, +23.55%
- Nio, was 19.39%
- Tesla, +16.07%
- Airbnb, was 14.78%
- American Airlines, was 14.28%
- Palantir, +12.36%
Some losers this week:
- Raytheon, -17.17%
- GE, -7.5%
- DoorDash, -6.27%
- Goodrx, -5.5%
- Tencent, -5.31%
- Gilead, -4.83%
- Lam research, -4.13%
- Snowflake, -4.07%
- Alphabet, -2.25%
- Boston Scientific, -1.75%
- Micron, -1.3%
- Alibaba, -0.89%
Thought For A Day
Eurozone finance ministers to pledge continued fiscal support on Monday – report
Reuters report, citing a document
Italy is in another lockdown and case are rising in much of the continent as the vaccine rollout lags. Even without all that, those economies would need more fiscal support.
Europe is starting to fall way behind the US and it’s not a good look. Here was a line from the ECB sources story earlier today.
“Biden just came in, the bill has already passed, and the check’s going to be in the mail next week,” one source said. “Look at us in the meantime. We’ve been talking for a year and still nothing will be paid out until maybe October.”