Archives of “Nasdaq Composite” tag

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The Dow Rose 55 Points Because the U.S. and China Are Talking Trade Turkey

  
Analysis, US Market
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All three main U.S. stock indexes closed with modest gains on Tuesday, adding to Monday’s record highs. U.S.-China trade negotiations continued ahead of the Thanksgiving holiday, as representatives from both countries made another high-level call on Tuesday. Consumer confidence slipped again in November, but still remains at a relatively high level. In today’s After the Bell, we…

  • watch U.S. and China negotiators push trade talks a step further
  • gauge Trump’s position on Hong Kong’s pro-democracy movements;
  • and check on how American consumers feel in November.

Time to Be Thankful

Stocks edged up again on Tuesday as trade negotiators from the U.S. and China hold another high-level phone call to resolve core issues. The Dow Jones Industrial Average gained 55.21 points, or 0.20%, to close at 28,121.68. The S&P 500 added 6.88 points, or 0.22%, to finish at 3140.52, and the Nasdaq Composite increased 15.44 points, or 0.18%, to close at 8647.93.

Dow and S&P close at all time records. Nasdaq does not.

  
Analysis, US Market
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Dow leads the way. S&P marginally higher.  Nasdaq marginally lower

The major US indices are ending the session mixed.
  • The Dow led the way with a gain of 92.10 points or 0.33% at 27783.59
  • The S&P index ended marginally higher by 2.20 points or 0.07% at 3094.04
  • The NASDAQ index fell -3.989 points or -0.05% at 8482.10.
The record-o-meter is showing both the Dow and S&P closing at record high levels. The NASDAQ index – despite reaching new all time intraday highs – did not sustain the gains,and therefore did not close at a new all-time record high.

US stocks end the session lower and near session lows

  
Analysis, US Market
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S&P index back below the 3000 level. NASDAQ loses -0.72%

The major stock indices slid in the afternoon trading after being higher earlier in the day. The major indices are ending the session in the red, led by the NASDAQ composite index which fell -0.72%
The closes are showing:
  • the S&P index -10.65 points or -0.35% at 2996.07. The high reached 3014.57, while the low extended to 2995.04
  • the NASDAQ composite index fell 58.69 points or -0.72% at 8104.29. The high extended up 28194.62 while the low reached 8101.98
  • The Dow industrial average is closing down -39.27 points or -0.15% at 26788.32.  The high reached 26946.64.  The low extended to 26782.61

After today’s close Chipotle, snap, Texas Instruments, and Whirlpool will be releasing their earnings.

Tomorrow will be 1 of the bigger earnings day’s so far with Microsoft, Boeing, Caterpillar and others expected to release:

Wednesday, October 23

  • Boeing, BA
  • Blackstone Group, BX
  • General Dynamics, GD
  • Owens Corning, OC
  • Ford, F
  • Caterpillar, CAT
  • Celgene, CELG
  • Microsoft, MSFT
  • eBay, EBAY
  • PayPal holdings, PYPL
  • Tesla, TSLA

US stocks close near session highs for the day

  
Analysis, US Market
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Nasdaq up 1.30%.  S&P up 1.08%

The US stocks are closing not far off the highs for the day, with the Nasdaq leading the way higher. Ever sector in the S&P was higher.  Dow closes higher for the 4th time in 5 sesssions.
The final numbers are showing:
  • The S&P index closed up 31.51 points or 1.08% at 2937.78
  • The Nasdaq index closed up 102.72 points or 1.30% at 7976.87
  • The Dow index closed up 237.45 points or 0.91% at 26355.42
The % changes and ranges are outlined below. Yesterday, the indexes in US and Europe traded below the 0% line for all of the day. Today, the major indices all traded above the 0.0% line alll day.   All indices opened higher and traded higher.

Wall Street and World Market …As expected melts

  
Analysis, Education, Global Indices, US Market
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-Above are 5 minute chart of DOW & Nasdaq Composite.

-Once in life time ,we can see these type of Intraday moves.

-It’s already 1:53 AM ,I will update more in morning.But just refresh your memory and see this picture posted on 3rd May’10

-Boldly mentioned :TUE ,WED ,THU ,Friday….Watch Bloodbath across Globe.

-Anybody in India had written to Sell Stocks with stop of 5566 & offload everything and withdraw money from Mutual Funds ???101% Nobody ……….!!

Updated at 2:00/07th May/Baroda /India

Book Review : All About Market Timing, 2d ed.

  
Analysis, Education
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“If you were in a leaking boat,” Leslie N. Masonson writes, “you’d have three choices: 1. Stay in the boat and stop the leak = Go short. 2. Get out of the boat = Switch to cash. 3. Go down with the ship = Buy-and-hold.” (p. 60) In this second edition of All About Market Timing: The Easy Way to Get Started (McGraw-Hill, 2011) Masonson explains why market timing is superior to buy-and-hold and describes some timing strategies that have been profitable in the past.

Most people, I assume, would prefer market timing to buy-and-hold—if it really were a viable strategy. The main argument against timing is that it can’t be done. The investor will end up being out of the market on the best days, in on the worst days, and poorer for his efforts. Better just sit there, say the critics, take your lumps in bear markets, and trust that the market will eventually power ahead, taking you along with it. Unfortunately the market can be very slow to recuperate from downdrafts, as the author documents in several tables.

Masonson presents five familiar market timing strategies: the best six months, presidential cycles combined with seasonality, simple moving averages, the Value Line 3 and 4 percent, and the Nasdaq Composite 6 percent. These strategies are best pursued using ETFs rather than individual stocks or mutual funds. (more…)

Dow Jones -Hurdles :10209-10315-10350

  
Analysis, Education, US Market
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Double Bottom at 9774-9757 ?

Yesterday spurted by 273 points and closed at 10172 level.

Now ,What to expect ?

 

Just Watch :10209 level

Crossover above this level will take to recent high of 10315-10350 level.

The level of 10412 is Major Hurdle for Bull’s

Three Consecutive close above 10412 wil take to 10630-10703 level.

I will Update about Nasdaq Composite ,S&P500 in afternoon

Updated at 5:37/11th June/Baroda

“Markets Will Fluctuate”

  
Analysis, Education
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In the 1927 book “Security Speculation – The Dazzling Adventure,” Laurence H. Sloan repeated the now famous anecdote 1  about J.P.Morgan’s view of the stock markets:

History has it that young man once found himself in the immediate presence of the late Mr. J. P. Morgan. Seeking to improve the golden moment, he ventured to inquire Mr. Morgan’s opinion as to the future course of the stock market. The alleged reply has become classic: “Young man, I believe the market is going to fluctuate.

Fluctuate indeed.

That simple truism seems to been lost to some folks, who were taken aback by yesterday’s market decline. The Dow Jones Industrial Average fell 274 points, but that sounds worse than it is; in percentage terms the retreat amounted to 1.24 percent. The Standard & Poor’s 500 Index fell 38.1 points, or 1.54 percent; the Russell 2000 Index of small cap companies fell 1.78 percent (24.6 points) while the Nasdaq Composite Index had a 1.94 percent (123.2 point) fall.

As Bloomberg News noted, “Evidence is building that the market’s long stretch of tranquility is breaking. The S&P 500 swung at least 1 percent in three of the last six sessions after spending the previous three weeks without a move of more than 0.3 percent.”

The collective question investors are asking is “Why here and now?” It is tempting, and probably correct, to simply declare this the well-known random walk of markets. But rather than leave it at that, let us turn a critical eye to some of the explanations that were circulating. Here they are from least convincing to most . . .

Continues at: The Real Reason Markets Swooned Yesterday

When should traders be in or out of the market?

  
  Education
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There are times when traders should NOT be in the market. There are other times when the market is rocking and traders should get aggressive. How can you tell the difference? Here are 5 helpful tips.

1) Accumulation and Distribution Days: When should traders go to cash? Follow the big boys! The big institutions control the market, so pay attention to their actions by tracking accumulation anddistribution days. When institutional selling builds up over a short period of time (2-4 weeks) AND leading stocks start to break down, that is a great sign to start raising cash. Why? Because 4 out of 5 stocks move in the general direction of the market. I don’t care how good the company is, when the market’s in a downtrend, you don’t want to fight it.

2) Uptrends and Downtrends: Don’t get caught up with the terms Bull and Bear market. Just recognize if we are in an uptrend or a downtrend. For example, use the 50-day moving average on the NASDAQ Composite as a general indicator to be in or out of the market. Above the line usually means we’re in an uptrend and it’s a green light to be in stocks…below the line, downtrend and red light.

3) Scale In: When conditions start to improve, SLOWLY scale back in. There’s no reason to rush. Take a few positions and test the waters. If the rally is for real, there will be PLENTY OF TIME to make money. If you are wrong, at least you can get out quick with minimal damage and protect your portfolio. Think Defense First!

4) Buy the Strongest Earnings & Sales Growth: When markets are in a confirmed uptrend, what stocks should you buy? Be in the best! Don’t settle for low rate stocks. Look for companies that have strong earnings and sales growth. Why be in dead-money stocks with little growth potential? We’re in this to make money, right? So be in stocks that have a higher probability of moving up!

5) Fundamentals AND Technicals: Why does it only have to be one or the other? Why not USE BOTH! We want as many factors as possible in our favor when trading the market. Therefore, start with strong fundamental companies AND combine the proper technical timing to identify ideal entry points to effect your best risk vs reward trades. (more…)

Job Losses Accelerate

  
Analysis, Education, US Market
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JobWanted

Good morning. The long-awaited jobs report is out and it came as worse than expected (as Goldman predicted). 263,000 jobs were lost and unemployment rate came in at 9.8%. Futures were trading lower ahead of the report and have stayed that way since.

Other news include the World Bank’s warning of a wobble ahead for the global economy, a strong dollar is very important to Geithner, Bernanke suggests a Board of Regulators, Meredith Whitney says small business credit crunch continues and Comcast & NBC are apparently in deal talksAt 10:AM we have Factory Orders for August and news of the Chicago Olympic Bid will also come out today between 12:30PM to 1:PM EST.

Already this fall I had expected and written to have cautious approach.Now just will watch S&P 500.Below 1031 will take to 1014-1009 level and there after retest of 991 level.

Will update more about DOW ,Nasdaq Compostite and S&P very shortly.

Iam personally Bearish for Stocks/Commodity from last 15 days and will not buy anything.

Technically Yours

Anirudh Sethi

 

 

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