Sponsored By: Today’s Summary Friday, May 31st, 2019 Indices: US stocks closed lower in today’s session, with the Dow Jones Industrial Average falling 355 points or 1.41%. The Nasdaq was the weakest of the major indices, falling 1.51%. Sectors: Real Estate led, gaining 0.80%. Energy lagged falling 1.76%. Commodities: WTI Crude Oil futures tumbled 5.48% to settle at $53.50 per barrel. Gold futures were higher […]
Archives for May 2019
Daily Chart Report ? Thursday, May 30th, 2019
Sponsored By: Today’s Summary Thursday, May 30th, 2019 Indices: US stocks closed higher in today’s session, with the Dow Jones Industrial Average advancing 43 points or 0.17%. The Russell 2000 was the weakest of the major indices, falling 0.30%. Sectors: Technology led, gaining 0.62%. Energy lagged falling 1.27%. Commodities: WTI Crude Oil futures dropped 3.89% to settle at $56.59 per barrel. Gold futures were higher […]
Short-term Bearish, Long-term Bullish
Earlier this week, Katie Stockton appeared on CNBC’s Squawk Box to share her thoughts on the current landscape of the market and what she sees over the short, and intermediate term. Katie shares that her short-term indicators are “supportive of the pullback” and that she does not see a current bottom of 2800. Katie is […]
A Crude Correlation
Crude Oil fell nearly 7% last week, marking the worst weekly performance for the commodity so far in 2019. It was up an astounding 57% from the December 2018 lows in less than six months before topping out at the end of April around $66 per barrel. It’s now trading around $58, about 14% off […]
Daily Chart Report ? Wednesday, May 29th, 2019
Sponsored By: Today’s Summary Wednesday, May 29th, 2019 Indices: US stocks were lower in today’s session, with the Dow Jones Industrial Average closing down 221 points or 0.87%. The Russell 2000 was the weakest of the major indices, finishing down 0.94%. Sectors: Materials led, but closed flat. Utilities lagged, falling 1.33%. Commodities: WTI Crude Oil futures fell by 0.50% to settle at $58.81 per barrel. Gold […]
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