Nvidia earnings tomorrow, where do we go?
The S&P 500 and the NASDAQ have been limping higher over the past 2 weeks. The last decent up-volume day was about 2 weeks ago.
The S&P 500 and the NASDAQ have been limping higher over the past 2 weeks. The last decent up-volume day was about 2 weeks ago.
The market waited for the Federal Reserve to speak on Friday. The S&P 500 +1.05%, NASDAQ +1.08%, and Small Cap Russell 2000+ 3.19% in weekly gains, while the volume was subdued.
The recent 8-day rally has been impressive by the numbers. Today, the winning streak was snapped. But don't be fooled.
The week of August 12th–15th was a great week for stocks. The S&P 500 closed the week with a gain of 3.65%, the NASDAQ with a gain of 4.91%.
The NASDAQ and S&P 500 posted nice gains today, with both markets closing at session highs. Both indexes are closing in on the high numbers I mentioned.
As I mentioned in my bio and our mission about the truth, we will attempt to educate you, temper your fear, and neutralize the anxiety the news can create.
The markets had a great week. The S&P 500 started the week at approximately 5,150 and closed at 5,344, a gain of approximately 3.7%. Buy-side volume was not impressive on Thursday and dismal on Friday.
Chicken Little above says the sky is falling. While most realize that isn’t true, I do not expect a market crash.
The NASDAQ gave back all its previous day's gains and more and closed down 405 points to 17,194 and the S&P 500 did the same, closing down 75 points to 5,466.
The NASDAQ and the S&P 500 closed with solid gains if you’re looking at the market from the outside.