The Calm Before the Market Storm Posted by Peter Stolcers on January 31 www.oneoption.com Fasten Your Seat Belts! PRE-OPEN MARKET COMMENTS TUESDAY – This is going to be a very important week. Earnings and interest rates drive the market and it is coiling like a spring inside of a D1 wedge. We are going to breakout one way or the … Read More
Market Review: April 05, 2022
Closing Recap Tuesday, April 05, 2022 Index Up/Down % Last DJ Industrials -279.52 0.80% 34,642 S&P 500 -57.31 1.25% 4,525 Nasdaq -328.39 2.26% 14,204 Russell 2000 -49.52 2.35% 2,046 Equity Market Recap · Stock markets opened higher but broke down quickly following more hawkish Fed commentary, this time from Governor Brainard that got the ball rolling to the downside. There … Read More
Daily Commentary: April 05, 2022
Market Will Try To Confirm This Technical Pattern Posted by Pete Stolcers on April 05 www.1option.com The market has been strong since the FOMC statement in March. It has rallied above the major moving averages and it has been able to hold those levels. Last week we saw a round of profit taking that ended very quickly and that … Read More
Mid-Morning Look: April 05, 2022
Mid-Morning Look Tuesday, April 05, 2022 Index Up/Down % Last DJ Industrials -55.77 0.16% 34,866 S&P 500 -22.65 0.49% 4,559 Nasdaq -198.51 1.36% 14,332 Russell 2000 -26.00 1.24% 2,069 U.S. stocks down for the first time in three days, with stocks taking an about face around 10:00 after comments from Fed’s Brainard saying “combined impact of rate … Read More
Morning Preview: April 05, 2022
Early Look Tuesday, April 5, 2022 Futures Up/Down % Last Dow -93.00 0.27% 34,736 S&P 500 -12.25 0.27% 4,565 Nasdaq -48.00 0.32% 15,116 U.S. equity futures are a touch lower as the S&P E-mini is down 0.25% and the Nasdaq E-mini is down 0.30% while Asian equities are mixed. The S&P 500 and Nasdaq gained on Monday as … Read More
Market Review: April 04, 2022
Closing Recap Monday, April 04, 2022 Index Up/Down % Last DJ Industrials 103.87 0.30% 34,922 S&P 500 36.76 0.81% 4,582 Nasdaq 271.05 1.90% 14,532 Russell 2000 5.27 0.21% 2,095 Equity Market Recap · U.S. stock markets marched higher all day on Monday, closing near their best levels as technology related sectors outperformed. The S&P 500 steadily rose from the open, … Read More
Mid-Morning Look: April 04, 2022
Mid-Morning Look Monday, April 04, 2022 Index Up/Down % Last DJ Industrials -8.26 0.02% 34,810 S&P 500 16.24 0.36% 4,562 Nasdaq 155.02 1.09% 14,417 Russell 2000 -8.29 0.40% 2,082 U.S. stocks are mixed as the S&P and Nasdaq are led higher between broad strength in the technology sector with Internet, semiconductors, IT, Hardware, and Comm Services all … Read More
Morning Preview: April 04, 2022
Early Look Monday, April 4, 2022 Futures Up/Down % Last Dow -9.00 0.02% 34,711 S&P 500 5.25 0.13% 4,545 Nasdaq 56.50 0.38% 14,920 U.S. futures are looking at a slightly higher open after settling mixed last week as investors monitored Russia’s war with Ukraine. Last week saw the S&P 500 finish fractionally higher on the week and the … Read More
Market Review: April 01, 2022
Closing Recap Friday, April 01, 2022 Index Up/Down % Last DJ Industrials 139.79 0.40% 34,818 S&P 500 15.39 0.34% 4,545 Nasdaq 40.98 0.29% 14,261 Russell 2000 21.26 1.03% 2,0891 Equity Market Recap · Equity indices finished the day modestly higher following a late day rip after spending much of the day teetering between gains and losses as the March payroll … Read More
Mid-Morning Look: April 01, 2022
Mid-Morning Look Friday, April 01, 2022 Index Up/Down % Last DJ Industrials 62.28 0.18% 34,740 S&P 500 10.50 0.23% 4,540 Nasdaq 30.35 0.21% 14,252 Russell 2000 18.12 0.87% 2,088 U.S. stocks open higher after yesterday’s late day swoon pushed major averages to settle at their lows, as investors digest the impact of a mostly stronger March payroll … Read More