Closing Recap Friday, January 17, 2025 Index Up/Down % Last DJ Industrials 334.70 0.78% 43,487 S&P 500 59.37 1.00% 5,996 Nasdaq 291.91 1.51% 19,630 Russell 2000 9.09 0.40% 2,275 U.S. stocks posted another massive market rally on Friday, rising about 3% for the week heading into the 3-day holiday weekend on … Read More
Mid-Morning Look: January 17, 2025
Mid-Morning Look Friday, January 17, 2025 Index Up/Down % Last DJ Industrials 365.90 0.84% 43,517 S&P 500 56.53 0.95% 5,993 Nasdaq 261.69 1.36% 19,600 Russell 2000 15.55 0.68% 2,282 U.S. stocks extend their massive gains on the week, boosted by strong bank earnings this week, cooler inflation reports (CPI, PPI), dovish Fed speak, a pullback in the dollar … Read More
Daily Commentary: January 17, 2025
Can the Market Breakout? Posted by Pete Stolcers on January 17 www.oneoption.com This morning the SPY is testing the 50-day MA. PRE-OPEN MARKET COMMENTS FRIDAY – This is the move I’ve been waiting for. The market is going to test the 50-day MA this morning and a minor downward sloping trendline. My theory is that we are in a downward … Read More
Weekly Event Calendar: 01/20/2025 – 01/24/2025
What’s on Tap Weekly Calendar Monday January 20th Economic Calendar: Markets are close din observance of Martin Luther King Jr. holiday Other Key Events: Barclays Global Macro and Inflation Conference, 1/20-1/22 in Miami, Fl Barclays World Economic Forum, 1/20-1/24, in Switzerland Goldman Sachs Global Strategy Conference 2025, 1/20-1/23 in London, Paris, Zurich World Economic Forum (WEF) Annual Meeting … Read More
Morning Preview: January 17, 2025
Early Look Friday, January 17, 2025 Futures Up/Down % Last Dow 165.00 0.38% 43,537 S&P 500 22.25 0.38% 5,998 Nasdaq 97.50 0.46% 21,347 U.S. stock index futures edged up on Friday after falling Thursday, with the S&P 500 and the Dow looking set to log their biggest weekly advances since November, while investors awaited a wave of policy … Read More
Market Review: January 16, 2025
Closing Recap Thursday, January 16, 2025 Index Up/Down % Last DJ Industrials -68.42 0.16% 43,153 S&P 500 -12.57 0.21% 5,937 Nasdaq -172.94 0.89% 19,338 Russell 2000 3.50 0.15% 2,266 After a massive move higher on Wednesday following market friendly consumer price index (CPI) inflation data, Thursday was more a digestion day, … Read More
Mid-Morning Look: January 16, 2025
Mid-Morning Look Thursday, January 16, 2025 Index Up/Down % Last DJ Industrials -118.72 0.27% 43,103 S&P 500 -7.66 0.13% 5,942 Nasdaq -45.22 0.23% 19,465 Russell 2000 -7.03 0.31% 2,256 U.S. stocks opened higher following yesterday’s strong stock market action that saw the S&P, Dow and Nasdaq post their biggest one-day gains since November but has since pulled back … Read More
Daily Commentary: January 16, 2025
A Market Short Is Setting Up Posted by Pete Stolcers on January 16 www.oneoption.com Be patient. This is a downward sloping trading channel and we need to see resistance. PREOPEN MARKET COMMENTS THURSDAY – I often tell you that you don’t need to conduct fundamental analysis. Price is truth and all you need is technical analysis. Many people have a … Read More
Morning Preview: January 16, 2025
Early Look Thursday, January 16, 2025 Futures Up/Down % Last Dow -99.00 0.23% 43,367 S&P 500 15.25 0.26% 6,004 Nasdaq 97.50 0.46% 21,498 U.S. futures are looking mostly higher following yesterday monster rally, as markets looks to build on the strong performance Wednesday where all major indexes and almost all S&P 500 subsectors finished much higher on the … Read More
Market Review: January 15, 2025
Closing Recap Wednesday, January 15, 2025 Index Up/Down % Last DJ Industrials 703.27 1.65% 43,221 S&P 500 107.00 1.83% 5,949 Nasdaq 466.84 2.45% 19,511 Russell 2000 44.06 1.99% 2,263 Massive stock outperformance on Wall Street Wednesday, with 10 of 11 S&P sectors sharply higher, paced by more than 2% gains in … Read More