Market Review: October 15, 2021

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Closing Recap Friday, October 15, 2021 Index Up/Down % Last DJ Industrials 382.92 1.10% 35,295 S&P 500 33.22 0.75% 4,471 Nasdaq 73.91 0.50% 14,897 Russell 2000 -8.52 0.37% 2,265   Equity Market Recap ·     Markets have seemingly put September’s swoon in the rear-view mirror heading into earnings season as today closed out the S&P’s best week since July with the Nasdaq … Read More

Mid-Morning Look: October 15, 2021

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Mid-Morning Look Friday, October 15, 2021 Index Up/Down % Last   DJ Industrials 242.12 0.69% 35,154 S&P 500 21.55 0.49% 4,459 Nasdaq 31.83 0.21% 14,855 Russell 2000 21.80 0.96% 2,295     Another day, another rally as major averages trade back above key technical levels heading into the weekend, with upward momentum and a busy earnings week coming up. There … Read More

Daily Commentary: October 15, 2021

Jeremy Engelbrecht1Option Commentary

Market Was Able To Clear Resistance – This Is the Options Strategy I Like Now Posted by Pete Stolcers on October 15 www.1option.com   There was not any incremental news to justify the big rally Thursday. The market has been finding support at the 100-day MA and buyers want to own stocks into earnings season. Technically the S&P 500 was … Read More

Weekly Event Calendar: 10/18/2021 – 10/22/2021

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What’s on Tap Weekly Calendar   Monday October 18th Economic Calendar:  ·     9:15 AM ET                 Industrial Production MoM for September ·     9:15 AM ET                 Capacity Utilization for September ·     10:00 AM ET               NAHB Housing Market Index for October ·     4:00 PM ET                 Net Long-term TIC Flows for August   Earnings Calendar: ·     Earnings Before the Open: ACI, GNTY, STT ·     Earnings After the Close: CFB, ELS, FBK, FNB, HXL, PACW, … Read More

Morning Preview: October 15, 2021

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Early Look Friday, October 15, 2021 Futures Up/Down % Last Dow 149.00 0.43% 34,933 S&P 500 14.25 0.33% 4,443 Nasdaq 42.50 0.28% 15,078     U.S. equity futures extended gains, looking to build on the upward momentum Thursday as corporate earnings and improving sentiment offset persistent concerns that inflation will continue to weigh on markets over the months ahead. It … Read More

Market Review: October 14, 2021

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Closing Recap Thursday, October 14, 2021 Index Up/Down % Last DJ Industrials 533.89 1.55% 34,911 S&P 500 74.42 1.71% 4,438 Nasdaq 251.79 1.73% 14,823 Russell 2000 32.21 1.44% 2,274   Equity Market Recap ·     Major U.S. stock averages surge, as all eleven S&P sectors rise led by technology stocks, strong quarterly results from banks (BAC, MS) and healthcare names (UNH, WBA), … Read More

Mid-Morning Look: October 14, 2021

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Mid-Morning Look Thursday, October 14, 2021 Index Up/Down % Last   DJ Industrials 424.01 1.23% 34,801 S&P 500 56.71 1.30% 4,420 Nasdaq 197.9 1.35% 14,768 Russell 2000 29.17 1.30% 2,271     A moon shot for major U.S. averages to start the trading day, soaring across the board and adding to gains from Wednesday as back-to-back in-line/tamer inflation data points … Read More

Daily Commentary: October 14, 2021

Jeremy Engelbrecht1Option Commentary

Here’s How I Will Trade the Market Gap Up Today! Posted by Pete Stolcers on October 14 www.1option.com   The S&P 500 has been finding support around the 100-day MA. The FOMC minutes did not provide any new information and the market barely moved on the release yesterday. There was not any overnight news to justify the big gap up … Read More

Morning Preview: October 14, 2021

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Early Look Thursday, October 14, 2021 Futures Up/Down % Last Dow 205.00 0.60% 34,461 S&P 500 28.25 0.67% 4,384 Nasdaq 116.50 0.79% 14,880     Stock futures are jumping overnight, extending yesterday’s gains ahead of key earnings reports and inflation data. Stocks advanced on Wednesday as the S&P 500 and Nasdaq outperformed after a choppy session, with Big Tech doing … Read More

Market Review: October 13, 2021

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Closing Recap Wednesday, October 13, 2021 Index Up/Down % Last DJ Industrials 0.26 0.00% 34,378 S&P 500 13.29 0.31% 4,363 Nasdaq 105.71 0.73% 14,571 Russell 2000 7.70 0.34% 2,241   Equity Market Recap ·     U.S. stock markets were mostly higher as the tech-heavy Nasdaq Composite outperformed the S&P 500, while the Dow Jones Industrial Average underperforms behind weakness in big banks … Read More