Market Review: January 21, 2022

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Closing Recap Friday, January 21, 2022 Index Up/Down % Last DJ Industrials -449.89 1.30% 34,265 S&P 500 -85.0 1.90% 4,397 Nasdaq -385.10 2.72% 13,768 Russell 2000 -36.13 1.79% 1,987   Equity Market Recap ·     An absolute bloodbath for U.S. stock markets this week, as the Nasdaq is off to its 3rd worst start to a year in its history (Nasdaq posting … Read More

Mid-Morning Look: January 21, 2022

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Mid-Morning Look Friday, January 21, 2022 Index Up/Down % Last   DJ Industrials -44.15 0.13% 34,671 S&P 500 -27.94 0.62% 4,457 Nasdaq -130.00 0.90% 14,026 Russell 2000 -6.71 0.34% 2,017     It is a week to forget for Bulls on Wall Street, with relentless selling-pressure pushing stocks to levels not seen in months, and well below key technical levels … Read More

Daily Commentary: January 21, 2022

Jeremy Engelbrecht1Option Commentary

Market Has More Downside – Don’t Buy Until You See This Posted by Pete Stolcers on January 21 www.1option.com   The S&P 500 closed firmly below the 100-day MA yesterday on heavy selling pressure. Asset Managers are taking risk off before the FOMC statement next week. They are not going to buy until they see a capitulation low and here’s … Read More

Weekly Event Calendar: 01/24/2022 – 01/28/2022

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What’s on Tap Weekly Calendar   Monday January 24th  Economic Calendar:  ·     9:45 AM ET                  Markit Manufacturing PMI, Jan-F ·     9:45 AM Et                   Markit Service PMI, Jan-F ·     9:45 AM ET                  Markit Composite PMI, Jan-F ·     1:00 PM ET                   U.S. Treasury to sell $54B in 2-year notes   Earnings Calendar: ·     Earnings Before the Open: BMRC, BOH, CBU, HAL ·     Earnings After the Close: BRO, CFB, CR, CUBI, EFSC, HMST, … Read More

Morning Preview: January 21, 2022

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Early Look Friday, January 21, 2022 Futures Up/Down % Last Dow -63.00 0.18% 34,553 S&P 500 -20.25 0.45% 4,454 Nasdaq -128.50 0.86% 14,713     U.S. futures are looking lower, but well off the worst levels of the night, trying to recover after a bloodbath the first three days of this holiday shortened trading week. The Russell 200 is down … Read More

Market Review: January 20, 2022

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Closing Recap Thursday, January 20, 2022 Index Up/Down % Last DJ Industrials -315.24 0.90% 34,713 S&P 500 -50.21 1.11% 4,482 Nasdaq -186.24 1.30% 14,154 Russell 2000 -38.75 1.88% 2,024   Equity Market Recap ·     A vicious reversal caught investors by surprise as stocks bled into the close after what started out as a nice market recovery. An early market rally in … Read More

Mid-Morning Look: January 20, 2022

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Mid-Morning Look Thursday, January 20, 2022 Index Up/Down % Last   DJ Industrials 365.94 1.04% 35,394 S&P 500 54.91 1.21% 4,587 Nasdaq 252.97 1.77% 14,594 Russell 2000 20.69 1.00% 2,083     U.S. stocks in rebound mode after a brutal start to 2022 (including a mass plunge late day yesterday), with the S&P 500 down over 4% YTD coming into … Read More

Morning Preview: January 20, 2022

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Early Look Thursday, January 20, 2022 Futures Up/Down % Last Dow 132.00 0.38% 35,042 S&P 500 23.25 0.51% 4,547 Nasdaq 131.50 0.87% 15,164     U.S. futures are looking higher looking at a bounce back after finishing at the lows late Wednesday, with S&P futures up +0.55% around 4,550, looking to recover key technical levels that were breached for the … Read More

Market Review: January 19, 2022

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Closing Recap Wednesday, January 19, 2022 Index Up/Down % Last DJ Industrials -339.30 0.96% 35,029 S&P 500 -44.22 0.97% 4,532 Nasdaq -166.64 1.15% 14,340 Russell 2000 -33.44 1.60% 2,062   Equity Market Recap ·     It was a choppy day on Wall Street, filled with swings both higher and lower before major averages succumbed to losses (ending near the lows of the … Read More

Mid-Morning Look: January 19, 2022

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Mid-Morning Look Wednesday, January 19, 2022 Index Up/Down % Last   DJ Industrials -33.40 0.11% 35,329 S&P 500 9.98 0.22% 4,587 Nasdaq 89.51 0.62% 14,596 Russell 2000 4.84 0.23% 2,101     U.S. stocks looking at a modest rebound after both the S&P and Nasdaq dropped below key technical levels in yesterday’s sell-off, with the S&P 500 battling around the … Read More