Mid-Morning Look: March 28, 2023

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Mid-Morning Look Tuesday, March 28, 2023 Index Up/Down % Last   DJ Industrials 66.97 0.21% 32,499 S&P 500 -4.59 0.12% 3,972 Nasdaq -62.09 0.53% 11,706 Russell 2000 4.17 0.24% 1,757     U.S. stocks are mixed as the tech sector underperforms a second day on profit taking, while beaten up groups such as energy, utilities, financials lead along with materials … Read More

Morning Preview: March 28, 2023

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Early Look Tuesday, March 28, 2023 Futures Up/Down % Last Dow -27.00 0.08% 32,604 S&P 500 -6.25 0.17% 4,000 Nasdaq -30.50 0.24% 12,758     U.S. futures are down slightly, at the lows of the overnight session around 4,000 (off overnight high 4,023.75), but still above the prior day low of 3,997.50 as the S&P remains in a tradable range. … Read More

Market Review: March 27, 2023

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Closing Recap Monday, March 27, 2023 Index Up/Down % Last DJ Industrials 195.08 0.61% 32,432 S&P 500 6.76 0.17% 3,977 Nasdaq -55.12 0.47% 11,768 Russell 2000 18.75 1.08% 1,753   Equity Market Recap ·     U.S. stocks finish mostly higher, with the tech heavy Nasdaq lagging, but main indexes hold above key levels yet again amid easing financial banking fears as the … Read More

Mid-Morning Look: March 27, 2023

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Mid-Morning Look Monday, March 27, 2023 Index Up/Down % Last   DJ Industrials 227.44 0.71% 32,464 S&P 500 22.48 0.57% 3,993 Nasdaq 45.54 0.39% 11,869 Russell 2000 13.85 0.80% 1,748     U.S. stocks start the day broadly higher, as all eleven S&P sectors opened to the upside after a week of stock market gains, with major U.S. averages on … Read More

Morning Preview: March 27, 2023

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Early Look Monday, March 27, 2023 Futures Up/Down % Last Dow 192.00 0.59% 32,626 S&P 500 23.25 0.59% 4,025 Nasdaq 41.50 0.32% 12,932     U.S. futures pointing to a higher open, rising +0.6% to 4,025, adding to Friday and last week gains as upbeat sentiment in the regional banking sectors helps lift markets. Last week, the Dow gained 1.2%, … Read More

Market Review: March 24, 2023

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Closing Recap Friday, March 24, 2023 Index Up/Down % Last DJ Industrials 132.90 0.41% 32,238 S&P 500 22.46 0.57% 3,971 Nasdaq 36.56 0.31% 11,823 Russell 2000 14.63 0.85% 1,734   Equity Market Recap ·     After several days of extreme volatility, stocks melted higher this afternoon, with the S&P 500 once again bouncing at its 200-day moving average (MA) technical support of … Read More

Mid-Morning Look: March 24, 2023

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Mid-Morning Look Friday, March 24, 2023 Index Up/Down % Last   DJ Industrials -148.33 0.46% 31,956 S&P 500 -15.96 0.40% 3,932 Nasdaq -55.94 0.47% 11,731 Russell 2000 -15.78 0.92% 1,704     U.S. stocks fall, paring weekly gains for major averages following sharp declines in European stocks as banking fears instability weighed on financial into the weekend. With a risk-averse … Read More

Morning Preview: March 24, 2023

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Early Look Friday, March 24, 2023 Futures Up/Down % Last Dow -263.00 0.81% 32,056 S&P 500 -25.25 0.63% 3,952 Nasdaq -38.50 0.30% 12,815     After finishing higher on Thursday, U.S. futures are looking lower with the S&P (Spuz) down -0.7% at 3,950, trading just above the 200-day moving average of 3,940, a key level. The U.S. dollar rebounds after … Read More

Market Review: March 23, 2023

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Closing Recap Thursday, March 23, 2023 Index Up/Down % Last DJ Industrials 73.66 0.23% 32,103 S&P 500 11.33 0.29% 3,948 Nasdaq 117.44 1.01% 11,787 Russell 2000 -7.07 0.41% 1,720   Equity Market Recap ·     Market volatility remains extreme, with massive swings on comments from Fed Chair Powell yesterday and Treasury Secretary Yellen both today and yesterday, as traders and markets continue … Read More

Mid-Morning Look: March 23, 2023

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Mid-Morning Look Thursday, March 23, 2023 Index Up/Down % Last   DJ Industrials 286.79 0.90% 32,316 S&P 500 47.68 1.21% 3,984 Nasdaq 217.18 1.86% 11,887 Russell 2000 21.62 1.25% 1,748     U.S. stocks open higher, quickly erasing the late day downdraft in stocks Wednesday after mixed messages on banks from Fed Chairman Powell and Treasury Secretary Yellen. Fed Chair … Read More