Mid-Morning Look: June 28, 2022

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Mid-Morning Look Tuesday, June 28, 2022 Index Up/Down % Last   DJ Industrials 135.28 0.43% 31,572 S&P 500 12.43 0.32% 3,912 Nasdaq -20.46 0.18% 11,504 Russell 2000 13.20 0.75% 1,784     U.S. stocks fading after an initial rebound overnight, with banking/financials leading the S&P higher along with energy and utilities again, while technology, comm services and consumer discretionary turn … Read More

Morning Preview: June 28, 2022

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Early Look Tuesday, June 28, 2022 Futures Up/Down % Last Dow 169.00 0.54% 31,590 S&P 500 19.50 0.50% 3,923 Nasdaq 50.75 0.42% 12,091     After a lackluster trading day that saw most major averages finish near their lows, U.S. futures are looking at a higher open, rising +0.45% to 3,920, helped by news overseas after China reduced quarantine times … Read More

Market Review: June 27, 2022

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Closing Recap Monday, June 27, 2022 Index Up/Down % Last DJ Industrials -61.10 0.19% 31,439 S&P 500 -11.39 0.29% 3,900 Nasdaq -104.60 0.90% 11,503 Russell 2000 5.05 0.29% 1,770   Equity Market Recap ·     Stocks finish lower in a relatively dull and boring trading day with the appearance many traders were in holiday mode already ahead of the upcoming 4th of … Read More

Mid-Morning Look: June 27, 2022

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Mid-Morning Look Monday, June 27, 2022 Index Up/Down % Last   DJ Industrials -36.55 0.11% 31,465 S&P 500 -10.24 0.26% 3,901 Nasdaq -83.87 0.71% 11,524 Russell 2000 -1.87 0.11% 1,763     U.S. stocks fade on the open, briefly taking out overnight lows for S&P futures (3,893.50) after strong buying momentum last week. A combination of falling Treasury yields off … Read More

Morning Preview: June 27, 2022

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Early Look Monday, June 27, 2022 Futures Up/Down % Last Dow 55.00 0.17% 31,542 S&P 500 10.25 0.26% 3,926 Nasdaq 46.50 0.38% 12,187     U.S. futures are higher, building on last Friday and last week’s upward momentum and trading at its highest levels since June 10th as rising inflation expectations ease. Stocks surged last Friday (closed at highs) and … Read More

Market Review: June 24, 2022

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Closing Recap Friday, June 24, 2022 Index Up/Down % Last DJ Industrials 826.35 2.69% 31,503 S&P 500 116.42 3.07% 3,912 Nasdaq 375.43 3.34% 11,607 Russell 2000 53.02 3.10% 1,764   Equity Market Recap ·     Stocks finish the day at the highs, as a broad-based rally capped off a strong week of returns for major averages, as all 11 S&P sectors were … Read More

Mid-Morning Look: June 24, 2022

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Mid-Morning Look Friday, June 24, 2022 Index Up/Down % Last   DJ Industrials 616.42 2.00% 31,298 S&P 500 88.17 2.32% 3,884 Nasdaq 300.17 2.66% 11,533 Russell 2000 41.27 2.41% 1,752     U.S. stocks in rally mode, closing out a strong week with all 11-sectors in the S&P higher as the S&P trades to its highest levels since June 13th. … Read More

Morning Preview: June 24, 2022

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Early Look Friday, June 24, 2022 Futures Up/Down % Last Dow 221.00 0.72% 30,893 S&P 500 31.25 0.82% 3,831 Nasdaq 117.50 1.00% 11,854     U.S. futures are looking at a higher open, with the S&P +0.80% at 3,830 around the highs overnight (off lows 3,781.25), while Nasdaq futures outperform up over 1% as major averages look to close out … Read More

Market Review: June 23, 2022

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Closing Recap Thursday, June 23, 2022 Index Up/Down % Last DJ Industrials 195.02 0.62% 30,678 S&P 500 35.87 0.95% 3,795 Nasdaq 179.11 1.62% 11,232 Russell 2000 21.49 1.27% 1,711   Equity Market Recap ·     Stocks were again choppy but ended the day solidly higher as a handful of defensive sectors (Utilities, Staples, REITs, and Healthcare) paced the gains while Energy, Industrials … Read More

Mid-Morning Look: June 23, 2022

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Mid-Morning Look Thursday, June 23, 2022 Index Up/Down % Last   DJ Industrials 119.12 0.37% 30,603 S&P 500 19.11 0.52% 3,779 Nasdaq 91.03 0.81% 11,144 Russell 2000 4.87 0.27% 1,695     U.S. stocks with a solid start to the day, seeing general strength across the board (mostly defensive sectors) despite weaker economic data and aggressive rate hike expectations, getting … Read More