Bullishness Builds Among CI Market Dashboard Indicators

Weekly Market Summary U.S. stocks ended April higher, buoyed by strong corporate earnings. The week started off strongly in the wake of the results of the French presidential elections, which had the centrist candidate winning the first round. The Dow Jones industrial average, S&P 500 and Nasdaq Composite all posted their biggest gains in nearly…

 

Neutral Sentiment Builds Amidst Market Indecision

Weekly Market Summary U.S. stocks posted healthy gains this week, boosted by a strong start to the U.S. earnings season. However, promises from President Trump for a “massive tax cut,” perhaps “bigger…than any tax cut ever” did not garner the same response it might have several weeks. The market seems to be looking for action…

 

Mixed Economic Data & Geopolitics Highlight Down Week for U.S. Stocks

Weekly Market Summary Mixed economic data and geopolitics pushed and pulled the markets throughout the week. Weaker-than-expected car sales data kicked off a week that saw a strong report on private-sector hiring give way to a mixed March jobs report. In between was the release of the Fed’s March meeting minutes that revealed the central…

 

Sentiment Spread Evenly Among Market Dashboard Indicators

Weekly Market Summary U.S. stocks limped across the finish line as the first quarter of 2017 ended. Growing uncertainty over whether the Trump administration will be able to implement the pro-business economic agenda it promised during the campaign sapped the momentum of the market. However, volatility remained low. The CBOE Volatility Index, known as Wall…

 

Market Dashboard Holds Steady As Stocks See Worst Week of the Year

Weekly Market Summary Politics took center stage this week in the hearts and minds of investors and traders as House Republicans tried, and failed, to pass a replacement for the Affordable Care Act, also known as Obamacare. After postponing the vote on Thursday, House Republicans received an ultimatum from President Trump to vote or move…

 

Market Dashboard Shifts Into Neutral

Weekly Market Summary President Trump, the economy and the Federal Reserve played pivotal roles in the U.S. stock market this week. Stocks were basically flat to start the week in anticipation of Trump’s first address to a joint session of Congress. A slightly disappointing gross domestic product reading cooled stocks on Tuesday, but they came…

 

Bears Continue to Advance as Market Momentum Stalls

Weekly Market Summary Investor optimism waned this week following several controversial executive orders from President Trump. Chief among them was a move to restrict immigration from seven majority-Muslim countries, which sent airline and technology stocks falling. The technology industry decried the Trump administration’s temporary travel ban, expressing concerns about the effects the restrictions would have…

 

CI Market Dashboard: Bulls Make Slight Retreat This Week

Weekly Market Summary The Dow Jones Industrial Average (DJIA) eked out a nearly 0.1% gain for the week and closed at 18,161.19. The index has been trading in a narrow range for the last couple of weeks, bounded to the upside by the 50-day moving average (18,272.32). To the downside, we still look for round-number…