Bears Retreat as U.S. Stocks Heat Up

Weekly Market Summary U.S. stocks awoke from their mid-Summer slumber this week. The Dow Jones industrial average hit multiple record highs this week and the S&P 500 hit another new all-time close, too. Meanwhile, tech stocks posted a strong week, too, as the Nasdaq Composite enjoyed its best week since December. Stocks received a boost…

 

CI Market Dashboard Holds Steady Over Flat Week

Weekly Market Summary The U.S. stock market was relatively flat over this holiday-shortened week as gains in financials and a slight rebound in tech stocks were offset by losses in energy stocks as the price of oil continued to decline. Bank stocks have been on the rise over the last couple of weeks since the…

 

Bears Advance in Market Dashboard as Health-Care & Tech Have Banner Week

Weekly Market Summary A strong week by health-care stocks boosted the major U.S. indexes even as energy continued its downward slide. Shares of pharmaceutical companies and biotechnology firms posted gains this week, following some encouraging data on drug development. Health-care companies joined the climb, including Thursday when Senate Republicans unveiled their plans to overhaul the…

 

Bulls Retreat During Mixed Week

Weekly Market Summary U.S. stocks struggled to find direction this week, with some of the major indexes moving in a tight range while still eking out new all-time highs. Meanwhile, technology suffered through its worst slump in several months and consumer staples companies were rocked at the end of the week by the surprising news…

 

Bulls Continue to Recover in Mixed Market

Weekly Market Summary Two major news events failed to generate much response from the U.S. market this week: the Congressional testimony of former FBI Director James Comey and the Parliamentary election in the U.K. While Comey’s testimony didn’t paint the president in the most favorable light, there were no bombshell revelations that some were hoping…

 

Bulls Recover But Sentiment Divided in Latest CI Market Dashboard

Weekly Market Summary The holiday-shortened week started off rather muted but picked up steam as it progressed. U.S. stocks edged lower on Tuesday following the Memorial Day holiday, as financials and energy stocks pulled the broad indexes lower. However, the range in which the indexes are moving continued to be quite narrow. Some analysts point…

 

Bullish Sentiment Reaches Historic Low for Market Dashboard

Weekly Market Summary Political drama, corporate earnings and oil prices were the drivers of the U.S. stock market this week. Most of the attention was on Washington, D.C. and the Trump administration. After revelations that the President shared sensitive intelligence information with Russian diplomats and rumors of an alleged memo written by former FBI director…

 

CI Market Cashboard: Neutral Sentiment in Command

Weekly Market Summary The U.S. investors and traders started the week encouraged by the victory of centrist candidate Emmanuel Macron in the French presidential election and liberal candidate Moon Jae-in emerged victorious in South Korea’s presidential election. As it turned out, however, it appears that the results had already been priced into the market. Instead,…

 

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…