Morning Update
Yesterday market action looked promising for the bulls and drifted lower back to flat by the close. The Nasdaq reversed after being up early in the day. It was 6 points away from breaking its September 7 high before retreating lower.
Friday’s action was good for the bears on the expiration ‘witching’ day. Oil is trying to gain traction but staying around $44 a barrel. Volume was higher to be expected. The markets will be looking for some direction from the Fed on Wednesday but in the meantime the bulls and bears will dance a bit more.
Overnight, world markets are mixed with oil down 2.3% to $43.50 a barrel. VIX is over 16 and the bulls and bears are pulling stronger. Perhaps next week the FED will break things up and the market will go higher if no interest rate increase is announced.
The markets showed promise early yesterday but deflated into the close. Volume was mixed. Oil dropped over 2%. A bunch of economic reports come out today. Apple is leading the DOW with its iPhone 7 launch demand while Samsung battles over its battery issues on the Note.
Prepared by the good people at Random Walk, LLC. (and Scott) BABA Earnings Before the Open AAPL Earnings AFTER the Close Great Morning! Closing Prices From Yesterday Yesterday and Today YESTERDAY Yesterday I wrote: “The Dow is 800 points higher in 7 trading days. It is time for a breather.”. That is exactly what [...]
Random Walk Trading.com Monday April 6, 2015 1-855-RWT-0008 TM Prepared by the good people at Random Walk, LLC. ___ ___ ___ ___ ____ Closing Prices From Yesterday Today's Number(s) Yesterday and Today Yesterday Courtesy of Bloomberg News It was a very slow end to a chaotic week with the markets struggling to stay in positive [...]
Thursday April 2, 2015 1-855-RWT-0008 Prepared by the good people at Random Walk, LLC. (and Scott) Great Morning! Closing Prices From Yesterday Market is Closed Tomorrow Yesterday and Today YESTERDAY First off this is only the 3rd April Fools day with a down market in10 years. Another crazy day with the market opening down 200 [...]
Wednesday April 1, 2015 1-855-RWT-0008 Prepared by the good people at Random Walk, LLC. (and Scott) Great Morning! Closing Prices From Yesterday Yesterday and Today YESTERDAY A messy day where the Dow and S&P gave back 2/3 of the previous day's ridiculous games. Monday's gains were more a matter of neophyte money managers trying to [...]
Tuesday March 31, 2015 1-855-RWT-0008 Prepared by the good people at Random Walk, LLC. (and Scott) Great Morning! Closing Prices From Yesterday Today's Number(s) Yesterday and Today Yesterday Amazing. The Dow, SPX, and Nasdaq were all up between 1 and 1 ½%. The day actually started at about 9:30 pm the night before when the [...]
Random Walk Trading.com Friday March 20, 2015 1-855-RWT-0008 TM Prepared by the good people at Random Walk, LLC. ___ ___ ___ ___ ____ Closing Prices From Yesterday Today's Number(s) Yesterday and Today Yesterday The Lord Giveth and the Lord Taketh away. After Janet Yellen's speech on Wednesday the market took off and we rested right [...]