The Dow Jones recoiled on Friday after tapping record highs this week. Consumer sentiment indicators showed a steeper-than-expected decline. Next week’s upcoming Fed rate call will also include an SEP update. The Dow Jones Industrial Average (DJIA) pared gains on Thursday, slipping back below 46,000 after chalking in record levels through the midweek sessions. University…
The Dow Jones continued to grapple with the 45,000 handle on Wednesday. Tech stocks gained ground after Google “won” an antitrust case that lets it keep its Chrome division. JOLTS Job Openings gave some investors cause for pause after an unexpected dip. The Dow Jones Industrial Average (DJIA) missed the bullish bus on Wednesday, lagging…
The Dow Jones eased lower on Friday, testing below 45,500. Equities recoiled after US PCE inflation metrics rose in-line with forecasts. Despite fresh inflation pressure, markets are still banking on a September rate cut. The Dow Jones Industrial Average (DJIA) softened on Friday, easing back below 45,500 as stocks retreated due to another uptick in…
The Dow Jones shattered price records on Friday, hitting above 45,700 for the first time ever. Equities and general risk appetite soared after Fed Chair Powell made a dovish appearance. A September rate cut looks like a sure thing, bolstering general market sentiment. The Dow Jones Industrial Average (DJIA) soared to new all-time highs on…
The Dow Jones found new all-time highs on Friday before trimming gains. US consumer sentiment took an unexpected hit in August. Consumers are beginning to sour on economic outcomes as tariff effects begin to crop up. The Dow Jones Industrial Average (DJIA) surged to record highs early on Friday, touching chart territory north of 45,250…
Top of the 4-month channel and VAH are the last daily supports. Acceptance back above 24,052 reopens 24,542/24,846; a daily close below 23,748 risks a slide toward 23,258 → 22,955 → POC ~22,464. Daily structure (mid-term lens) Inflexion point level remains 24,052 (daily critical pivot). Two failed attempts left a supply shelf just overhead. Price…
The Dow Jones is clawing back recent losses as investor sentiment continues to climb. Traders continue to bank on an eventual walk back of the Trump team’s sky-high tariff threats. Trade deals remain limited, and the August 1 deadline is approaching fast. The Dow Jones Industrial Average (DJIA) rebounded on Friday, recovering its footing after…
QuantumScape (QS), the leading commercial developer of solid-state batteries, has now rallied for nine consecutive sessions. This has led the battery maker to a new three-year high with shares reaching $15.03 in Friday’s afternoon session. QuantumScape continues to benefit from news of its state-of-the-art Cobra separator process reaching production goals, which will allow the company…
losing The Dow Jones fell back into the weekly red zone on Friday. President Trump has stepped up fresh tariff threats, targeting Canadian goods with new import fees. Investor sentiment remains hobbled in a constantly changing trade policy environment. The Dow Jones Industrial Average (DJIA) snapped a two-day recovery on Friday, testing below the 44,400…
The Dow Jones fell on Friday, shedding 780 points at its lowest. Relief from tariff threats is over as the trade policy cycle begins anew. Markets pared back downside bets after investors remembered the odds of a tariff walkback remain high. The Dow Jones Industrial Average (DJIA) saw stiff losses during the Friday market session…