[Chart courtesy of MarketWatch.com] Moving the markets For most of the session, the major indexes see-sawed in and out of the red before, late in the day, cautious optimism prevailed insuring a green close. The gains were small, especially for the Nasdaq which barely crawled above the unchanged line. Despite the positive tone, SmallCaps (IWN) were not so lucky and …
Diving Off The Highs Into The Red But Closing In The Green
[Chart courtesy of MarketWatch.com] Moving the Markets You could say that the much anticipated “big” Thursday turned into a dud as far as the Comey testimony was concerned. While the markets whipsawed throughout the day, in the end, the major indexes closed above the unchanged line. The Dow touched new record territory before dipping into the red after which it …
Diving Into The Close
[Chart courtesy of MarketWatch.com] Moving the Markets The old adage “buy the rumor and sell the fact” certainly rang true today as the upward momentum of the past couple of days continued early in the session in anticipation of Trump’s mother of all tax cuts. While the actual announcement confirmed some leaked information, some analysts considered the tax plan a …