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REVIEW Another volatile week. The week started off at SPX 2760, after the best week in 8 years. A gap up opening Monday put the SPX at 2800, and then it started to pullback. On Tuesday the market gapped down at the open and traded down to SPX 2697. Another gap down opening on Thursday […]
SHORT TERM: gap down opening then slide, DOW -799 During the first two days of the week Asian markets gained 0.5%, and European markets gained 0.6%. The US market started the week at SPX 2760. After a gap up opening to SPX 2800 on Monday the market started to pullback. The pullback continued with today’s […]
REVIEW The FED turns dovish and the market rallies. The week started off at SPX 2633. After a gap up opening on Monday the market rallied to SPX 2674. Tuesday had a gap down opening to SPX 2656, but the market reversed and rallied to 2683 by the close. Wednesday had another gap up opening […]
SHORT TERM: gap up and go rally, DOW +618 For the first three days of the week Asian markets have gained 2.3%, while European markets have gained 0.8%. The week started at SPX 2633 and hasn’t looked back. After a gap up opening on Monday and rally to SPX 2674, the market gapped down on […]
First published in 2008. Thought to update it through January 21, 2017. Only goes to confirm that raw statistics are just raw statistics. DOW performance for their entire tenure, ranked from best to worse: Clinton … + 226.3% Roosevelt … + 194.4% Obama … + 149.7% Reagan … + 135.1% Eisenhower … + 120.3% Truman […]