weeklyanalysis07252009 Monday: Stocks closed with nice gains Monday, thanks to reports that troubled commercial lender CIT Group (CIT) would get $3 billion in emergency funding. Meanwhile, the Nasdaq extended its win streak to nine sessions, gaining 1.2%. The Philadelphia semiconductor index rose 1.1% â also a nine-month high. Tuesday: Indexes ended higher Tuesday, extending their recent gains as some bellwether companies released results after the close. 10 session win streak for Nasdaq. Leaders not up really strong in volume. Still didn't reach upside target. Volume rose. Solar issues bucked the weakness on news that China unveiled a plan that'll offer heavy subsidies for solar projects. Things are really moving and firing. Vix down more. The Nasdaq's June 16 distribution day also fell off the count, leaving it with no distribution days.That significantly eases the institutional selling in the current market. The IBD 100 fell 0.3% Tuesday. Wednesday: A mixed round of earnings reports sent stocks scrambling for direction Wednesday. Only the Nasdaq finished with gains, while other indexes stepped back. That marked the index's 11th straight gain. Its last 11-session win streak was in September 1996. Volume fell on both major exchanges. Still, chip stocks showed strength again as the Philadelphia semiconductor index jumped 2.4% to a nine-month high. A spate of Chinese dot-coms fared well Wednesday. Tech stocks led the way early on, buoyed by Apple's (AAPL) bullish earnings report late Tuesday. The iPod and iPhone maker gapped up at the opening bell, rising 4% in massive turnover. Corporate earnings news continued to dominate the headlines. The news wasn't as bright in the financial sector. Thursday: Earnings, M&A news and better-than-forecast housing data boosted stocks to new multimonth highs Thursday. The Nasdaq extended its win streak to 12 sessions, up 2.5%. Volume ran vastly higher on both exchanges. Some leaders didn't fare well. The action wiped out the last remaining distribution days. The IBD 100 lagged the major indexes, adding only 1.6%. Vix: 23.5 Dow closes above 9000. Friday: While stocks ended mixed after a choppy session Friday, they capped the week with good gains. The Nasdaq slipped 0.4%, snapping its 12-session win streak. Turnover fell sharply on both exchanges. Despite the day's split results, the indexes ramped higher for the second straight week and are at eight- and nine-month highs. For the week, the NYSE composite rose 5%, the Nasdaq 4.2%, the S&P 500 4.1% and the Dow 4%. In commodities news, crude oil prices sank 29 cents to $66.87 a barrel. The IBD 100 led the indexes Friday with a 0.6% gain, as this gauge of leading stocks reached its highest level since February. weeklyanalysis08012009 Monday: Stocks rose modestly Monday, extending their two-week advance. A round of mixed earnings reports and outlooks from Aetna and Honeywell pressured stocks for the bulk of the session, but equities showed resilience and rallied to finish higher. Volume rose on the NYSE and slipped on the Nasdaq. Stocks have improved following news that new-home sales surged 11% to a seasonally adjusted rate of 384,000, well above estimates. In a taping of a PBS special slated to air this week, Bernanke said it takes GDP growth of around 2.5% to keep the jobless rate constant. Economic growth likely won't be robust enough during the latter half of 2009 to lower the jobless rate, Bernanke said. The unemployment rate was 9.5 percent in June. In fact, the action looked like typical bull-market behavior: Early weakness turned into afternoon strength. And the market's remarkable run simply continued. The market's leaders paused from their recent heady gains. The IBD 100, a proxy for the best stocks, fell 0.4%. Tuesday: Major indexes finished mixed as investors digested a flood of corporate earnings reports, M&A news and economic data. The Conference Board reported its consumer confidence gauge fell to 46.6 in July, down from 49.3 in June and below estimates. Turnover rose across the board, especially on the NYSE. The higher trade gave a distribution day to the NYSE composite and S&P 500. Again, the action looked like typical bull-market behavior: Early weakness turned into afternoon strength. The tech-rich index forged ahead, marking its 14th advance in 15 recent sessions. Leading stocks saw mixed results, with some prominent up- and downside moves for the day. Wednesday: Shanghai composite closes off 5%. Two days of weakness in solar stocks. The Commerce Department said durable goods orders fell 2.5% in June. That was the biggest drop since January, well below May's 1.3% gain and below estimates calling for a 0.6% pullback. Excluding transportation, orders climbed 1.1% in June, topping estimates calling for flat growth. Oil prices fell below $66 a barrel early Wednesday, reflecting a weak demand outlook, declining U.S. consumer confidence and rising crude inventories. Thursday: A mixed durable goods report and a weak bond auction pressured stocks Wednesday, but a late-session rally eased some of the pain. Crude oil slumped almost 6%, settling at $63.35 a barrel on a surprising build in inventories. Volume ticked up on the NYSE and fell on the Nasdaq, according to preliminary data. The Fed's beige book noted continued weakness in economic activity. But the pace of decline has moderated or stabilized in most districts, it said. Retail sales were slow in most regions, but a few districts reported improvements in manufacturing activity. Friday: A drop in continuing jobless claims boosted stocks Thursday. Most indexes hit their best levels since November, but a late-day sell-off pared some gains. Volume climbed on both exchanges. Stocks finished mixed after a lackluster session Friday, but they closed out the week and month with gains. Before the open, the Commerce Dept. said the economy contracted 1% in the second quarter. That's better than views for a 1.5% drop. But there was a sharp revision to the Q1 GDP, and the consumer spending component fell. Volume dropped off across the board. SOo, what does it all mean? First off the indexes have finally rallied for a 4+ mo. period and have yet to engage in a classic (10%+) correction. My systems hugely outperform by accurately targeting market trends. With the sudden and sharp run-up, it benefits me when/if the market corrects which it again <i>conveniently</i> avoided. So we simply follow in it's tracks and wait for the inevitable. Meanwhile, my ETF and covered call systems have benefitted with strong gains off the bottom. My futures system has simply held onto past gains, however the routine shifts will benefit the long-term trend upwards and beyond. Most probably noticed the innocuous few day 10%+ rally that occurred after a ~7.5% market drop. Very frustrating to have missed the gains in my futures fund - that I went too cautious in - but enabled me to re-evaluate my basic allocation schedule and to put more faith in sticking to it. All systems remain well on track for long-term growth prospects! pay$
weeklyanalysis07252009 Monday: Stocks closed with nice gains Monday, thanks to reports that troubled commercial lender CIT Group (CIT) would get $3 billion in emergency funding. Meanwhile, the Nasdaq extended its win streak to nine sessions, gaining 1.2%. The Philadelphia semiconductor index rose 1.1% â also a nine-month high. Tuesday: Indexes ended higher Tuesday, extending their recent gains as some bellwether companies released results after the close. 10 session win streak for Nasdaq. Leaders not up really strong in volume. Still didn't reach upside target. Volume rose. Solar issues bucked the weakness on news that China unveiled a plan that'll offer heavy subsidies for solar projects. Things are really moving and firing. Vix down more. The Nasdaq's June 16 distribution day also fell off the count, leaving it with no distribution days.That significantly eases the institutional selling in the current market. The IBD 100 fell 0.3% Tuesday. Wednesday: A mixed round of earnings reports sent stocks scrambling for direction Wednesday. Only the Nasdaq finished with gains, while other indexes stepped back. That marked the index's 11th straight gain. Its last 11-session win streak was in September 1996. Volume fell on both major exchanges. Still, chip stocks showed strength again as the Philadelphia semiconductor index jumped 2.4% to a nine-month high. A spate of Chinese dot-coms fared well Wednesday. Tech stocks led the way early on, buoyed by Apple's (AAPL) bullish earnings report late Tuesday. The iPod and iPhone maker gapped up at the opening bell, rising 4% in massive turnover. Corporate earnings news continued to dominate the headlines. The news wasn't as bright in the financial sector. Thursday: Earnings, M&A news and better-than-forecast housing data boosted stocks to new multimonth highs Thursday. The Nasdaq extended its win streak to 12 sessions, up 2.5%. Volume ran vastly higher on both exchanges. Some leaders didn't fare well. The action wiped out the last remaining distribution days. The IBD 100 lagged the major indexes, adding only 1.6%. Vix: 23.5 Dow closes above 9000. Friday: While stocks ended mixed after a choppy session Friday, they capped the week with good gains. The Nasdaq slipped 0.4%, snapping its 12-session win streak. Turnover fell sharply on both exchanges. Despite the day's split results, the indexes ramped higher for the second straight week and are at eight- and nine-month highs. For the week, the NYSE composite rose 5%, the Nasdaq 4.2%, the S&P 500 4.1% and the Dow 4%. In commodities news, crude oil prices sank 29 cents to $66.87 a barrel. The IBD 100 led the indexes Friday with a 0.6% gain, as this gauge of leading stocks reached its highest level since February. weeklyanalysis08012009 Monday: Stocks rose modestly Monday, extending their two-week advance. A round of mixed earnings reports and outlooks from Aetna and Honeywell pressured stocks for the bulk of the session, but equities showed resilience and rallied to finish higher. Volume rose on the NYSE and slipped on the Nasdaq. Stocks have improved following news that new-home sales surged 11% to a seasonally adjusted rate of 384,000, well above estimates. In a taping of a PBS special slated to air this week, Bernanke said it takes GDP growth of around 2.5% to keep the jobless rate constant. Economic growth likely won't be robust enough during the latter half of 2009 to lower the jobless rate, Bernanke said. The unemployment rate was 9.5 percent in June. In fact, the action looked like typical bull-market behavior: Early weakness turned into afternoon strength. And the market's remarkable run simply continued. The market's leaders paused from their recent heady gains. The IBD 100, a proxy for the best stocks, fell 0.4%. Tuesday: Major indexes finished mixed as investors digested a flood of corporate earnings reports, M&A news and economic data. The Conference Board reported its consumer confidence gauge fell to 46.6 in July, down from 49.3 in June and below estimates. Turnover rose across the board, especially on the NYSE. The higher trade gave a distribution day to the NYSE composite and S&P 500. Again, the action looked like typical bull-market behavior: Early weakness turned into afternoon strength. The tech-rich index forged ahead, marking its 14th advance in 15 recent sessions. Leading stocks saw mixed results, with some prominent up- and downside moves for the day. Wednesday: Shanghai composite closes off 5%. Two days of weakness in solar stocks. The Commerce Department said durable goods orders fell 2.5% in June. That was the biggest drop since January, well below May's 1.3% gain and below estimates calling for a 0.6% pullback. Excluding transportation, orders climbed 1.1% in June, topping estimates calling for flat growth. Oil prices fell below $66 a barrel early Wednesday, reflecting a weak demand outlook, declining U.S. consumer confidence and rising crude inventories. Thursday: A mixed durable goods report and a weak bond auction pressured stocks Wednesday, but a late-session rally eased some of the pain. Crude oil slumped almost 6%, settling at $63.35 a barrel on a surprising build in inventories. Volume ticked up on the NYSE and fell on the Nasdaq, according to preliminary data. The Fed's beige book noted continued weakness in economic activity. But the pace of decline has moderated or stabilized in most districts, it said. Retail sales were slow in most regions, but a few districts reported improvements in manufacturing activity. Friday: A drop in continuing jobless claims boosted stocks Thursday. Most indexes hit their best levels since November, but a late-day sell-off pared some gains. Volume climbed on both exchanges. Stocks finished mixed after a lackluster session Friday, but they closed out the week and month with gains. Before the open, the Commerce Dept. said the economy contracted 1% in the second quarter. That's better than views for a 1.5% drop. But there was a sharp revision to the Q1 GDP, and the consumer spending component fell. Volume dropped off across the board. So, what does it all mean? First off the indexes have finally rallied for a 4+ mo. period and have yet to engage in a classic (10%+) correction. My systems hugely outperform by accurately targeting market trends. With the sudden and sharp run-up, it benefits me when/if the market corrects which it again <i>conveniently</i> avoided. So we simply follow in it's tracks and wait for the inevitable. Meanwhile, my ETF and covered call systems have benefitted with strong gains off the bottom. My futures system has simply held onto past gains, however the routine shifts will benefit the long-term trend upwards and beyond. Most probably noticed the innocuous few day 10%+ rally that occurred after a ~7.5% market drop. Very frustrating to have missed the gains in my futures fund - that I went too cautious in - but enabled me to re-evaluate my basic allocation schedule and to put more faith in sticking to it. All systems remain well on track for long-term growth prospects! ETF system (c2 audited) Futures system (c2 audited) Covered call system (c2 audited) Covered call system (52-week website result) pay$
It has been a few weeks since I provided my updates. Keep in mind the information compiled is all that's needed to allow for me to make trading decisions. weeklyanalysis08012009 Monday: Stocks rose modestly Monday, extending their two-week advance. A round of mixed earnings reports and outlooks from Aetna and Honeywell pressured stocks for the bulk of the session, but equities showed resilience and rallied to finish higher. Volume rose on the NYSE and slipped on the Nasdaq. Stocks have improved following news that new-home sales surged 11% to a seasonally adjusted rate of 384,000, well above estimates. In a taping of a PBS special slated to air this week, Bernanke said it takes GDP growth of around 2.5% to keep the jobless rate constant. Economic growth likely won't be robust enough during the latter half of 2009 to lower the jobless rate, Bernanke said. The unemployment rate was 9.5 percent in June. In fact, the action looked like typical bull-market behavior: Early weakness turned into afternoon strength. And the market's remarkable run simply continued. The market's leaders paused from their recent heady gains. The IBD 100, a proxy for the best stocks, fell 0.4%. Tuesday: Major indexes finished mixed as investors digested a flood of corporate earnings reports, M&A news and economic data. The Conference Board reported its consumer confidence gauge fell to 46.6 in July, down from 49.3 in June and below estimates. Turnover rose across the board, especially on the NYSE. The higher trade gave a distribution day to the NYSE composite and S&P 500. Again, the action looked like typical bull-market behavior: Early weakness turned into afternoon strength. The tech-rich index forged ahead, marking its 14th advance in 15 recent sessions. Leading stocks saw mixed results, with some prominent up- and downside moves for the day. Wednesday: Shanghai composite closes off 5%. Two days of weakness in solar stocks. The Commerce Department said durable goods orders fell 2.5% in June. That was the biggest drop since January, well below May's 1.3% gain and below estimates calling for a 0.6% pullback. Excluding transportation, orders climbed 1.1% in June, topping estimates calling for flat growth. Oil prices fell below $66 a barrel early Wednesday, reflecting a weak demand outlook, declining U.S. consumer confidence and rising crude inventories. Thursday: A mixed durable goods report and a weak bond auction pressured stocks Wednesday, but a late-session rally eased some of the pain. Crude oil slumped almost 6%, settling at $63.35 a barrel on a surprising build in inventories. Volume ticked up on the NYSE and fell on the Nasdaq, according to preliminary data. The Fed's beige book noted continued weakness in economic activity. But the pace of decline has moderated or stabilized in most districts, it said. Retail sales were slow in most regions, but a few districts reported improvements in manufacturing activity. Friday: A drop in continuing jobless claims boosted stocks Thursday. Most indexes hit their best levels since November, but a late-day sell-off pared some gains. Volume climbed on both exchanges. Stocks finished mixed after a lackluster session Friday, but they closed out the week and month with gains. Before the open, the Commerce Dept. said the economy contracted 1% in the second quarter. That's better than views for a 1.5% drop. But there was a sharp revision to the Q1 GDP, and the consumer spending component fell. Volume dropped off across the board. (continued)
weeklyanalysis08082009 Monday: Better-than-expected manufacturing and construction data boosted stocks to multimonth highs Monday. Meanwhile, the S&P 500 rallied 1.5% and closed above the 1000 mark for the first time since November. The Nasdaq also gained 1.5%, closing above the 2000 level for the first time since Oct. 1. Volume dropped sharply on the NYSE and slipped on the Nasdaq. In economic news, the Institute for Supply Management said its manufacturing index rose to a better-than-expected 48.9 in July, up from a 44.8 reading in June and above economists' views. Oil topped $70 a barrel, extending the previous session's gain. The IBD 100, a proxy of the market's leading stocks, leapt 2.3%. Tuesday: Stocks extended their winning ways Tuesday following a round of mostly upbeat economic data. Action was choppy throughout the session, but most indexes still nabbed their fourth straight advance. Volume climbed slightly on both exchanges, according to preliminary data. Chinese issues continued to be some of the market's best performers. In commodities news, crude oil prices fell more than $1 to below $71 a barrel, paring three days of gains. The IBD 100 index took a nominal 0.1% gain. Wednesday: Stocks fell on economic concerns Wednesday, but closed well off session lows. A couple of weak jobs reports and worse-than-expected services data trumped a surprise jump in factory orders. Volume spiked higher on the NYSE, giving the Dow and S&P 500 each a distribution day. The Nasdaq also logged a distribution day, as its turnover rose slightly. Chip issues were under pressure along with the general market. The Philadelphia semiconductor index fell 1.6%, on pace to snap a four-session win streak. The ISM services index slipped to 46.4 in July vs. expectations for an improvement to 48. Thursday: Stocks gave up early gains and finished lower Thursday, ahead of Friday's key jobs report. The tech-heavy index closed below the 2000 mark for the second session. Two distribution days in a row for the Nasdaq. Four or five distribution days in a few weeks can signal a market correction. The indexes also finished near the lower end of the day's range â a bearish sign. The market opened higher, but quickly sold off. The IBD 100, a proxy for top-rated stocks, dropped 1.7% - much larger than the general market. Friday: Cheery economic data sent most major indexes to multimonth highs Friday. The July jobs report was better than expected on all fronts: Nonfarm payrolls fell less than forecast, revisions in June were positive and the unemployment rate dipped. The S&P 500 and NYSE composite gained 1.3% and 1.1%, respectively. Both hit 10-month highs. The Dow climbed 1.2% to a nine-month peak. The Nasdaq slightly outshone with a 1.4% gain. But the tech-laden index did not score a multimonth high; it closed a tad above 2000. Volume ended mixed, with NYSE higher and Nasdaq lower. Still, the major indexes climbed for the fourth straight week. The NYSE composite rallied 2.5%, S&P 500 2.3% and Dow 2.2%. The Nasdaq lagged with a 1.1% gain. Employers shed 247,000 jobs in July, far fewer than the 325,000 predicted by analysts and the 443,000 jobs lost in June. The unemployment rate fell to 9.4% from 9.5%, also better than estimates, which called for a slight gain. It was the first dip in unemployment in over a year. After taking hard shots earlier in the week, the bulls counterpunched Friday with mixed results. True, the major indexes were all up Friday, but the Nasdaq's volume was down. That suggested that after heavy selling Wednesday and Thursday, institutions weren't in a mood to grab shares with both hands. Small caps and midcaps did much better: The S&P 600 rose 2.7% and the midcap S&P 400 2.6%. weeklyanalysis08152009 Monday: Stocks stepped back following a four-week advance Monday. But a late-session rally shaved a chunk of losses. The NYSE composite dropped 0.6%. The Nasdaq lost 0.4%, slipping back below the 2000 level. Meanwhile, the S&P 500 fell 0.3%. It closed above the 1000 mark after breaching it intraday. And the Dow eased 0.3%. Volume dropped sharply on both the NYSE and Nasdaq, avoiding a distribution day for the major indexes. Investors will keep an eye on the Fed for further indications of the economy's health. The Fed's two-day meeting begins Tuesday. It's expected to keep key interest rates steady at near zero. The Fed might have to raise rates eventually, however, amid concerns about inflation. Tuesday: Major stock indexes gave up ground again Tuesday ahead of the Fed's decision on interest rates. Volume rose on both exchanges - creating distribution days across the board, but was generally quiet for a second straight session. In economic news, the Fed's Federal Open Market Committee began its two-day meeting on interest rate policy in Washington, D.C. Wednesday: Stocks shot up Wednesday on upbeat housing news and the Fed's optimistic view of the economy. But late selling shaved some gains. Stocks shot up Wednesday on upbeat housing news and the Fed's optimistic view of the economy. But late selling shaved some gains. At the close, the Nasdaq pared a 2.3% gain to 1.5%. During the session, the tech-laden index nearly matched its Aug. 4 high. Volume climbed on both exchanges - a solid reply to yesterday's distribution. As expected, the Fed left interest rates unchanged in a range of 0% to 0.25%. The central bank noted that while the economic slowdown was "leveling out," conditions were likely to remain weak. The Fed will continue to buy long-term government securities until the end of October. Thursday: Stocks brushed off a round of worse-than-expected economic news and finished higher for a second straight session Thursday. Trading was choppy, but the major indexes closed near session highs. Thanks to financials and metal stocks, the NYSE composite outshone with a 1% gain. Volume tumbled on the NYSE and ticked lower on the Nasdaq. Solar stocks slumped after Barclays Capital cut the sector to neutral from positive. Friday: A surprising drop in consumer sentiment sent stocks reeling across the board Friday, but a late rally shaved a chunk of losses. The Nasdaq lost 1.2%, closing back under the 2000 level. The S&P 500 fell 0.9%, but finished above the 1000 mark. All four major indexes snapped their four-week win streaks. The Nasdaq and NYSE composite each fell 0.7%, while the S&P 500 lost 0.6% and Dow 0.5%. My signal shifts have provided a good long-term results using covered calls since 1998. I now use futures and etf's that give an even greater result. paysense
weeklyanalysis08292009 Monday: Most major indexes turned good gains into modest losses Monday, snapping a four-session win streak. Only the Dow managed a small gain. Tuesday: Better-than-expected economic data lifted stocks to new multimonth highs Tuesday, but they closed near session lows for the second straight day. Volume fell across the board. Wednesday: Stocks seesawed to a mostly flat finish Wednesday following a round of mixed economic data. Nasdaq volume rose while NYSE trade fell. Thursday: Stocks bounced back from big losses to finish with good gains to close near session highs Thursday. Volume climbed across the board. Friday: Stocks seesawed to a mixed finish Friday, but capped the week with slight gains. For the week, the NYSE composite climbed 0.5% and S&P 500 0.3%. The Dow and Nasdaq rose 0.4% each. The IBD 100 eased for a third straight day, losing 0.4%. For the week, it was flat vs. modest gains for the major indexes.
weeklyanalysis09052009 Monday: The Nasdaq's volume trailed off, but the NYSE's picked up. The increased volume on the NYSE means a distribution day is added to the NYSE composite, S&P 500 and Dow. But indexes climbed for the month of August: The Dow motored 3.5%, the S&P 500 grew 3.4% and the Nasdaq perked up 1.5%. Vix: 26 Tuesday: Stocks sold off in heavy trading Tuesday, despite improving industrial and home sales data. The selling added distribution days to all the major indexes and placed the current uptrend under pressure. Leaders took heavy hits as well, dragging the IBD 100 index to a 2.8% loss. Wednesday: Stocks lost some more ground Wednesday, extending the previous session's big losses. Indexes struggled for direction for most of the session. A round of mixed economic data failed to sway stocks much in either direction. Thursday: Stocks bounced back from recent losses and closed at session highs Thursday. But they did so in low volume ahead of Friday's key August jobs report. The IBD 100 rose 1.6%, leading for a second straight day. Yet not many leaders moved in big trade. While overall action in stocks has been quiet since the market came under pressure, gold-mining stocks appear to be creating their own alternative universe. In bullion's world, volume is huge and price gains are stunning. Friday: In economic news, the Labor Department said employers cut 216,000 jobs from their rolls in August, slightly less than the 225,000 predicted by economists. But the unemployment rate spiked to a 26-year high of 9.7%, above views pegging a jobless rate of 9.5%. Stocks closed higher for the second session Friday, despite a mixed jobs report. The unemployment rate climbed more than expected and employers cut more jobs in June and July than previously thought, but traders focused on the fact that job losses are slowing. It was clear that institutional investors had skipped out early, ahead of the three-day weekend. While the advance was encouraging, light volume on both Friday's and Thursday's gains left some doubt about the market's rebound attempt. The picture may become more clear next week, when traders return from the Labor Day weekend.
Monday: U.S. Markets were closed in observance of the Labor Day holiday. Tuesday: A swooning dollar sent commodities soaring, helping stocks post solid gains. Stocks climbed for a third straight session Tuesday, thanks to merger news and rallying commodities. Both the Nasdaq and NYSE closed at their highest levels in 11 months. Volume climbed on both major exchanges as traders returned from the Labor Day weekend. Leading stocks scored nice gains as the IBD 100 rose 1.5%. That's the fourth straight time IBD's gauge of top-rated stocks has outperformed the broad market. With the market trying to make new highs, it's encouraging to see leading stocks spearheading the move. Leading Chinese stocks again rallied while many continued to rise from support at their 10-week moving averages. Wednesday: Stocks slapped together more gains Wednesday, extending the win streak for the major indexes to four sessions. Turnover rose on the Nasdaq and slipped on the NYSE. With the NYSE, the S&P 500 and the Nasdaq at new closing highs for the year, the Market Direction changes to confirmed uptrend from uptrend under pressure. Another bullish factor is the action of the IBD 100. On Wednesday the IBD 100 popped 1.7%. In each of the five past sessions, the IBD 100 has outperformed the indexes, often by a solid margin. Thursday: Leading stocks once again led the pack Thursday as the major indexes tacked on more gains. The IBD 100 rose 1.3%, outperforming the broad indexes for the sixth straight session. The Nasdaq wiped its slate clean of distribution days. Friday: Stocks slipped Friday, ending a five-session win streak. Volume, however, was lower on both major exchanges, suggesting that institutional investors were not throwing in the towel. For the week, the Nasdaq and NYSE composite climbed 3.1% each. The S&P 500 rose 2.6% and the Dow 1.7%. The IBD 100 dropped 0.5% Friday. For the week, it jumped 4.1%, easily topping the major indexes. It was the first time it outpaced the S&P 500 since July. The Dow and the IBD 100 were the bookends of the recent market win streak. The Dow's 4% gain was the smallest of the indexes over the five up sessions; the IBD 100's 8% pop was the biggest.
weeklyanalysis09192009 Monday: Stocks brushed off U.S.-Chinese trade tensions and finished strong Monday. Turnover fell on both exchanges. Tuesday: The major indexes plowed through the first day of the week's heavy economic calendar, taking modest gains and pressing to fresh, 11-month highs. Wednesday: A round of deal news and more economic optimism sent stocks higher for the third straight session Wednesday. Thursday: Stocks reversed from new multi-month highs and snapped a three-day win streak Thursday. Equities digested a round of mixed economic data. A few leaders took it on the chin. The Philadelphia factory index. The September number trounced analysts' estimates, reaching the highest level since July 2007. The IBD 100 retreated 0.4%. Volume was lower across the board, suggesting there wasn't aggressive selling among funds. The market remains in a confirmed uptrend with hardly any distribution days hanging over it. Friday: Stocks bobbed and weaved to a slightly higher finish Friday, capping the week with gains. For the week, the Nasdaq, NYSE composite and S&P 500 rallied 2.5% apiece. The Dow rose 2.2%. Elsewhere, gold again lost luster but closed above the $1,000 level. weeklyanalysis09262009 Monday: Stocks finished off the worst levels of the session, but only the Nasdaq closed higher Monday. Volume dropped off on the Nasdaq and NYSE from Friday's quadruple-witching levels. The market also saw the Conference Board's index of leading economic indicators, which rose 0.6% in August. That missed economists' consensus estimate for a 0.7% gain. But it was the fifth straight monthly rise, and another sign that the recession is either over or soon will be. Few leading stocks suffered big hits as the IBD 100 eased 0.1%. The index continued a recent trend in which it's been outperforming the major indexes. Tuesday: The NYSE composite led Tuesday's gains, climbing 1.1% thanks to strength in commodity-related stocks. Volume rose across the board. The IBD 100 rose 0.8%, outperforming all indexes but the NYSE composite. IBD's index of top-performing stocks has been outpacing the broad market in recent weeks â a positive sign for both the market and leading stocks. Wednesday: Stocks closed near session lows Wednesday after a Fed-inspired rally faded in late trade. Volume rose on the Nasdaq and NYSE. Turnover rose on both exchanges, giving the major indexes a distribution day. All four major indexes suffered a distribution day: a significant loss in a major index in rising volume. It points to institutional selling. The price and volume action of the indexes is your most reliable guide. Right now, the chief reality is that the market is in an uptrend, and leading stocks generally are holding up. Thursday: Major indexes fell for the second straight session Thursday as weak housing data offset a bigger-than-expected drop in initial jobless claims. Turnover climbed on the NYSE, giving the Dow, S&P 500 and NYSE composite another distribution day. Nasdaq trade ended slightly lower. Friday: Stocks reversed from fresh multimonth highs and finished lower Wednesday. Major indexes were up for most of the session and even tacked on more gains after the Fed stood pat on interest rates and extended the timing of buying mortgage-backed securities. Stocks stumbled for a third straight session Friday on worst-than-expected economic data. Turnover fell on both exchanges. For the week, the NYSE composite shed 2.8%, the S&P 500 2.2%, the Nasdaq 2% and the Dow 1.6%. <b>So basically of all the news transmitted on any given day <i>-- this is what I deem noteworthy to handle my investments.</i></b> pay$
weeklyanalysis10032009 Monday: A barrage of news about mergers and acquisitions helped stocks snap a three-session decline Monday. But the major indexes closed off the best levels of the session. The IBD 100 index grabbed a 2.7% win, its best advance since July 14. Tuesday: Stocks slipped and volume rose ahead of key economic data being released later this week. The few bright spots aside, the day was one of distribution. It was the Dow's fourth day of higher-volume selling in recent weeks (but volume compared with Monday's holiday-lightened trade). Moreover, leaders again outperformed. The IBD 100 rose 0.4%. That's also a bullish sign, indicating that market leaders generally brushed off the selling. Wednesday: U.S. private employers cut a larger-than-expected 254,000 jobs in September, but less than a revised 277,000 jobs lost in August, the ADP employment report said. Meanwhile, the government revised Q2's GDP decline to 0.7%. That was better than the 1.2% annualized decline forecast and topped the 1.0% decline earlier reported. Thursday: The major indexes wrapped up September and the third quarter with just a splash of red ink. Preliminary data showed volume higher across the board. If confirmed, that would add distribution days to the NYSE, the Dow and the S&P 500. The monthly numbers were firmly bullish. The NYSE ended September â historically the market's worst month â with a 4.1% gain. The Nasdaq rolled 5.6% higher, its seventh straight monthly advance. The S&P 500 added 3.6%, also its seventh straight win. The Dow brought up the rear with a 2.2% gain. Friday: Stocks fell for the fourth straight session Friday as monthly job losses came in worse than expected. Turnover fell across the board. For the week, the NYSE composite lost 2.2%, the Nasdaq 2%, and the Dow and the S&P 500 fell 1.8% each. weeklyanalysis10102009 Monday: Major indexes snapped a four-day losing streak Monday thanks to better-than-expected services data and a jump in bank issues. Tuesday: Stocks ended higher in a strong session Tuesday after rebounding off midafternoon lows. Wednesday: Stocks finished mostly higher following a tight range, seesaw session Wednesday, ahead of the start of earnings season. Volume dropped to anemic levels. Thursday: Better-than-expected economic data and Alcoa's profit surprise pushed stocks higher Thursday. But the major indexes closed off the best levels of the session after having been up over 1%. Friday: Stocks finished strong after a quiet session Friday, capping the week with gains. With the exception of the Dow, the major indexes were up for five straight sessions. The third-quarter earnings season got off to a solid start last week when Alcoa issued a surprise profit. That and other good news on the earnings front helped spark a rally on Wall Street. For the full week, the NYSE rose 5.1%, the S&P 500 4.5%, the Nasdaq 4.4% and the Dow 4%. The IBD 100 rose 1.1%. It was up 7% for the week, easily leading the pack. weeklyanalysis10172009 Monday: Stocks finished mostly higher in a quiet day of trading Monday. The Chinese government has banned foreign investment into its online gaming industry. Volume fell on the Nasdaq and the NYSE as Columbus Day slowed trading some. Action among leading stocks was a standoff. Only a handful were moving up or down in heavy volume. Still, this continued a worrisome trend in the major indexes: Prices are rising as volume is fading. Eighty percent of economists surveyed by the National Association for Business Economics say the recession is probably over. But that same survey showed an outlook for a sluggish recovery, weighed down by huge federal debt and high joblessness. Tuesday: Stocks finished near session highs following a choppy session Tuesday. Leading stocks moved in tandem with the general market. The IBD 100 lost 0.2%. The S&P 500's five distribution days are enough to raise alarm. Wednesday: Stocks bounced back from modest losses Thursday and extended Wednesday's big gains. Thursday's positive reversal was encouraging. However, leaders appear stuck in neutral. The IBD 100 slipped 0.3% as relatively few high-rated stocks rose in higher volume. Thursday: Stocks bounced back from modest losses Thursday and extended Wednesday's big gains. Friday: A bigger-than-forecast loss from Bank of America, disappointing sales from General Electric and a surprising drop in consumer sentiment sent stocks lower Friday. All the major indexes suffered a distribution day. For the week, the NYSE composite climbed 1.7%, the S&P 500 1.5%, the Dow 1.3% and Nasdaq 0.8%.
weeklyanalysis10242009 Monday: Stocks bounced back from a shaky start and scored new 2009 highs on this 22nd anniversary of Black Monday. The Dow closed back above the 10,000 level. Turnover fell sharply from Friday's options-heightened levels. Leaders put in a strong day. The IBD 100, a proxy for the market's best stocks, swelled 1.8%. Tuesday: Indexes ended Wednesday lower in higher trade. Small caps fell further than the general market, with the S&P 600 tumbling 1.2%. The result for the major indexes was a distribution day for all major indexes. Still, few leading stocks came under heavy selling. Wednesday: A late-session sell-off turned good gains into losses Wednesday. Stocks were up for most of the session on upbeat earnings, but turned tail on news that Rochdale Securities analyst Dick Bove had downgraded Well Fargo to sell from hold. Volume climbed on both exchanges. The result added a distribution day to the major indexes. The market's bearish reversal and high-volume losses among many leading stocks Wednesday were troubling, too. That put the market's uptrend back under caution. Thursday: Stocks climbed for the first time in three sessions Thursday following a round of mixed economic and earnings data. Volume dropped off on both exchanges. Friday: Stocks staged a nasty reversal Friday, despite mostly cheery earnings and upbeat housing data Nasdaq volume climbed, while NYSE trade fell All major indexes hit new yearly highs on the week, but finished lower. The NYSE composite fell 0.9%, the S&P 500 0.7%, the Dow 0.2% and the Nasdaq 0.1%. weeklyanalysis10312009 Monday: A Monday morning rally fizzled as a comeback in the dollar handed stocks their second straight loss. Volume rose on the NYSE and fell on the Nasdaq. Tuesday: Stocks finished mostly lower following mixed economic data Tuesday. Housing data were better than expected, but consumer confidence unexpectedly fell. Volume edged up across the board. Many leaders got hit on heavy trade. About 80% of the IBD 100 components finished lower. With its leaders damaged, the market is clearly now in a correction. Wednesday: Economic worries sent stocks sliding Wednesday and extended their recent losing streak to four sessions. Volume spiked up on the Nasdaq and NYSE. The Nasdaq sliced its 50-day moving average, tumbling 2.7%. The NYSE composite and S&P 500 also sliced their 50-day lines, losing 2.4% and 2%, respectively. Many leaders were again under fire. Thursday: Stocks staged a big comeback following a better-than-expected GDP report Thursday. But volume fell sharply across the board. Friday: Stocks sold off Friday as reports on consumer spending and sentiment turned sour. The major indexes erased Thursday's rebound and then some. Turnover climbed on both exchanges, suggesting that professionals dumped shares. On Thursday, the averages staged a huge comeback, but did so in weak volume. For the week, the Nasdaq tumbled 5.1%, its biggest loss since a 6.1% drop in the week ended March 6. The NYSE composite gave up 4.6%, the S&P 500 sank 4% and the Dow fell 2.6%.