Dow Jones 30 The Dow Jones 30 initially fell during the week but found enough support underneath the 21,500 level to bounce and form a bit of a hammer. I believe that the market will continue to go higher, as stock markets continue to benefit from a weaker US dollar. Ultimately, I believe that this … Continue reading Dow Jones 30 and NASDAQ 100 forecast for the week of July 24, 2017, Technical Analysis
U.S. stock index futures closed lower across the board on Friday on the heels of a sell-off in General Electric (GE). The Dow component reported better-than-expected quarterly results, but sellers drove the stock down more than 2 percent in reaction to a 12 percent year over year drop in sales. The report, released before the … Continue reading Drop in GE Stock, Below Average Volume Drive U.S. Stock Indexes Lower Across the Board
The S&P 500 started this week on a stable note by trading at all-time high price levels on Monday. The market lost momentum in the first two trading days.