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Day Traders Diary

8/6/20

The major averages rise once again led by tech shares, as traders kept an eye on Washington for clues on a new coronavirus stimulus package and pored over better-than-expected unemployment data. The Dow Jones Industrial Average traded up over 150 points or 0.6%. The S&P 500 climbed 0.5% as well and... Read More

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Diamonds and Dogs

8/6/20

The Big Five leading the averages higher. The major averages are up half a percent thanks to Apple, Amazon.com, Microsoft, Alphabet and Facebook. Facebook is up 5% today and up 15% in the last week.  Apple is up 3% today and up 20% since earnings last week. Amazing run. Insurers taking... Read More

8/5/20

Streaming lifting Disney (DIS). Disney is jumping 9% to a two-month high following lackluster earnings as sales fell 41% for the quarter. However, the company did make money and Disney+ has surpassed 100 million paid subscribers worldwide. That includes 60.5 million for Disney Plus through July, nine months after... Read More

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