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Day Traders Diary

12/7/22

The major averages closed mixed with the S&P 500 finishing lower for a fifth day as traders weighed the possibility of a recession, and the likelihood of a longer-than-expected hiking cycle from the Federal Reserve.  The S&P 500 declined just 7 points. The Dow Jones Industrial Average closed up a... Read More

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Diamonds and Dogs

12/7/22

Lowes (LOW) bouncing back.  The home improvement retailer is up 3% after updating investors on its outlook and long-term growth plans. Lowes had better than expected projections while also announcing plans to buy back $15 billion in stock in addition to a previous program that reached $6.4 billion. Airbnb (span... Read More

12/6/22

Textron (TXT) flying high. The defense stock is up 5% after winning a government contract for new helicopters for their subsidiary, Bell Helicopter. The contract could be worth up to $80 billion over the life of the deal which is a big deal for a company with a market... Read More

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