Day Traders Diary

April 16, 2021

The major averages closed higher to end the week with a number of indexes recording new highs  carried by strong earnings from blue-chip companies as well as solid data signaling a snapback in the economy. The Dow Jones Industrial Average gained 164 points, or 0.5%, to 34,200. The 30-stock benchmark... Read More

April 15, 2021

The major averages climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market. The Dow Jones Industrial Average rose 305 points, or 0.9%, to a record close of 34,035, marking the first time the... Read More

April 14, 2021

The major averages closed mixed with the S&P 500 slipped from record levels in volatile trading on Wednesday amid a sell-off in technology shares, while investors digested the first batch of corporate earnings that largely exceeded expectations. The broad equity benchmark dipped 0.4% or 16 points to 4,124 after hitting... Read More

April 13, 2021

The major averages closed mixed after a March inflation report turned out not as bad as some traders feared, but the impact of a halt to the rollout of Johnson & Johnson vaccine kept optimism in check. The S&P 500 added 13 points or 0.45% to reach a new intraday... Read More

April 12, 2021

The major averages finished in the red slightly below record levels as muted trading resumed before the first-quarter earnings season and the release of widely-watched inflation data. The Dow Jones Industrial Average slipped 55 points. Boeing was the biggest decliner in the blue-chip Dow, falling 2%. The S&P 500 dipped... Read More

April 9, 2021

The major averages climbed to record levels and closed out Friday at their session highs as Wall Street wrapped up the week with solid gains amid rising reopening optimism. The Dow Jones Industrial Average rose 297 points to 33,800, notching a record closing high. The S&P 500 gained 0.8% to... Read More

April 8, 2021

The S&P 500 rose to another record high on Thursday amid a strong rally in major technology stocks.The broad equity benchmark gained 0.4% to hit an all-time high after closing at a record in the previous session. The tech-heavy Nasdaq Composite rallied 0.9% as the FAANG shares of Facebook,... Read More

April 7, 2021

The major averages closed virtually unchanged as the S&P 500 eked out a record close up 6 points as minutes from the Federal Reserve's last meeting showed the central bank's commitment to accommodative policy in order to support a full economic recovery. The Dow Jones Industrial Average rose 16 points... Read More

April 6, 2021

The major averages fell from record levels on Tuesday as the recent rally driven by signs of strong economic rebound took a pause. The Dow Jones Industrial Average dipped 96 points. The S&P 500 slipped just 4 points while the Nasdaq dropped just 7 points. The blue-chip Dow and the... Read More

April 5, 2021

The Dow and S&P 500 climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.The Dow Jones Industrial Average finished up 373 points or 1.13%. The S&P 500 gained... Read More

April 1, 2021

The major averages start the second quarter to the upside as Wall Street built on a solid March following the rollout of President Joe Biden's infrastructure plan. The Dow Jones Industrial Average climbed 164 points or 0.52%. The S&P 500 rose 1.1% to a fresh intraday record high of 4,013.The... Read More

March 31, 2021

The Dow Jones finished lower to end the month, while the S&P 500 and Nasdaq closed higher led by technology shares as investors weighed the potential impact from President Joe Biden's infrastructure spending plan. The S&P 500 climbed 14 points or 0.37% hitting a fresh intraday record high. The Dow... Read More

March 30, 2021

The major averages fell on Tuesday as major technology shares came under pressure again after the 10-year Treasury yield touched its highest level since January 2020. The Dow Jones Industrial Average dipped 104 points, slipping from a record closing high. Apple and Microsoft were biggest losers in the 30-stock Dow,... Read More

March 29, 2021

The major averages closed mixed amid weakness in bank stocks caught in the downdraft of Friday's margin call, as investors assessed the ripple effect from the forced block trades. The Dow Jones Industrial Average erased a 160-point loss and turned higher, closing up 98 points or 0.3% at 33,171. The... Read More

March 26, 2021

The major averages finished the volatile week on a high note following a surge in the last hour. The Dow Jones Industrial Average closed 453 points higher, or 1.4%, to 33,072. The S&P 500 rose 1.7% to 3,974, hitting a record closing high. The Nasdaq Composite erased a 0.8% loss... Read More

March 25, 2021

The major averages wiped out earlier losses and turned higher in volatile trading Thursday as the market tried to rebound from a two-day losing streak. The S&P 500 traded 0.53% higher, while the Dow Jones Industrial Average gained 200 points after losing as much as 348 points. The Nasdaq Composite... Read More

March 24, 2021

The major averages gave up earlier gains closing in the red as tech stocks sold off, continuing a market rotation out of high-flying growth names. The Dow Jones Industrial Average dipped into the red in the final seconds of the session, closing down 3 points at 32,420. The blue-chip benchmark... Read More

March 23, 2021

The major averages sold off sharply in an afternoon led by shares of companies with the most to lose if there are any hiccups in the reopening of the global economy from the Covid-19 pandemic. The S&P 500 declined 0.76% to 3,910, pressured by industrials and materials. The Dow Jones... Read More

March 22, 2021

The major averages finished higher to start the week led by technology shares as investors flocked back into growth names amid declining bond yields.  The tech-heavy Nasdaq Composite gained 1.2% as the 10-year Treasury yield retreated. The S&P 500 rose 0.7%. The Dow Jones Industrial Average climbed 103 points or... Read More

March 19, 2021

The major averages closed mixed again with the Dow Jones Industrial Average fell after the Federal Reserve's decision to not extend a pandemic-era capital break for banks stoked a rise in bond yields and a sell-off in financial stocks. The blue-chip Dow slid 234 points, or 0.7%, to 32,627, pressured by... Read More

March 18, 2021

The markets are mixed with the S&P 500 and Nasdaq lower on a spike in bond yields fueled fears of equity valuations and caused investors to sell growth-focused highflyers. The tech-heavy Nasdaq Composite dropped 2.5% as Apple, Alphabet, Microsoft and Facebook all fell at least 2%. Tesla slipped more than 5%.... Read More

March 17, 2021

The major averages are erasing earlier losses and jumping higher Wednesday after the Federal Reserve said it sees no interest rate hikes through 2023 and that it will let inflation run hotter than usual to ensure a full economic recovery. The Dow Jones Industrial Average gained 189 points, or 0.6%,... Read More

March 16, 2021

The major averages closed mixed with the Dow falling from record highs after snapping a seven-day winning streak on Tuesday ahead the Federal Reserve's upcoming policy announcement. The Dow Jones Industrial Average fell 129 points, or 0.4%. The S&P 500 slipped 0.2% after setting a record high intraday, while the... Read More

March 15, 2021

The Dow and S&P 500 both hit new records on Monday as investors grew optimistic about the economic reopening from the pandemic. The Dow Jones Industrial Average rose 174 points, or 0.5%, to a record close of 32,953. Monday was its seventh positive trading session in a row, the longest... Read More

March 12, 2021

The major averages closed mixed once again with the Dow Jones Industrial Average jumping 0.9% to an all-time high on Friday as rising reopening optimism continued to encourage the rotation into cyclical stocks. Meanwhile, surging bond yields rekindled valuation fears and took the comeback momentum out of tech names. The... Read More

March 11, 2021

The Dow and S&P 500 hit new record highs as tech rebounds following the signing of additional fiscal stimulus gave sentiment a further boost. The S&P 500 climbed 1% to reach an all-time high, its first record since Feb. 16. The Dow Jones Industrial Average added 220 points to hit... Read More

March 10, 2021

The major averages closed mixed once again after falling bond yields and a new stimulus package spurred investors to snap up stocks that will benefit from a faster recovery from the pandemic. The blue-chip Dow jumped 464 points, or 1.5%, to close at a record high of 32,297. The S&P... Read More

March 9, 2021

The major averages are set to rally led by tech stocks after bond yields declined following encouraging comments from billionaire, David Tepper. The Dow Jones Industrial Average is set to rally 70 points or 0.24%. The S&P 500 is up 35 points or 0.9% while the Nasdaq is jumping 284 points... Read More

March 8, 2021

The major averages closed mixed again with the Dow Jones Industrial Average outperforming as investors pile into economic comeback plays after Senate approval of a new Covid stimulus package. The blue-chip benchmark gained 306 points, or 1%, to 31,802 after jumping 650 points to hit an intraday record high. The S&P... Read More

March 5, 2021

The major averages roared back from a sharp sell-off on Friday as a rally in bond yields eased, while a stronger-than-expected jobs report boosted optimism for a faster economic recovery. The Dow Jones Industrial Average climbed 572 points, or 1.9%, to 31,490 after losing as much as 150 points. The... Read More

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