Day Traders Diary

February 3, 2023

The major averages sold off on Friday as a strong jobs report worried some investors the Federal Reserve would keep hiking rates. The S&P 500 finished down 43 points or 1%, while the Nasdaq Composite declined 193 points or 1.5%. The Dow Jones Industrial Average fell 127 points, or about... Read More

February 2, 2023

The major averages closed mixed with the Dow Jones dropping 39 points while the S&P 500 rose 60 points or 1.4% while the Nasdaq jumped 284 points or 3.2% thanks to better-than-expected Meta results further improved sentiment around technology shares, which led the market lower last year. Some momentum came out... Read More

February 1, 2023

The major averages gained on Wednesday in an intraday turnaround as investors shook off a quarter-point rate hike from the Federal Reserve and instead focused on comments from Fed Chairman Jerome Powell that acknowledged falling inflation. The S&P 500 gained 1% or 42 points reversing an early decline of almost... Read More

January 31, 2023

The major averages are higher to start the day after trading down over a percent during the night to wrap up what has been a strong month for equities. The Dow Jones Industrial Average is set to advance 64 points, or 0.19%. The S&P 500 is higher by a point... Read More

January 30, 2023

The major averages finished lower, after flirting with positive territory mid-day, pausing a January rally as investors braced for the busiest week of earnings season and a possible interest rate hike from the Federal Reserve. The Dow Jones Industrial Average declined 260 points, or 0.77%, to 33,717.09. The S&P 500... Read More

January 27, 2023

The major averages finished out the day to the upside continuing the 2023 comeback rally for another winning week and better-than-expected economic growth and a pop in Tesla shares. The Dow Jones Industrial Average added 28.67 points, or 0.08%, to finish at 33,978. The Nasdaq Composite jumped 0.95% to settle... Read More

January 26, 2023

The major averages are set to rally following fourth-quarter domestic product that came in above expectations, and investors parsed through the latest batch of corporate earnings. The Dow Jones Industrial Average is up 84 points to start the day. The S&P 500 is up 24 points while the Nasdaq is... Read More

January 25, 2023

The major averages closed mixed with the Dow finishing in the green by 9 points erasing a 400 point decline earlier in the day. The Nasdaq closed down 20 points while the S&P 500 closed down just 73 cents. Technology bared the brunt of the session's losses after Microsoft's lackluster guidance... Read More

January 24, 2023

  The major averages closed mixed on Tuesday as investors parsed through the latest batch of corporate earnings reports for insight into the state of the economy. The Dow gained 104 points, or 0.3%, while the S&P 500 traded down 2 points. The Nasdaq Composite dipped 30 points or 0.27%. Earnings season... Read More

January 23, 2023

The major averages rose to start the week as investors contemplated a potential slowdown in interest rate hikes from the Federal Reserve and braced for a busy week of earnings. The Nasdaq Composite surged 2.01% to finish at 11,364, while the Dow Jones Industrial Average rose 254 points, or 0.76%,... Read More

January 20, 2023

The major averages rallied to finish the week after losing some of the early January rally momentum the last few days. The Dow Jones Industrial Average added 330 points, or 1%, to close at 33,375, while the S&P 500 advanced 73 points or 1.89% to 3,972. Both indexes snapped a... Read More

January 19, 2023

The major averages fell once again for a third straight day as investors grew increasingly concerned the Federal Reserve will keep raising rates despite signs of slowing inflation. The Dow Jones Industrial Average lost 252 points, or 0.6%, to 33,227, giving up its gains from the new year rally. The... Read More

January 18, 2023

The major averages tumbled once again with the Dow Jones Industrial average falling 613 points following disappointing December retail sales reading raised concerns about a recession. The S&P 500 lost 62 points or 1.56% to close at 3,928, its lowest level since Dec. 15. The Nasdaq Composite slid 1.24% or... Read More

January 17, 2023

The major averages closed mixed with the Dow Jones Industrial Average falling on Tuesday as investors struggled to keep building on early 2023 momentum and weighed the latest earnings results. The blue-chip index lost 391 points, or 1.14%, to close at 33,910. The S&P 500 fell 8 points to 3,990... Read More

January 13, 2023

All of the major indexes fought their way into the green after starting the day deep in the red following bank earnings and inflation data that looks to be easing in 2023. The Dow Jones Industrial Average rose 112 points, or 0.33%, to 34,302. The S&P 500 rose 15 points... Read More

January 12, 2023

The major averages closed higher once again after December's consumer price report showed inflation cooled for the month, raising hopes the Federal Reserve can once again slow interest rate hikes. The Dow Jones Industrial Average gained 216 points, or 0.6%. The S&P 500 added 13 points or 0.3%. The Nasdaq... Read More

January 11, 2023

The major averages rose once again as investors grew increasingly confident Thursday's consumer price index will show cooling inflation and signal to the Federal Reserve that previous interest rates hikes have had their intended impacts. The Dow Jones Industrial Average advanced 268 points, or 0.8%. The S&P 500 gained 1.3%,... Read More

January 10, 2023

The major averages opened lower, but closed in the green as investors continued building on the new year's early rally while waiting for economic data and corporate earnings coming later in the week. The Dow Jones Industrial Average gained 186 points, or 0.56%, to end at 33,704. The S&P 500... Read More

January 9, 2023

The major averages closed mixed with the Dow falling 112 points or 0.34% while the S&P 500 closed just 3 points while the Nasdaq rose 66 points or 0.6%, pushed up by a nearly 6% rally in Tesla stock. The Dow Jones did rally as much as 300 points after 700... Read More

January 6, 2023

The major averages surged after the December jobs report and an economic activity survey showed signs that inflation may be cooling, signaling that the Federal Reserve's interest rate hikes are having their intended effect. The Dow Jones Industrial Average increased 700.53 points, or 2.13%, to close at 33,630.61. The S&P... Read More

January 5, 2023

The major averages open lower Thursday after jobs data showed the labor market is still strong amid the Federal Reserve's interest rate hikes to tame inflation. The Dow Jones Industrial Average fell 323 points, or 0.97%. The S&P 500 and Nasdaq Composite slipped 0.96% and 1.03%, respectively, led by shares... Read More

January 4, 2023

The major averages closed higher Wednesday after a choppy session as investors looked past Federal Reserve meeting minutes that showed the central bank will remain aggressive in its policy to tame high inflation. The Dow Jones Industrial Average rose 133 points, or 0.40%, to close at 33,269.77. The S&P 500 climbed... Read More

January 3, 2023

      The markets started the new year to the downside giving up earlier gains, as concerns such as rising rates, high inflation and slowing economy that knocked the market down last year continued to trouble investors in the new year. The S&P 500 fell 0.40% to close at 3,824.14 slipping from highs... Read More

December 30, 2022

The major averages finished in the red, but well off the lows to end a brutal 2022 with a whimper, as Wall Street wrapped up its worst year since 2008 on a sour note. The Dow Jones Industrial Average slid 73.55 points, or 0.22%, to close at 33,147. The S&P... Read More

December 29, 2022

The major averages are finally rallying as investors headed into the final trading days of 2022.The Dow Jones Industrial Average rose 345 points, or 1%, recovering nearly all of its losses from the previous session. The S&P 500 gained 66 points or 1.8% while the Nasdaq Composite climbed 264 points... Read More

December 28, 2022

The major averages took a hit on Wednesday as traders looked to the end of a losing year and braced themselves for 2023. The Dow Jones Industrial Average lost 365 points, or 1.1%, to 32,875. The S&P 500 fell 46 points or 1.2% to 3,783 while the Nasdaq Composite dropped... Read More

December 27, 2022

The major averages closed mixed on Tuesday, at the start of the holiday-shortened week, as bond yields climbed and investors weighed the economic outlook for 2023. The Dow Jones Industrial Average rose 37 points, or 0.11%, to finish at 33,241. The S&P 500 fell 15 points or 0.4% to settle... Read More

December 23, 2022

The major averages closed in the green led by energy, but still posted a weekly loss as recession fears continue to batter investor sentiment. The S&P 500 rose 22 points or 0.6% to 3,844, while the Nasdaq Composite added 21 points or 0.2% to close at 10,497. The Dow Jones... Read More

December 22, 2022

The major averages resumed their sell off following bearish comments from billionaire, David Tepper. The Dow Jones Industrial Average fell 348 points, or 1.04%, after falling as much as 803 points earlier in the session. The S&P 500 declined 56 points or 1.44%, while the Nasdaq Composite slide 233 points... Read More

December 21, 2022

The major averages rose for a second day, after upbeat earnings reports from two bellwethers raised hopes that corporate earnings may be better than feared even with a potential recession. The Dow Jones Industrial Average gained 526 points, or 1.6%, to finish at 33,376. The S&P 500 surged 56 points... Read More

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