Day Traders Diary

July 26, 2021

The major averages rallied to new high led by tech stocks. The Dow Jones Industrial Average rose 83 points or 0.24%. The S&P 500 rose 10 points or 0.24%, reaching an all-time high. The tech-heavy Nasdaq Composite traded up just 3 points. One of the busiest weeks of earnings reports is... Read More

July 23, 2021

The major averages closed higher on Friday hitting new records as they overcame concerns about economic growth from earlier in the week. The Dow closed above 35,000 for the first time ever, bringing its gain for 2021 to more than 14%. The blue chip average rose 238 points, or 0.68%,... Read More

July 22, 2021

The major averages closed modestly in the green led by tech shares despite an unexpected jump in jobless claims that resurfaced some concerns about the economy and sent bond yields lower. The Dow Jones Industrial Average rose 25.35 points, closing at 34,823.35. The S&P 500 climbed 0.2% higher, reaching 4,367.48. The... Read More

July 21, 2021

The major averages rebounded for a second day trying to wipe out the one-day rout to start the week. Better-than-expected earnings reports from Dow members Coca-Cola and Johnson & Johnson added to the bullish sentiment. The Dow Jones Industrial Average rose 286.01 points, or 0.83%, to 34,798. It's sitting less than... Read More

July 20, 2021

The major averages rebounded today following the worst trading day in eight months. The comeback rally gained steam steadily through the session as a bounce in Treasury yields soothed some concerns that a Covid resurgence would slow down the economic recovery. As the 10-year yield climbed back above 1.20%. The Dow... Read More

July 19, 2021

The major averages took a hit to start the week on concerns a rebound in Covid cases would slow global economic growth. The selling picked up as the session went on and the Dow Jones Industrial Average dropped the most since last October. The Dow dropped 725.81 points, or 2.1%,... Read More

July 16, 2021

The major averages pulled back pushing the Dow Jones Industrial average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.The Dow Jones lost 299 points or 0.86%. The S&P 500 dropped 32 points or 0.75%. The Nasdaq Composite shed 115 points... Read More

July 15, 2021

The major averages are mixed after opening sharply lower to start the day as second-quarter earnings results continued to beat expectations. The broad S&P 500 index is down over 10 points or 0.38%. The Nasdaq Composite is down over 100 points or 0.79%. The Dow Jones Industrials Average bucked the... Read More

July 14, 2021

The major averages closed mixed after Federal Reserve Chairman Jerome Powell said the central bank will maintain its easy monetary policies. The S&P 500 index added just 5 points after reaching a new high earlier in the session. The Dow Jones Industrial Average added 45 points, or 0.13%. The Nasdaq... Read More

July 13, 2021

The major averages slipped from new highs as a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season on Tuesday. The Dow shed 107 points, or 0.31%, after closing at a record just shy of 35,000 the day prior. The S&P 500 traded down 15 points or 0.35%... Read More

July 12, 2021

The major averages rebounded from an early sell off with the S&P 500 making new highs while the Dow Jones Industrial Average touched 35,000 for the first time. The broad index added 15 points or 0.34%. The Nasdaq Composite traded up 31 points or 0.21%. The Dow Jones Industrial average rose... Read More

July 9, 2021

The major averages stage a comeback with the S&P 500 rising to a fresh record on Friday as the major averages rebounded from the previous session's losses over concerns of a slowdown in global economic growth. The Dow Jones Industrial Average rose 454 points, or 1.3%. The S&P 500 is... Read More

July 8, 2021

The major averages took a hit today on concerns about the global economic comeback from Covid-19. The losses came as Japan declared a state of emergency in Tokyo for the upcoming Olympics and as countries deal with a rebound in cases because of Covid variants. The Dow Jones Industrial Average dropped... Read More

July 7, 2021

The major averages rebounded today with the S&P 500 rising to a fresh record as investors poured back into trusty mega-cap technology stocks. The S&P 500 advanced 14 points or 0.35% after snapping a seven-day winning streak in the previous session. The Dow Jones Industrial Average rose 104 points or... Read More

July 6, 2021

The major averages closed mixed on this holiday-shortened week with concern that maybe the best of the economic recovery from the pandemic is behind us. The Dow Jones Industrial Average fell 204 points or 0.59%, dragged down by losses in Dow Inc., Caterpillar, JPMorgan and Chevron. The S&P 500 dipped... Read More

July 2, 2021

The major averages rose on Friday with the S&P 500 hitting another record high after the June jobs report showing an accelerating recovery for the U.S. labor market. The broad market index rose 32 points or 0.75%, while the tech-heavy Nasdaq Composite climbed 116 points or 0.8% to notch its own... Read More

July 1, 2021

The major averages are higher to start the third quarter and the second half of the year as the S&P 500 is set to hit another record high. The benchmark index is up 0.4% on track for its sixth-straight record close. The Dow Jones Industrial Average is higher by over 100... Read More

June 30, 2021

The major averages closed mixed with the S&P 500 rising once again to a record high on the final day of June to close out a strong first half of the year for Wall Street. The Dow Jones Industrial Average rose 210 points, boosted by strong days for Walmart and... Read More

June 29, 2021

The major averages closed quietly in the green with the S&P 500 notching another record high on Tuesday amid bullish economic data but retreated later in the session as Wall Street continued its recent period of low volatility. The broad market index ticked up a point for its fourth-straight record... Read More

June 28, 2021

The major averages closed mixed with the S&P 500 making new highs boosted by a court win for Facebook and broad strength in tech stocks. The S&P 500 ticked up 9 points or 0.23% to 4.290 for its third-straight record close, while the Nasdaq rose 140 points or 0.98% to an... Read More

June 25, 2021

The major averages closed mixed to end a volatile week with the S&P 500 building on its rally to records, as investors bet that higher inflation will be temporary as the economy continues to recover from the pandemic. The broad equity benchmark climbed 14 points or 0.3% to hit another... Read More

June 24, 2021

The major averages are soaring on Thursday after President Joe Biden declared that the White House struck an infrastructure deal with a bipartisan group of senators. The S&P 500 is rising 26 points or 0.6%, hitting an all-time high, retaking its previous record from June 14. The Dow Jones Industrial... Read More

June 23, 2021

The major averages closed mixed with the S&P 500 erasing modest gains earlier, closing in the red on Wednesday as the market's comeback rally took a breather. The S&P 500 dipped 0.1% or 4 points, sitting 0.4% from... Read More

June 22, 2021

The major averages rebounded once again with the S&P 500 ending Tuesday just short of a new closing record, while the tech-heavy Nasdaq Composite climbed to an all-time high as bitcoin staged an intraday comeback. The blue-chip Dow Jones Industrial Average gained 68 points to 33,945 after posting its best... Read More

June 21, 2021

The major averages surged as the market recouped some of the steep losses caused by the Federal Reserve's policy shift last week. The blue-chip Dow Jones Industrial Average jumped 586 points, or 1.7%, rebounding from its worst week since October. The S&P 500 gained 58 points or 1.4%, sitting just... Read More

June 18, 2021

The major averages dropped sharply on Friday, with the Dow Jones Industrial Average posting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected. Economic comeback plays led the market sell-off. The blue-chip average dropped 533 points, bringing its week-to-date losses... Read More

June 17, 2021

The major averages finished mixed once again with the Dow Jones Industrial Average falling for a second day as investors digested the Federal Reserve's latest policy update, where it moved up its timeline for interest rate hikes and forecast higher inflation. Materials-related stocks led the losses as the Fed's move to... Read More

June 16, 2021

The major averages dropped today but recovered off their lows after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next. The Dow Jones Industrial Average fell 265 points or 0.77% after dropping as much as 382 points to 34,034.... Read More

June 15, 2021

The major averages pulled back once again with the S&P 500 and the Nasdaq Composite slipping from their respective records, as investors awaited the key Federal Reserve's monetary policy meeting. The S&P 500 dipped 0.2% or 8 points reaching a new all-time high of 4,257. The Dow Jones Industrial Average declined... Read More

June 14, 2021

The major averages closed mixed with the Nasdaq Composite jumping to a record high on Monday as investors rotated back into growth-oriented stocks ahead of a key Federal Reserve meeting. The tech-heavy benchmark rose 0.7% to an all-time closing high of 14,174, overtaking the previous record on April 26. The S&P... Read More

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