Day Traders Diary

July 31, 2020

The major averages wiped out earlier losses and closed higher on Friday as the biggest tech companies and market leaders, Amazon, Apple and Facebook soared after posting stellar quarterly results.The Dow Jones Industrial Average finished up 114 points after dropping 286 points at its low of the day. The S&P... Read More

July 30, 2020

The major averages closed mixed following earnings reports and economic data this morning with the big tech giants reporting after the bell. The Dow Jones Industrial Average finished down over 200 points while the S&P 500 dipped 0.4%. The Nasdaq closed in the green ahead of earnings reports from Apple,... Read More

July 29, 2020

The major averages rose once again led by tech shares as the Federal Reserve kept interest rates unchanged, in a move that was widely expected by traders. The Dow Jones Industrial Average gained 160 points, or 0.8%. The S&P 500 climbed 1.2%. The Nasdaq Composite advanced 1.3%. Facebook and Amazon each... Read More

July 28, 2020

The major averages finished lower following a number of disappointing earnings while lawmakers continue their debate over the next coronavirus relief package. The Dow Jones Industrial Average finished down 205 points. The Nasdaq Composite dropped 1.27%, while the S&P 500 dropped 0.65%. Senate Majority Leader Mitch McConnell unveiled the Republican... Read More

July 27, 2020

The major averages rose to start the week with the major tech names outperforming as investors braced for a big week of corporate earnings and lawmakers continued coronavirus stimulus negotiations.The Dow Jones Industrial Average gained 114 points, or 0.4%, to close at 26,584. The S&P 500 closed 0.7% higher at... Read More

July 24, 2020

The major averages pulled back once again to wrap up a volatile week of trading with tech shares struggling and U.S.-China tensions rising. The Dow Jones Industrial Average slid 182 points, or 0.6%, to 26,469. The S&P 500 fell 0.6%, or 20 points, to 3,215.63 while the Nasdaq Composite dipped... Read More

July 23, 2020

The major averages pulled back in volatile trading on Thursday as selling accelerated in the big cap tech space. The Dow Jones Industrial Average dropped 353 points, or 1.3%, to 26,652. The S&P 500 slid 1.2%, or 40 points, to 3,235, snapping a four-day winning streak. The Nasdaq Composite fell... Read More

July 22, 2020

The markets rose once again boosted by news of a coronavirus vaccine deal between the U.S. government and Pfizer/BioNTech along with apparent progress on U.S. stimulus negotiations. The Dow Jones Industrial Average gained 165 points, or 0.6% to close at 27,005. The second close above 27,000 since the beginning of March.... Read More

July 21, 2020

The Dow Jones Industrial Average and S&P 500 performed well as money rotated out of the tech sector into beaten-down value stocks. The 30-stock Dow gained 159 points, or 0.6%, to close at 26,840. The S&P 500 climbed 0.2% to 3,257. Both the Dow and S&P 500 cut their gains... Read More

July 20, 2020

The major averages closed in the green led by the Nasdaq and tech shares once again. The Dow Jones Industrial Average inched up 8 points while the S&P 500 advanced 0.8%, or 27 points, to 3,251 turning positive for 2020 with a 0.6% gain on the year. The Nasdaq Composite... Read More

July 17, 2020

The major averages closed mixed to end a volatile week with some of the air coming out the highflying tech sector. The Dow Jones Industrial Average closed down 62 points at 26,671. The S&P 500 squeaked out a gain of 9 points while the Nasdaq rose 29 points even as... Read More

July 16, 2020

The major averages are set to open lower as the first down day for the Dow this week. The Dow Jones Industrial Average is down by 200 points. The S&P 500 dipped 0.8% while the Nasdaq declined by 1.5%. Bank of America reported better-than-expected earnings for the previous quarter. However, the... Read More

July 15, 2020

The major averages rose once again on the back of positive coronavirus vaccine news and a blowout quarter from Goldman Sachs. The Dow Jones Industrial Average closed up 227 points or 0.9%, at 26,870. It was the Dow's fourth straight daily gain. The S&P 500 rose 0.9% to 3,226. The... Read More

July 14, 2020

The Dow rose for a third straight day led by non-tech stocks. The Dow Jones Industrial Average closed up 556 points or 2.1%, at 26,642. It was the 30-stock average's best day since June 29. The S&P 500 climbed 1.3% to 3,197 while the Nasdaq Composite was up nearly 1%... Read More

July 13, 2020

A big rally evaporated as California closed their doors to indoor activities. The Dow Jones Industrial Average eked out a gain of 10.50 points after rallying as much as 563 points, or 2.2%. The S&P 500 finished down 29 points or nearly 1% after rallying more than 1% briefly pushing... Read More

July 10, 2020

The major averages rose throughout the day on news of improving drug treatments raising hopes for an economic recovery following the recent resurgence in Covid-19 outbreaks. The Dow Jones Industrial Average rose 369 points or 1.4% to 26,075. The S&P 500 climbed 1%, or 32 points, to 3,185. The Nasdaq... Read More

July 10, 2020

The major averages rose throughout the day on news of improving drug treatments raising hopes for an economic recovery following the recent resurgence in Covid-19 outbreaks. The Dow Jones Industrial Average rose 369 points or 1.4% to 26,075. The S&P 500 climbed 1%, or 32 points, to 3,185. The Nasdaq... Read More

July 9, 2020

The major averages erased the gains for the week, amid renewed concerns over the coronavirus and its impact on the economy. The Dow Jones Industrial average is down 400 points or 1.5%. The S&P 500 has slid nearly a percent while the Nasdaq clings to modest gains. Stocks hit their lows of the day after Florida reported a record in coronavirus-related hospitalizations. The state also reported a record spike in Covid deaths. Read More

July 8, 2020

The major averages rebound thanks to the major tech names like Apple and Microsoft even as coronavirus cases keep rising at a record pace. The Dow Jones Industrial Average closed 177 points higher, or 0.7%, at 26,067. Earlier in the day, the Dow was up more than 200 points and... Read More

July 7, 2020

The major averages fell sharply, closing on the lows on concerns about the coronavirus outbreak dampening investor sentiment. The Dow Jones Industrial Average fell 396 or 1.5% giving up most of the gains from yesterday. The S&P 500 slid 1.1% while the Nasdaq Composite, which hit a record high earlier... Read More

July 6, 2020

The major averages closed sharply higher on Monday, led by strong gains in the tech sector, as Wall Street built on the momentum from last week's solid performance and shook off a continued rise in coronavirus cases. The Dow Jones Industrial Average rose 459 points, or 1.8%, to 26,287. The... Read More

July 2, 2020

The major averages finish out the abbreviated week on an up note as investors cheer a bigger-than-expected increase in jobs in June as the economy tries to claw back from the coronavirus shutdown. The Dow Jones Industrial Average closed up 92 points or 0.4%, at 25,827. The Nasdaq Composite hit... Read More

July 1, 2020

The major averages closed mixed to start the third quarter with market sentiment getting a lift from positive coronavirus vaccine news and strong U.S. economic data. The Dow Jones Industrial Average fell 77 points or 0.3%. At one point, the Dow was up more than 200 points. The S&P 500... Read More

June 30, 2020

The major averages rallied into the close as Wall Street wraps up its best quarterly performance in decades. The Dow Jones Industrial Average surged 217 points, or 0.9%, to close at 25,812. The S&P 500 gained 1.5% to end the day at 3,100 while the Nasdaq Composite advanced 1.9%. to... Read More

June 29, 2020

The major averages rose sharply to start the abbreviated week as Wall Street cheered news on Boeing while traders shrugged off the latest surge in coronavirus cases. The Dow Jones Industrial Average finished up 472 points or 1.9%. The S&P 500 rose 1.3% while the Nasdaq Composite gained 1.1%. Shares of... Read More

June 26, 2020

The major averages fell sharply on Friday due to a spike in coronavirus cases and news Texas will roll back some of its reopening measures. The Dow Jones Industrial Average closed down 730 points or 2.8%, at 25,015. The S&P 500 slid 4.2% to 3,009 while the Nasdaq Composite dropped... Read More

June 25, 2020

The major averages move to the highs of the day in the final hour of trading with the Dow up over 250 points led by the banks as investors looked ahead to the Federal Reserve releasing stress-test results for the major banks.

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June 24, 2020

The major averages suffered their worst day in in two weeks as the increasing number of newly confirmed coronavirus cases dampened expectations of an economic recovery. The Dow Jones Industrial Average dropped 710 points, or 2.7%, to 25,445. The S&P 500 closed 2.6% lower at 3,053 while the Nasdaq Composite slid... Read More

June 23, 2020

The major averages trade higher led by tech stocks once again. The Dow Jones Industrial Average climbed 131 points, or 0.5%, to close at 26,156. The S&P 500 ended the session up 0.4% at 3,131 while the Nasdaq Composite rose to a fresh record high up 0.7% at 10,131, notching... Read More

June 22, 2020

The major averages build on solid gains from last week, as shares of major tech companies led the way higher on Wall Street. The Dow Jones Industrial Average finished up 124 points, or 0.5%, while the S&P 500 was up 0.6%. The tech-heavy Nasdaq Composite gained 0.9%. Apple shares jumped more... Read More

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