Day Traders Diary

October 3, 2024

The major averages took a hit, a rough start to October, as oil prices spiked once again on Middle East tensions. The Dow Jones Industrial Average fell 184 points, or 0.57%. Only four Dow components closed in the green. The S&P 500 fell 9 points or 0.17% while the Nasdaq... Read More

October 2, 2024

The major averages are modestly lower to start the day on a number of weak corporate news this morning as tensions remain high in the Middle East. The Dow Jones Industrial Average is down 40 points, or 0.1%. The S&P 500 is down 10 points while the Nasdaq Composite fell... Read More

October 1, 2024

The major averages spent most of the day in the red awaiting an Iranian missile attack on Isreal that came in the middle of the day. The Dow Jones Industrial Average fell 173 points after falling nearly 400 points in the morning hours. The S&P 500 fell 53 points while... Read More

September 30, 2024

 The major averages rallied into the close to cap off the best September in a while and another strong third quarter. The Dow Jones Industrial Average rose 17 points after being down over 100 points in the last hour. The S&P 500 rose 24 points while the Nasdaq rose 69... Read More

September 27, 2024

The major averages closed mixed to end the week helped by better than expected inflation data out this morning. The  Dow Jones Industrial Average rose 137 points or 0.33% to a new high. The S&P 500 fell 7 points or 0.13% while the Nasdaq fell 70 points or 0.39%. All three... Read More

September 26, 2024

The major averages got a lift today from strong tech earnings from Micron and bullish comments from Billionaire, David Tepper on China following their stimulus package laid out earlier in the week. The Dow Jones Industrial Average is up 268 points or 0.64%. The S&P 400 is up 25 points... Read More

September 25, 2024

The major averages closed mixed dragged down by Dow components as corporate news and earnings moved the markets today. The Dow Jones Industrial Average fell 293 points or 0.7%, dragged down by a 5% drop in Amgen. The S&P 500 fell 10 points while the Nasdaq rose 7 points. A number... Read More

September 24, 2024

The major averages moved into the green this afternoon following weakness earlier due to softer-than-expected consumer confidence reading out this morning. The Dow Jones rose 83 points or 0.2% The S&P 500 rose 14 points while the Nasdaq Composite rose 100 points or 0.56%. Consumer confidence fell to the lowest level... Read More

September 23, 2024

The major averages opened quietly to start the week but finished in the green adding on to this strong start to September following the much-anticipated interest rate cut by the Federal Reserve last week. The Dow Jones Industrial... Read More

September 20, 2024

The major averages closed mixed after a big run following the Federal Reserve's first rate cut since the pandemic. The Dow Jones Industrial Average rose 38 points after spending most of the day in the red. The S&P 500 fell 11 points while the Nasdaq Composite fell 65 points or... Read More

September 19, 2024

The major averages surge with the Dow Jones rising to new all-time highs, as investors reassess the Federal Reserve's decision yesterday to lower interest rates by a half percentage point. The Dow Jones Industrial Average is jumping 582 points, or 1.4%, topping 42,000 for the first time. The S&P 500... Read More

September 18, 2024

The major averages went on a wild ride after the Federal Reserve cut rates by 50 basis points, more than the initial 25 basis point cut projection. The Dow Jones Industrial Average finished down 103 points after rising more than 375 points after the Fed rate cut. The S&P... Read More

September 16, 2024

The major averages closed mixed with the Dow Jones higher, making a new high while the S&P 500 was modestly higher and the Nasdaq lower ahead of the Federal Reserve's rate cut decision on Wednesday. The Dow Jones rose 228 points getting a lift from Cisco, Intel, Merck and the... Read More

September 13, 2024

The major averages rose on Friday, with the S&P 500 and the Nasdaq Composite posting their strongest week of 2024 ahead Federal Reserve meeting next week. The Dow Jones Industrial Average rose 297 points, or 0.72%, closing at 41,393. The S&P 500 rose 30 points or 0.54% to 5,626, less... Read More

September 12, 2024

The major averages are higher still trying to shake off a tough start to September ahead of a possible rate cut next week by the Federal Reserve. The Dow Jones Industrial Average is up 185 points or 0.45%. The S&P 500 is up 40 points or 0.73% while the Nasdaq... Read More

September 11, 2024

A roller coaster ride today with the major averages selling off sharply this morning with the Dow dropping 700 points before slowly recovering, closing in the green by the close. The 30-stock Dow rose 137 points after losing as much as 743 points during the morning hours. The S&P 500... Read More

September 10, 2024

The major averages closed fixed as the markets try to find their footing here in the month of September. the Dow Jones Industrial Average fell 92 points after falling more than 300 points earlier I the session. The S&P 500 is up 24 points or 0.45% while the Nasdaq rose... Read More

September 9, 2024

The major averages had a sharp rebound today following Wall Street's worst week of the year on concerns the economy was slowing down too fast. The Dow Jones Industrial Average rose 484 points or 1.2% after losing more than 1,200 points last week. The S&P 500 jumped 62 points or... Read More

September 6, 2024

The major averages took it on the chin with the S&P 500 notching its worst week since March 2023, even as the August jobs report was not as dire as feared. The Dow Jones Industrial Average fell 410.34 points, or 1.01%. The S&P 500 fell 94 points or 1.7% while... Read More

September 5, 2024

The major averages closed mixed again with the weakness due to economic data and the pending monthly jobless claim report out tomorrow. The Dow Jones Industrial Average fell over 200 points after dropping more than 300 points earlier. The S&P 500 fell 20 points while the Nasdaq clung to modest... Read More

September 4, 2024

The major averages wobbled around the unchanged level after a sharp sell off to start September following weaker than expected economic data. The Dow Jones Industrial Average rose a modest 37 points or 0.09%. The S&P 500 fell 8 points while the Nasdaq fell 52 points or 0.3%. The major averages... Read More

September 3, 2024

The major averages sold off sharply to start the month of September due to weak economic data and fears of an economy slowing more than expected. The Dow Jones Industrial Average fell 626 points or 1.3% The S&P 500 fell 119 points or 2% while the Nasdaq Composite fell 577... Read More

August 30, 2024

The major averages ended on a high note with the Dow Jones Industrial Average posting a fresh record high ending the most volatile month so far in 2024.  The Dow jumped 228 points, or 0.55%, to close at 41,563. The S&P 500 rose 56 points or 1% while the tech-heavy... Read More

August 29, 2024

The major averages are mixed to end the day with the Dow Jones trading at all time highs even as tech titan, Nvidia trades lower following spectacular earnings, but tepid guidance. The Dow Jones Industrial Average rose over 300 points or nearly 1%. The S&P 500 is modestly higher by... Read More

August 28, 2024

The major averages took it on the chin as investors were in risk off mode ahead of AI chipmaker, Nvidia's earnings. The Dow Jones Industrial Average fell 159 points after falling over 400 points. The S&P 500 fell 33 points or 0.53% while the Nasdaq fell 198 points after falling... Read More

August 27, 2024

The major averages were quiet again today awaiting earnings from tech titan, Nvidia on Wednesday. The Dow Jones Industrial Average rose 9 points. The S&P 500 rose 8 points while the Nasdaq rose 29 points or 0.16%. Investors are awaiting earnings from top artificial intelligence beneficiary Nvidia after Wednesday's closing bell.... Read More

August 26, 2024

The major averages are mixed to start Monday with the Dow Jones pushing back toward record highs after the Fed signaled rate cuts last week. The Dow Jones Industrial Average is up 35 points after rising over 200 points earlier. The S&P 500 fell into the red down 20 points... Read More

August 26, 2024

The major averages closed mixed to start Monday with the Dow Jones making a record highs after the Fed signaled rate cuts coming soon. The Dow Jones Industrial Average rose 65 points after rising over 200 points earlier in the day. The S&P 500 fell 17 points while the Nasdaq... Read More

August 23, 2024

The major averages ended on a strong note following Federal Reserve Chair Jerome Powell indicated interest rate cuts will start in September with more on the horizon. The Dow Jones Industrial Average jumped 462 points, or 1.14%. The S&P 500 rose 63 points or 1.15% while the Nasdaq rose 258... Read More

August 22, 2024

The major averages reverse course after opening higher ahead of commentary from Federal Reserve Chair Jerome Powell tomorrow in Jackson Hole. The Dow Jones Industrial Average fell 200 points. The S&P 500 fell 50 points or nearly 1% while the Nasdaq fell 300 points or 1.7%. . The 10-year Treasury rose... Read More

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