Oct 3, 2016
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Verified Investing Polices The Financial Industry, Pro Traders & Investing Websites By Verifying Every Trade & Compiling Track Records For The Investing Public.
BUYING IT!
It was another slow, low volume, lackluster trading session
...for major averages, where the tech heavy Nasdaq Composite and Small Caps (Russell 2000) outperformed (Dow Transports new all-time high today); though the Dow Industrials lagged given weakness in UTX, XOM, T and VZ (the S&P was up slightly).
This might be the pattern for the rest of the week heading into Thanksgiving Holiday Thursday (markets close 1:00 PM Friday), though there are several data points tomorrow in the U.S., and OPEC meeting Thursday. U.S. equity markets opened at fresh highs after another round of M&A reports, better confidence data out of Germany, and general upbeat sentiment on U.S. markets, now rallying more than 12% from its October 15 lows.
HammerstoneReport Closing ReCap 11/24/14