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Tracking 30 big blue-chip companies, the Dow Jones Industrial Average (DJIA) achieved a new all-time high on Thursday at 40,051. The above 39k range was in line with the two DJIA peaks in the second...
All major US indices advanced to fresh intraday ATH yesterday; the S&P 500 and Nasdaq 100 traded in uncharted territory, while the Dow Jones Industrial index hit the 40’000 mark for the...
The Dow Jones Industrial Average (DJIA) reached a historic milestone on Wednesday, surpassing the 40,000 mark for the first time in its nearly 128-year history. The blue-chip index, along with the...
It has been many years since investors had such an affordable option to safeguard themselves against a market downturn. However, there are several factors indicating a continued market uptrend. Ready...
CPI inflation, retail sales, producer prices, and retailer earnings will be in focus this week. Walmart is a buy with upbeat Q1 profit and sales growth expected. Deere is a sell amid shrinking EPS,...
It was a bit of an off day. The gap down had all the makings of a substantial sell-off (one I tried to short), but in the end, it was longs who came out on top.The question for today is if yesterday's...
US indices have been gaining daily since the beginning of May. They have found strength amid relatively weak job reports and quite upbeat quarterly earnings. The S&P500 and Nasdaq 100 indices are...
Shares of Walt Disney (NYSE:DIS) trended lower on Tuesday after the media and entertainment company released mixed second-quarter earnings results. The company topped earnings estimates on the...
In May, the paddock on my farm becomes a field of yellow, conquered by buttercups on the march. The temperature is rising. All around, the countryside is dressed in a spring coat of lush green. And we...
The U.S. Bureau of Labor Statistics released the April jobs report on Friday, revealing a cooling labor market with narrower job gains across several major industries. The report showed that the U.S....
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