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S&P 500 Ends Week With Gain After Wild Friday—Update

Provided by Dow Jones By Karen Langley and Joe Wallace U.S. stocks surged Friday, ending a wild week during which investors continued to rotate out of big technology shares and into the cyclical sectors that tend to thrive in a recovering economy. The S&P 500 rose 0.8% for the week, as advances by the energy, financial and industrial sectors offset declines in the technology and consumer discretionary groups. The tech-heavy Nasdaq Composite, meanwhile, declined 2....
Jerome Powell Karen Langley Jay Kaeppel Joe Wallace Stoxx Europe Cliff Hodge

01Feb2021 Market Close: GameStop Stock Ends Down 30%, DOW Closes Up 229 Points, Nasdaq Up 2.6%, Silver At 28.92, US Dollar Gains 91.04, Bitcoin 33790

Well, that escalated quickly... Source: Bloomberg ...but as the way wore on the squeeze faded, but still SLV (the silver ETF) was up almost 14% in the last 3 days - the biggest jump since early August... In the latest outrage provoking example of police overreach and brutality to go viral, the Rochester Police Department in New York are under scrutiny after last Friday officers responded to a family disturbance call which ended up in the police pepper-spraying a deeply distraught 9-year old g...
New York United States United Kingdom Demerara Mahaica New Mexico City Of

A 'Dumb-Money Confidence' stock-market gauge is flashing a warning

A ‘Dumb-Money Confidence’ stock-market gauge is flashing a warning MarketWatch 2/1/2021 THE TELL One popular timing measure of Wall Street optimism is flashing a warning sign, says SentimenTrader. A gauge of the confidence of individual investors, colloquially referred to as “dumb money,” was breaching a level at 0.67 that SentimenTrader’s Jay Kaeppel deemed indicative of trouble for forward returns in the S&P 500 index “For at the moment, one of our ‘bread-and-butter’ me...
Craig Pawson Laurence Griffiths Agence Sentimentrader Jay Kaeppel Gamestop Corp Entertainment Holdings Wall Street
Source: msn.com

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