Month: February 2016

February 28. 2016

Market Review

Right in line with our latest call, U.S. stocks rose for a second week. For the week, the Dow Jones Industrial Average added 1.5 percent to 16,639.97. The S&P 500 rose 1.6 percent from the week ago close to 1,948.05. The Nasdaq climbed 1.9 percent during the week to finish at 16,639.97. Among the key S&P sectors, materials and industrials were the best performers for the week. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, was near 19.8. Read More

February 21. 2016

Market Review

U.S. stocks finished the week with solid gains. For the week, the Dow Jones Industrial Average gained 2.6 percent to close at 16,391.99. The S&P 500 ended at 1,917.78 and booked a weekly gain of 2.8 percent. Both, the Dow and the S&P 500, managed to log their best weekly gains since November. The Nasdaq rocketed 3.9 percent over the week to finish at 4,504.43; the largest weekly gain since mid July. All key S&P sectors ended in positive territory, led by technology. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, held near 20.5. Read More

February 14. 2016

Market Review

U.S. stocks finished a turbulent week with losses. The Dow Jones Industrial Average dropped 1.4 percent over the week to 15,973.84. The S&P 500 declined 0.8 percent for the week to finish at 1,864.77. The Nasdaq lost 0.6 percent for the week to end at 4,337.51. Most key S&P sectors ended in negative territory for the week, led by financials. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 26. Read More

February 07. 2016

Market Review

U.S. stocks finished the week in negative territory. For the week, the Dow Jones Industrial Average slid 1.6 percent to 16,204.97; the largest drop in three weeks. The S&P 500 finished at 1,880.05 and posted a weekly drop of 3.1 percent, also its largest in about a month. The Nasdaq dropped 5.4 percent from the week-ago close to 4,363.14. This was also the largest drop in a month. Most key S&P sectors finished in the red for the week, led by technology. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, finished above 23. Read More