Aug 12, 2023 | Weekly Cache
Last week, Nasdaq and growth names were more damaged as industrials, infrastructure, housing, energy sectors and some retail, travel, medical, transportation and financial names held up better. Dow Jones rose 0.6%, S&P lost 0.3% and Nasdaq fell 1.9%. SoftBank’s...
Aug 5, 2023 | Weekly Cache
As we suggested in our July 23rd post tech stocks got bumpy on earnings last week. Nasdaq lost 2.85%, S&P 500 index fell 2.3%, and Dow Jones was down 1.1%. While most companies have reported earnings, there are more in the coming week, after which market...
Jul 29, 2023 | Weekly Cache
After a big tech earnings week, with Apple and Amazon to report in the coming week: Nasdaq was up 2%, S&P 500 climbed 1%, and Dow Jones snapped a 13-day win streak on Thursday, but still managed to close the week up 0.7%. Alphabet added US$111 billion in market...
Jul 22, 2023 | Weekly Cache
Last week, Dow Jones rose 2.1% and is on a 10-day win streak, the longest in six years. S&P 500 rose 0.8%, while Nasdaq lost 0.6%, largely due to Thursday’s 2.05% fall. Next week, we expect earnings from Microsoft, Alphabet, and Meta, at the same time, the...
Jul 15, 2023 | Weekly Cache
Last week, Dow Jones rose 2.3%, and hit a 2023 high, just below its 52 week high, S&P 500 rose 2.4%, and Nasdaq composite was up, both setting fresh 52 week highs. It was the Nasdaq’s best weekly gain since the end of March. At the same time, according to...
Jul 8, 2023 | Weekly Cache
Last week, Dow Jones fell 2%, S&P 500 lost 1.2%, and Nasdaq composite gave up 0.9%, but held its 10-day moving average. Bitcoin has staged a comeback, rallying 25% since BlackRock filed for its crypto fund. Banks holding debt from Elon Musk’s Twitter buyout might...
