May 6, 2021 | Gold, Silver, Cryptos, High Tech, Blue Chip
Mark Leibovit MARK LEIBOVIT is Chief Market Strategist for VRTrader.Com. In the January 2, 2020 edition of TIMER DIGEST, Mark Leibovit was ranked the #1 U.S. Stock Market Timer and was previously ranked #1 Intermediate U.S. Market Timer for the ten year period December, 1997 to 2007. Mark s extensive media television profile includes seven years as a consultant ‘Elf’ on “Louis Rukeyser’s Wall Street Week” television program, and over thirty years as a Market Monitor guest for PBS “The Nightly Business Report”. His comprehensive study on Volume Analysis, The Trader’s Book of Volume published by McGraw-Hill is a definitive guide to volume trading. It is now also published in Chinese.
U.S. stocks finish mixed despite record high for Dow Jones
06 May 2021, 06:13 GMT+10
NEW YORK, New York - The Dow Jones hit a new record high on Wednesday while the Nasdaq Composite rebounded from a heavy sell-off a day earlier, but wilted towards the close to finish in the red again. With stock indexes at or near record highs and coming off a massive rally in the past year, there s a counterintuitive reaction function to the positive earnings reports to sell the news, Art Hogan, Chief Market Strategist at National Securities in New York, was quoted by Reuters Thomson as saying in a client note.
Wall Street has another historical day, but only in relation to Dow
Lola Evans
06 May 2021, 06:13 GMT+10
The Dow Jones hit a new record high on Wednesday while the Nasdaq Composite fell after rebounding earlier.
The Dow Jones industrials index forged ahead 97.31 points or 0.31 percent to 34,230.34.
The Nasdaq Composite ended up down 51.08 points or 0.37 percent at 13,582.42.
NEW YORK, New York - The Dow Jones hit a new record high on Wednesday while the Nasdaq Composite rebounded from a heavy sell-off a day earlier, but wilted towards the close to finish in the red again. With stock indexes at or near record highs and coming off a massive rally in the past year, there s a counterintuitive reaction function to the positive earnings reports to sell the news, Art Hogan, Chief Market Strategist at National Securities in New York, was quoted by Reuters Thomson as saying in a client note.
5 hours ago by David Gura (NPR)
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People walk near the Wall Street Charging Bull statue on July 23, 2020, in New York City. Stocks have rallied during President Biden s first 100 days even as he has promised to raise taxes on corporations and wealthy investors and to go tougher on Wall Street. Image credit: Michael M. Santiago
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President Biden wants to raise taxes on corporations and wealthy investors. His top market regulator has promised a tougher approach. And leading Democrats who control Congress are proud adversaries of moguls and money managers.