Traders Market Weekly: The Fed, BoE and SNB and a Leaky Dyke…

Viewing 8 posts - 76 through 83 (of 83 total)
  • Author
    Posts
  • #55062
    Truman
    Participant

    Dow -139.63 at 32106.83, Nasdaq +49.85 at 11767.12, S&P -2.84 at 3958.71

    Today’s trade looks pretty similar to other recent sessions so far. Regional bank stocks are under pressure again after First Republic Bank (FRC 28.90, -5.29, -15.2%) provided a cash position update and suspended its dividend while strong leadership from the mega cap space has limited downside moves for the main indices.

    The Vanguard Mega Cap Growth ETF (MGK) is up 0.5% versus a 0.6% loss in the Invesco S&P 500 Equal Weight ETF (RSP).

    Mega cap leadership can be seen in S&P 500 sector performance.

    Information technology (+0.4%) and communication services (+0.3%) are the lone outperformers in positive territory.

    Financial sector (-2.3%) is buried in last place by a wide margin, followed by materials (-0.7%) and industrials (-0.8%).

    #55063

    #55064

    Some FAV Celtic artists 🙂

    #55089
    TradersCom
    Keymaster

    #55090
    TradersCom
    Keymaster

    #55092

    Dow 31,861.98 -384.57 -1.19%
    S&P 500 3,916.64 -43.64 -1.10%
    Nasdaq 11,630.51 -86.76 -0.74%
    VIX 25.79 2.80 12.18%
    Gold 1,981.40 58.40 3.04%
    Oil 66.18 -2.17 -3.17

    #55093

    and wishing a great weekend to all 🙂

    #54796

    March 19-25, 2023 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… A dose of re
    [See the full post at: Traders Market Weekly: The Fed, BoE and SNB and a Leaky Dyke…]

Viewing 8 posts - 76 through 83 (of 83 total)
  • You must be logged in to reply to this topic.