Archive for July, 2017
Weekly Market Update – 31 July 2017 BMO
ITS ALL ABOUT EARNINGS Investors had a massive pile of earnings reports to work through this week. The results were generally positive, but equities still sold off in some instances as many companies rallied for several weeks in front of their reports, pricing in much of the good news beforehand. The S&P 500 finished the […]
How To Avoid Getting “Scammed”?
To be fair, not all scams started with the intention to scam. Its just that the business model was not properly thought through and it ended up looking like a scam. Can you blame the victims? I don’t think they all fell for greed or were conned through ignorance and gullibility. If the scheme […]
Weekly Market Update – 24 July 2017 BMO
RECORD HIGHS Equities kept chugging along this week, underpinned by a generally solid batch of earnings reports and the notion that monetary policy will remain accommodative for the foreseeable future. The S&P 500 ended the week higher for the third-consecutive time, adding 0.5%, but the real star was the Nasdaq, which climbed 1.2% and settled […]
Weekly Market Update – 17 July 2017 BMO
S&P 500, Dow Advance to New All-Time Highs The stock market closed the week on a positive note with the S&P 500 (+0.5%) and the Dow (+0.4%) both advancing to new record highs. Meanwhile, the Nasdaq climbed 0.6% and finished just nine points below its record close. For the week, the S&P 500 moved higher […]
Weekly Market Update – 10 July 2017 BMO
REMINDER: The Pattern Trader Tutorial will be having its second Preview for the August Batch on 27 July. Don’t miss out on this educational three-hour session by registering here: July 27, 2017 Preview Session Modest Gains For The Week, Russells Unchanged Equity indices kicked off the third quarter on a positive note, finishing the first […]
June 2017 In Review, July Preview
June was a weird month for me mostly because my household was missing one person who had gone off to serve his nation. It’s so strange not having him around and I do miss my gym and swim buddy. Other than that, the Pattern Trader did its first independent Previews in Singapore (June 20th) and […]
Weekly Market Update – 03 July 2017 BMO
The stock market endured some volatility, which resulted in a lower finish for the major indices. Relative weakness among technology stocks sent the Nasdaq Composite down 2.0% for the week while the S&P 500 surrendered 0.6%. The price-weighed Dow Jones Industrial Average (-0.2%) ended the week little changed. The influential financial sector opened the week […]
