You are not logged in.
This means you
CAN ONLY VIEW reports that were published prior to Monday, October 21, 2024.
You
MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.
AFTER MARKET UPDATE - THURSDAY, FEBRUARY 25TH, 2016
Previous After Market Report Next After Market Report >>>
|
|
|
|
DOW |
+212.30 |
16,697.29 |
+1.29% |
|
Volume |
925,197,720 |
-9% |
|
Volume |
1,512,171,810 |
-16% |
|
NASDAQ |
+39.59 |
4,582.20 |
+0.87% |
|
Advancers |
2,277 |
75% |
|
Advancers |
1,764 |
61% |
|
S&P 500 |
+21.90 |
1,951.70 |
+1.13% |
|
Decliners |
777 |
25% |
|
Decliners |
1,109 |
39% |
|
Russell 2000 |
+9.50 |
1,031.58 |
+0.93% |
|
52 Wk Highs |
85 |
|
|
52 Wk Highs |
29 |
|
|
S&P 600 |
+6.11 |
635.51 |
+0.97% |
|
52 Wk Lows |
38 |
|
|
52 Wk Lows |
52 |
|
|
 |
Leadership and Technical Stance of Major Averages Improves
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Stocks finished firmly higher on Thursday. The Dow was up 212 points to 16697. The S&P 500 gained 21 points to 1951. The NASDAQ climbed 39 points at 4582. Volume was reported lighter on the NYSE and on the Nasdaq exchange. Breadth was positive as advancers led decliners by nearly 3-1 on the NYSE and 3-2 on the Nasdaq exchange. Leadership improved as 31 high-ranked companies from the Leaders List made new 52-week highs and were listed on the BreakOuts Page, more than doubling the total of 15 on the prior session. New 52-week highs outnumbered new 52-week lows on the NYSE but new lows still led new highs on the Nasdaq exchange. The DOW and S&P 500 Index both rebounded above their respective 50-day moving average lines. The improved technical stance of those major averages (M criteria) coupled with better leadership provided encouraging signs as the confirmed rally continues.
PICTURED: The Dow Jones Industrial Average rebounded above its 50-day moving average (DMA) line, helping its technical stance improve.
The major averages staged a late-session rally along with crude prices for a
second-straight day. On the data front, durable goods order rose by 4.9% in
January, the most since 2014. Analysts were expecting a 2.9% increase. In a
separate release, initial jobless claims came in at 272,000 last week, above the
270,000 predicted by analysts.
All ten sectors in the S&P 500 finished higher on Thursday with
Financials climbing 1.4% to pace the gains. Morgan Stanley (MS +3.9%) and Goldman Sachs (GS +1.9%) headlined the advance.
In earnings, AB InBev (BUD +1.9%) after the company cited a
declining U.S. market share for its lower-than-expected fourth-quarter profits.
Domino’s Pizza (DPZ +13%) rallied after reporting a 31% increase in quarterly
earnings. Salesforce.com (CRM +11%) rose as the cloud computing company
beat Wall Street profit projections and raised full-year guidance.
Treasuries finished higher with the ten-year note adding 13/32 to yield
1.70%. In commodities, NYMEX WTI crude rebounded from a 3.4% decline to finish
2.6% higher at $32.98/barrel. COMEX gold was flat at $1238.20/ounce. In FOREX,
the Dollar Index slipped 0.1% with weakness against the euro. The Featured Stocks Page includes most current notes with headline links for access to more detailed letter-by-letter analysis including price/volume graphs annotated by our experts. See the Premium Member Homepage for archives to all prior pay reports. |
Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.
Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. |
|
 |
Financial, Retail, Most Tech and Commodity-Linked Groups Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
On Thursday the Bank Index ($BKX +1.37%) and Broker/Dealer Index ($XBD +1.75%) both had a positive influence on the major averages while the Retail Index ($RLX+0.89%) posted a smaller gain. The tech sector was led by the Semiconductor Index ($SOX +1.26%) while the Networking Index ($NWX +0.46%) posted a smaller gain and the Biotechnology Index ($BTK -0.07%) finished flat. The Oil Services Index ($OSX -0.61%) edged lower while the Integrated Oil Index ($XOI +0.42%) and the Gold & Silver Index ($XAU +1.01%) both rose.Charts courtesy www.stockcharts.com
PICTURED: The Gold & Silver Index ($XAU +1.01%) is up +65.5% from its January low and still rallying.
| Oil Services |
$OSX |
138.74 |
-0.85 |
-0.61% |
-12.04% |
| Integrated Oil |
$XOI |
984.59 |
+4.16 |
+0.42% |
-8.21% |
| Semiconductor |
$SOX |
621.07 |
+7.73 |
+1.26% |
-6.39% |
| Networking |
$NWX |
352.87 |
+1.61 |
+0.46% |
-6.13% |
| Broker/Dealer |
$XBD |
146.70 |
+2.53 |
+1.75% |
-17.62% |
| Retail |
$RLX |
1,201.30 |
+10.59 |
+0.89% |
-6.40% |
| Gold & Silver |
$XAU |
63.53 |
+0.64 |
+1.02% |
+40.24% |
| Bank |
$BKX |
60.66 |
+0.82 |
+1.37% |
-17.00% |
| Biotech |
$BTK |
2,819.80 |
-1.93 |
-0.07% |
-26.07% |
|
|
|
 |
When You Get Back In Do It On The Right Foot
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Asset Management Services Using the Winning Fact-Based Investment System - Inquire Now! You can have professional help in limiting your losses and maximizing your gains in all market environments. For help with how your portfolio is managed in 2016 and beyond click here and indicate "Find a Broker". *Accounts over $250,000 please. **Serious inquires only, please. |
|
|
Color Codes Explained :
Y - Better candidates highlighted by our
staff of experts.
G - Previously featured
in past reports as yellow but may no longer be buyable under the
guidelines.
***Last / Change / Volume data in this table is the closing quote data***
|
|
|
THESE ARE NOT BUY RECOMMENDATIONS!
Comments contained in the body of this report are technical
opinions only. The material herein has been obtained
from sources believed to be reliable and accurate, however,
its accuracy and completeness cannot be guaranteed.
This site is not an investment advisor, hence it does
not endorse or recommend any securities or other investments.
Any recommendation contained in this report may not
be suitable for all investors and it is not to be deemed
an offer or solicitation on our part with respect to
the purchase or sale of any securities. All trademarks,
service marks and trade names appearing in this report
are the property of their respective owners, and are
likewise used for identification purposes only.
This report is a service available
only to active Paid Premium Members.
You may opt-out of receiving report notifications
at any time. Questions or comments may be submitted
by writing to Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307
or 954-785-1121.
|
|
|
