You are not logged in.
This means you
CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024.
You
MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.
AFTER MARKET UPDATE - THURSDAY, MARCH 31ST, 2016
Previous After Market Report Next After Market Report >>>
|
|
|
|
DOW |
-31.57 |
17,685.09 |
-0.18% |
|
Volume |
974,951,760 |
+22% |
|
Volume |
1,571,405,500 |
-0% |
|
NASDAQ |
+0.56 |
4,869.85 |
+0.01% |
|
Advancers |
1,668 |
55% |
|
Advancers |
1,400 |
49% |
|
S&P 500 |
-4.21 |
2,059.74 |
-0.20% |
|
Decliners |
1,353 |
45% |
|
Decliners |
1,447 |
51% |
|
Russell 2000 |
+3.59 |
1,114.03 |
+0.32% |
|
52 Wk Highs |
157 |
|
|
52 Wk Highs |
60 |
|
|
S&P 600 |
+0.85 |
686.97 |
+0.12% |
|
52 Wk Lows |
7 |
|
|
52 Wk Lows |
18 |
|
|
 |
Major Averages Ended Mixed With Thinner Leadership
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
For the month, the Dow added 7.1%, the S&P was up 6.6%, and the Nasdaq climbed 6.8%. For the quarter, the Dow advanced 1.5%. The S&P increased 0.8% and the Nasdaq fell 2.8%. Stocks finished little changed on Thursday. The Dow was off 31 points to 17685. The S&P 500 fell 4 points at 2059. The NASDAQ finished unchanged at 4869. The volume was reported higher on the NYSE and slightly lower on the Nasdaq exchange. Advancers led decliners by an 8-7 margin on the NYSE while the mix was near even on the Nasdaq exchange. Leadership waned as there were 37 high-ranked companies from the Leaders List made new 52-week highs and were listed on the BreakOuts Page, down from the total of 65 on the prior session. New 52-week highs still solidly outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange.PICTURED: The Dow Jones Industrial Average rallied toward prior highs.
Further gains have helped the DOW, S&P 500 Index, and the Nasdaq Composite Index unanimously rally above their respective 50-day and 200-day moving average (DMA) lines. The recent improvement for the major averages (M criteria) was backed by an expansion in healthy leadership (new highs), another encouraging sign for the current confirmed rally. 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. The major averages toggled between gains and losses to close out their best monthly performance in five as investors marked time before tomorrow’s first-Friday jobs report. On the data front, initial jobless claims came in at 276,000, higher than analyst expectations of 265,000. In a separate release, activity in the Chicago Fed region ticked up in March to 53.6 from 47.6 in February. Nine out of ten sectors in the S&P 500 finished lower on the session. Utilities shares outperformed while Materials, Industrials and Consumer Staples lagged. In earnings, Micron (MU -0.10%) staged a late rally to finish flat despite the company missing analyst revenue expectations. Treasuries were mildly higher along the curve with the benchmark 10-year gaining 13/32 to yield 1.78%. In commodities, NYMEX WTI crude ticked 0.1% lower to $38.27/barrel in tumultuous trading. COMEX gold advanced 0.6% to $1232.30/ounce. In FOREX, the Dollar Index retreated another 0.2% to close out its worst month and quarter since 2011.
|
Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.
Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. |
|
 |
Biotech Index Rose Most on Mixed Session
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Retail Index ($RLX -0.54%) and the Bank Index ($BKX -0.64%) both fell and weighed on the major averages on Thursday while the Broker/Dealer Index ($XBD +0.11%) inched higher. The tech sector was led by the Biotechnology Index ($BTK +3.16%) and there was a small gain from the Networking Index ($NWX +0.35%), but the Semiconductor Index ($SOX -0.57%) edged lower. Energy-linked shares were mixed and little changed as the Oil Services Index ($OSX +0.22%) edged higher and the Integrated Oil Index ($XOI -0.14%) inched lower. The Gold & Silver Index ($XAU -1.16%) pulled back.Charts courtesy www.stockcharts.com
PICTURED: The Integrated Oil Index ($XOI -0.14%) is consolidating below its 200-day moving average (DMA) line.
| Oil Services |
$OSX |
158.98 |
+0.34 |
+0.21% |
+0.79% |
| Integrated Oil |
$XOI |
1,072.21 |
-1.50 |
-0.14% |
-0.05% |
| Semiconductor |
$SOX |
676.89 |
-3.90 |
-0.57% |
+2.02% |
| Networking |
$NWX |
367.48 |
+1.28 |
+0.35% |
-2.25% |
| Broker/Dealer |
$XBD |
162.33 |
+0.17 |
+0.11% |
-8.85% |
| Retail |
$RLX |
1,271.47 |
-6.88 |
-0.54% |
-0.93% |
| Gold & Silver |
$XAU |
69.51 |
-0.81 |
-1.15% |
+53.44% |
| Bank |
$BKX |
64.23 |
-0.42 |
-0.65% |
-12.11% |
| Biotech |
$BTK |
2,959.00 |
+90.52 |
+3.16% |
-22.42% |
|
|
|
 |
Seriously Applying the Fact-Based System Now
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.
|
|
|
