Friday, April 20, 2018

Stocks Slide As Commodities Hold Gains

Stocks stumbled as oil, silver, zinc, and copper held tenuously to recent gains as market participants were spooked by Apple and found earnings of other companies to be good, but not great.

Thus, the churn of the market continued, with many traders going into protective mode, not willing to risk much in a market that appears to have turned from bull to bear. Analysts across the financial landscape continue to argue both sides, some convinced that the recent market dip is nothing more than a needed correction, while others suggest that a hard look at the charts and outside financial data reveals a bear market and a struggling economy based mostly on noise, hype, and hope.

Dow Jones Industrial Average April Scorecard:

Date Close Gain/Loss Cum. G/L
4/2/18 23,644.19 -458.92 -458.92
4/3/18 24,033.36 +389.17 -69.75
4/4/18 24,264.30 +230.94 +161.19
4/5/18 24,505.22 +240.92 +402.11
4/6/18 23,932.76 -572.46 -170.35
4/9/18 23,979.10 +46.34 -134.01
4/10/18 24,407.86 +428.76 +294.66
4/11/18 24,189.45 -218.55 +76.11
4/12/18 24,483.05 +293.60 +369.71
4/13/18 24,360.14 -122.91 +247.80
4/16/18 24,573.04 +212.90 +460.70
4/17/18 24,786.63 +213.59 +674.29
4/18/18 24,748.07 -38.56 +635.73
4/19/18 24,664.89 -83.18 +552.55

At the Close, Thursday, April 19, 2018:
Dow Jones Industrial Average: 24,664.89, -83.18 (-0.34%)
NASDAQ: 7,238.06, -57.18 (-0.78%)
S&P 500: 2,693.13, -15.51 (-0.57%)
NYSE Composite: 12,671.48, -61.37 (-0.48%)

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