Options Supplement: May 19, 2016 Stocks finished lower today after traders spent the night digesting the Fed minutes from yesterday. The S&P 500 closed down about .3% but that was well off morning lows, as weakness in Europe took its toll early. Oil ended down as well but pared some of its losses around noon […]
Options Supplement: May 18, 2016 Stocks were up, down and all around today, and when the bell rang at 4:00 they were just about flat. On a busy day in the markets, the S&P 500 managed to eke out a marginal gain of .02% while the Nasdaq fared slightly better closing up .5%. Today’s action […]
Options Supplement: May 17, 2016 Stocks finished up close to 1% yesterday and as has been the case recently, gave back nearly all those gains today. To say traders seem to be confused right now would probably be an understatement. The S&P 500 ended down .9% after struggling to find a bottom for most of […]
Options Supplement: May 16, 2016 Stocks finished sharply higher today, erasing losses from Friday and starting the week on a positive note. The S&P 500 ended up 1% and was led higher all day by a strong rally in oil (+3.55%). Crude oil closed at its best level in nearly 7 months, helped out by […]
Options Supplement: May 15, 2016 Stocks finished off a topsy-turvy week in the red Friday. The S&P 500 dropped .85% for the day and logged its third consecutive week of declines, while the tech heavy Nasdaq ended down only .4% but has now extended its weekly losing streak to four. Oil contributed to the weakness […]
Options Supplement: May 12, 2016 Stocks had a rollercoaster day, alternating between nearly triple digit gains and losses before finishing flat. The S&P 500 looked to be shaping up for a bounce back early as strength in oil and a morning rally in Europe sent futures up about .5% premarket. The bounce fizzled quickly and […]
Options Supplement: May 11, 2016 Well that was unexpected. Stocks reversed rather sharply today, giving back most of the gains from yesterday and erasing all of their positive momentum. The S&P 500, Dow and Nasdaq all finished red by about 1%, led lower by selling in Europe and weak earnings out of some prominent names. […]
Options Supplement: May 10, 2016 Stocks came roaring back to life today after their quiet session yesterday. The S&P 500, Dow and Nasdaq all finished up about 1.25%, going green for the month of May again. Stocks opened up strong as Europe had some early morning strength and ground higher throughout the day, helped out […]
Options Supplement: May 9, 2016 Stocks had a quiet day of trading today as they struggled to build off of Friday’s reversal. The S&P 500 drifted around the unchanged mark for most of the day before attempting a late day run only to promptly drop back down into the close. Once the dust settled, the […]
Options Supplement: May 8, 2016 The jobs number may have disappointed on Friday but stocks definitely didn’t. The S&P 500, Dow and Nasdaq all finished higher for the session, erasing early losses that followed a monthly jobs report of 160,000 which fell below the average estimate of 203,000. A .3% – .4% gain in the […]