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John Thomas Financials Chief Market Analyst Wayne S. Kaufman’s Weekly Report

After making all-time highs two weeks ago stocks took it on the chin last week as the S&P 500 erased nearly all the gains of the prior week. It dropped 2.11%, the biggest weekly loss since 11/9/2012. Major indexes were led on the week by the Dow Jones Transports, down 1.78%, and the Bank of NY Mellon ADR Index, down 2.01%. The biggest losses were seen in the Russell 2000, down 3.21%, and the Nasdaq Comp ...

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Chief Market Analyst Wayne S. Kaufman Weekly Report from the John Thomas Financial Blog

John Thomas Financials Chief Market Analyst Wayne S. Kaufman Weekly Report Stocks had a rough week in spite of the S&P 500 making a new high on Tuesday as investors reacted to more worse than expected economic indicators. In this case it was employment news from ADP Wednesday, followed by Jobless Claims Thursday, and Payrolls on Friday. Soft economic news began being reported in mid- March, and investor ...

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John Thomas Financials Chief Market Analyst Wayne S. Kaufman Weekly Report

Stocks overcame Cypress jitters and traded broadly higher last week as the S&P 500 finally joined the Dow Industrials and made an all-time closing high Friday .Major indexes were led on the week by The Dow Transports, up 1.22%, and the S&P Midcap 400, up 1.15%. The only major index with a loss was the Bank of NY Mellon ADR Index, down 0.62%, and certainly not helped by the continued strength in the ...

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John Thomas Financials Chief Market Analyst Wayne S. Kaufman Weekly Report

Stocks struggled last week but finished with small losses in spite of three of the five trading sessions being negative. The S&P 500 finished down 0.25%, and the Dow Industrials lost 0.01%. The laggards were the Dow Transports, down 1.49%, and the Bank of NY Mellon ADR index, down 1.03%. The only major index with again was the Nasdaq 100, up 0.5%, and helped again by a resurgent Apple Computer. Industry ...

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John Thomas Financials Chief Market Analyst Wayne S. Kaufman Weekly Report

Stocks rallied again last week as the S&P 500 ran its weekly winning streak to three and it has recorded gains in ten of the last eleven weeks. Major indexes were led higher on the week by the Dow Jones Transports, up 2.10%, and the S&P Smallcap 600, up 1.13%. The only major index down on the week was the Nasdaq 100, which was down 0.17%. The S&P 500 was up 0.60% for the week and is up 9.43% so ...

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