April 19, 2024

Daily Wrap

DJIA +84.79 (+0.63%) to 13,596.02; S&P 500 +8.31 (+0.56%) to 1,480.94; NASDAQ +18.46 (+0.59%) to 3,136.00 Today started with a gap higher and then continued leaving a chart which moved from the lower left to upper right.  The market really started its move after we got a much better than expected Weekly jobless claims number which came in at 335K vs the expected 369K.  The markets did make their high just after 2pm and moved lower into the close and after the close but not destructively so.  The news causing the decline may have been from Dallas Fed hawk Fisher…

Analyst Comments

If you see a symbol that interests you in this list then make sure to check out the Upgrades/Downgrades section for the complete list and details! Upgrades: NKE, IVNYY, GES, IACI, RIMM, KMX, PLT, PNR, AIV, CPT, AVB Downgrades: CREE, TASR, TKR, COL, INGR, ATVI