Daily Wrap
DJIA +87.31 (+0.58%) to 15,056.20; S&P 500 +8.46 (+0.52%) to 1,625.96; NASDAQ -2.48 (-0.08%) to 2,952.88 My idea of an up morning to noon EST time resulting in a sell off looked good as the S&P 500 initially peaking around 10am EST and then started to sell off losing about 7 points in 15 minutes. That ultimately marked the lows for the day and the bulls stepped in buying the market higher and we finally closed 9 points off of those lows leaving the SPY ETF up over 14% YTD. Electronic Arts (EA) announced a deal with Disney (DIS) to partner on Star Wars video games. …
Daily Wrap
DJIA +7.22 (+0.05%) to 13,986.52; S&P 500 +0.83 (+0.05%) to 1,512.12; NASDAQ -3.10 (-0.10%) to 3,168.48 Today was a sloppy up day that saw the S&P 500 spend the majority of the day down except for a midday and then end of day rally which equate to less than a 1 point gain. I noted last night that this week does not have much in the way of planned economic data or events and therefore it is likely that the headlines will be focused on the earnings being announced. Today seems to be an example of how there just didn’t…