The Dow Jones Industrial Average closed at 17577 on 4/8/16, as the stock market rallied but was weak into the close. The stock market has been going sideways after it failed to take out 2082 on the S&P 500.
The Dow Jones Industrial Average closed at 17542 on 4/7/16, as the stock market dropped back down today. Wall St. seems to be uncertain right now or this could just be purely profit taking.
Shake Shack (SHAK) is trading between $37-$38 right now which is bullish. SHAK is a strong buy below $30 heading into earnings in two months. The chart tell us SHAK may have bottomed again.
The Dow Jones Industrial Average closed at 17624 on 4/5/16, as the stock market dropped due to weak oil prices. The S&P 500 rallied from 1810-2075 recently but now it looks like we might see a correction as investors take profits.
Shake Shack (SHAK) sold off Monday after one of the largest investor announced plans to sell some of their position in 2016. SHAK is a strong buy below $30 heading into earnings in two months.