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.
DJIA
- Thread starter Phill Twist
- Start date
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.
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 17722 on 4/12/16, as the stock market surged today. Oil broke out and has now rallied from the $35's last week to over $42 today If oil remains strong, we could easily see a stock market break out from here.
I know it seems like low volume doesn't matter now, but it does. Market still not accepting rally
The Dow Jones Industrial Average closed at 17908 on 4/13/16, as the stock market surged today. Asia rallied big time overnight which helped global markets If oil remains strong, we could easily see a stock market break out from here.
The Dow Jones Industrial Average closed at 17926 on 4/14/16, as the stock market continued to rally today. The S&P 500 appears to be breaking out now but I'm starting to become cautious as we trade closer to the 2100-2150 range.
