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Tag Archives: NASDAQ

BUMP THE CEILING — OR BREAK THROUGH?

If your pulse isn’t pounding yet, it will shortly. Here’s where the stock market gets downright exciting. We’ve had a handsome run-up off the March 24 low. In less than two weeks, the S&P index has climbed 5%. NASDAQ has jumped even more (9%). I hope you’ve enjoyed every minute of it as much as I have.

SHHH…QUIET!

Wall Street’s canyons have been eerily quiet the past few weeks — and today was no exception. NASDAQ provided a little bubblicious excitement by running up to a new closing high for the year, but the rest of the market posted only modest gains. Volatility has nearly died out. Over the past 10 trading sessions, the average daily change in the S&P 500 index has fallen to just 0.37% — the lowest reading for any such stretch since December 1996.