• Boeing Lifts Dow, but Chipmakers Pose Headwind

    19 days ago - By NY Times

    The Dow Jones Industrial Average rose on Wednesday after Boeing raised its profit forecast, easing worries of slowing corporate profits, but a dim outlook from other China-reliant companies, including chipmakers, pressured the S&P 500 and Nasdaq.
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  • See-Saw Action Defines Dow Jones Industrial Average

    19 days ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis takes a deep dive into the underlying technicals of today's markets.
    With no economic reports to guide the market, investors looked at earnings and markets overseas to set a direction at the open. Poor earnings had equities gapping down at the open and quickly broke key support levels. The DJIA was down over 500 points at one point as the sell-off was widespread. While the sell-off was steep it only lasted for the first hour.
    The major averages gradually started to move to the upside and began erasing some of the big losses...
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