• Summer Doldrums Affecting The Dow Jones Industrial Average

    2 monthes ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis kicks off the new trading week with a deep dive into the underlying technicals for the major U.S. averages.
    The Employment Report on Friday was a little weaker than expected. Manufacturing jobs continue to look strong, however, suggesting strength in better paying jobs. The major indices opened slightly higher off these numbers and gradually increased over the day. The Dow Jones Industrial Average was the best performer in the session, as Techs and the Nasdaq 100 lagged.
    It was a slow day, as Summer Friday volume was in play...
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