• Slow Summer Action Saps The Dow Jones Industrial Average

    10 days ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis wraps up the trading week with a deep dive into the underlying technicals for the major U.S. averages.
    PPI numbers came in a little higher than expected on Thursday, but not too hot. Initial claims came in better than expected as jobs continue to grow. The market opened slightly lower and was choppy throughout the day, but again in a tight range.
    Good earnings by ROKU and YELP helped to push them to good gains. ROKU was up 21% and YELP up 26% in the session. TSLA, which has been the big story recently, is now under SEC...
    Read more ...