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Friday’s jobs report drives the week

Friday’s jobs report drives the week

All eyes all week long will be on Friday’s report on March jobs from the Bureau of Labor Statistics. Economists surveyed by Bloomberg project that the economy will add 642,000 new jobs in the month and that the official unemployment rate will drop to 6.0% from...
NASDAQ 100 moves into correction

NASDAQ 100 moves into correction

Traders who bought on the dip at the end of last week were a bit early, the market is saying today. As of noon New York time, the Standard & Poor’s 500 was down 1.91%; the Dow Jones Industrial Average was off 1.56%, and the NASDAQ Composite was lower by a...
What’s ahead for the stock market (and investors) in 2022? Here’s what to look for to drive the year

Is a 20% drop in these Dip-o-Meter stocks enough?

I ran the prices and the performance of the 15 Dip-o-Meter stocks last night to see if any were yet in Buy-on-the-dip category. Of course all those numbers have been left needing big revisions after today’s rally. (I’ll wait a day on that revision to see...