July 23, 2021

July 23, 2021

Stocks closed higher for a 4th straight day, with every major index in positive territory. In economic news, there were 5.86 million existing home sales during June, slightly less than expected.


Dow Jones finished +238 at 35,061

S&P 500 finished +44 at 4,411

NASDAQ finished +152 at 14,836


The 10 Year Treasury closed up 2 basis points yielding 1.28%

Oil prices closed up $0.14 ending at $72.05 a barrel

Gold prices closed down $3.80 ending at $1,801 an ounce


In corporate news:


  • Shares of Twitter closed up 3% after the social media company beat earnings and revenue topped estimates as ad sales surged 87% from this time last year. Twitter also gave an upbeat current-quarter revenue forecast.
  • Boston Beer shares closed down 26% after the company missed earnings and revenue estimates, and cut its financial outlook for 2021, citing weaker than expected sales of its hard seltzer brands.
  • Snap shares closed 24% higher after the company had a surprise quarterly profit and beating revenue estimates. Snap also reported higher-than-expected daily users.


Daily Updates

January 24, 202.

Stocks had a dramatic comeback today as investors stepped in...

January 21, 202.

Stocks closed down today with investors rotating further away from...

January 18, 202.

The major averages fell sharply Tuesday after Goldman Sachs reported...

Monthly Updates

Omicron Fears E.

Last month we pointed out that December is the best...

Another Covid V.

November is historically a good month for the market and...

Best Month of t.

Earnings are the fuel that drives the train and the...

Stay up to date with our newsletter