- equities closed lower on the final trading day of August, with the Dow Jones Industrial Average dropping 374.09 points (-0.70%) to 53,185.90, the S&P 500 falling 25.62 points (-0.33%) to 7,686.14, and the Nasdaq Composite off a more modest 31.53 points (-0.12%) to 26,391.94
- All three indices finished well off their session lows as late buying in technology and semiconductor names helped the S&P 500 and Nasdaq claw back a portion of earlier losses, while the Dow underperformed throughout the session
- The dominant theme was a fresh escalation in U.S.-Iran hostilities over the weekend, which sent crude oil sharply higher and weighed broadly on risk sentiment
- Cautious.
- What worked: Continuation setups led (2LYNCH: 16 signals) with TSLA, ASND, XPO,…
- equities remained under broad pressure at midday Monday as a fresh flare-up…
- As of 12:00 ET, the S&P 500 traded at 7670.20, down 41.56…
- Cautious.
- What's working: the Continuation/2LYNCH scan is firing with 8 quality signals —…
- equity futures are pointing to a lower open on Monday, August 31,…
- The pre-market weakness follows a choppy end to last week, in which…
- CRWL ($75.00): ATR multiple 1.43, 0 funds, undefined%
- CRMG ($9.99): ATR multiple 12.67, 2 funds, undefined%
- CRMG ($9.99): catalyst 1d ago, +44.3% gap, RVOL 2.0
- IGV ($109.50): catalyst 1d ago, +7.7% gap, RVOL 1.4
- ALNY ($237.10): +0.2%, RVOL 0.9, at_demand
- FENC ($12.27): +4.3%, RVOL 1.9, at_supply
- equities closed out a choppy Friday session mostly lower, with the S&P…
- The Dow Jones Industrial Average was essentially flat, down just 9.45 points…
- equities closed out a volatile week on a lower note Friday, as…
- The session was dominated by Fed Chair Kevin Warsh's Jackson Hole address,…