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Day Traders Diary

7/26/24

The major averages surged to end the week, capping off a turbulent five days on a plus note after investors weighed the fresh U.S. inflation data out this morning. The Dow Jones Industrial Average rose 654 points, or 1.6%, led to the upside in 3M. The S&P 500 rose 59... Read More

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Diamonds and Dogs

7/26/24

3M (MMM) is lifting the Dow with a 21% rally, its best day since 1972, after beating earnings by a wide margin and then raising guidance as the new CEO vowed to reinvigorate the iconic manufacturer's innovation engine. Back in May, 3M spun off their huge health-care products... Read More

7/25/24

Raytheon (RTX) jumps 9% to a new high on strong earnings and raised guidance. Earnings beat as revenue rose 7.7% to $19.72 billion. Organic sales growth of 10% in the quarter gave management the confidence to raise guidance. Commercial aerospace was a bright spot for RTX while demand... Read More

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