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Day Traders Diary

10/21/24

The major averages closed mixed today following six straight up weeks as earnings season continues to dominate October. The Dow Jones Industrial Average fell 344 points led by weakness in the financials, Home Depot and Amgen. The S&P 500 fell 10 points while the Nasdaq rose 50 points. Consumer and homebuilder... Read More

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Diamonds and Dogs

10/21/24

Not all Dow components are lower. Boeing (BA) is up nearly 3% after the machinists union reaches a tentative agreement on Saturday to halt their strike. The union members will vote on Wednesday, the same day the company will report third quarter earnings. Boeing has already reported a large quarterly... Read More

10/18/24

Netflix is the diamond today up 11% after the streaming giant beat Wall Street's expectations on both the top and bottom line. Sales rose 15% to $9.82 billion.Netflix also raised guidance with a 35% jump in ad-tier memberships from the prior three-month period. BMO and Wedbush upgraded the stock... Read More

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