Last week Stock market simply reversed all the loses it had previous week.
For the week Sept (24th-28th): Dow jones was down 143 point, S&P500 was down 20 point and Nasdaq was down 64 point.
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| Dow Jones weekly outlook for Oct 8th - 12th: 13335 - 13705 with PT of 13335 |
For the week Oct (1st-5th): Dow jones is up 173 point, S&P500 is up 20 point and Nasdaq is up 20 point.
So basically in two week, US stock market is flat.
For 1 Month: Dow jones is up 318 point(2.4%), S&P500 is up 28 point(2%) and Nasdaq is up 1 point (0%).
For 3 Month: Dow jones is up 837 point(6.5%), S&P500 is up 106 point(8%) and Nasdaq is up 198 point (6.7%).
For 6 Month: Dow jones is up 550 point(4.25%), S&P500 is up 63 point(4.5%) and Nasdaq is up 55 point (1.81%).
For Year to Date: Dow jones is up 1392 point(11.5%), S&P500 is up 203 point(17%) and Nasdaq is up 531 point(21%)
For 1 Year: Dow jones is up 2697 point(25%), S&P500 is up 329 point (29%) and Nasdaq is up 720 point (30%).
For 5 Year: Dow jones is down 455 point (3.25%), S&P500 is down 97 point(6.21%) and Nasdaq is up 355 point (13%).
Nasdaq is lagging behind Dow jones and S&P500 on monthly, 3 month and 6 month basis, but Nasdaq is way ahead in terms of year to date, 1 year, and 5 year basis.
