Day Trading Radio Blog Alert - Breaking Briefs - New Tunes Tuesday

Published: Tue, 09/30/14

 
 

2014-09-30 15:38:55-04
Breaking Briefs - New Tunes Tuesday

Briguy's Breaking Briefs (DTR1, 4:30pm ET)

What you turn on When the markets turn off.  Join us for news, earnings, and tunes.

============== End of Quarter/Year ==============

U.S. consumer confidence fell in September for the first time in five months and home prices in July rose less than expected from a year earlier, underscoring the unsteady nature of U.S. growth.

Also: According to the Stock Trader’s Almanac 2014 (page 84), the first trading day of each month combined produce nearly double the gains of all other days. However, based upon DJIA, October’s first trading day is rather meager as the seventh best performing first trading day of all twelve months with DJIA gaining a cumulative 339.01 points since 1997. Over the past 21 years, DJIA’s first trading day of October has produced gains just 57.1% of the time with an average gain of 0.19%. S&P 500 has advanced 52.4% of the time. NASDAQ has been notably weaker at just 42.9% with an average loss of 0.39%. (http://blog.stocktradersalmanac.com/)

Let's look at today's action and see where things stand going into the new 'year'.

Plus, it's New Tunes Tuesday ... we'll check out some new music out this week.

See you tonight !!

During show, you can reach me at:

Twitter: @briguytrading | @breakingbriefs

 




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