Q2 STOCKS TO BUY

Dow Jones Industrial Average Kicks Off Holiday Week On a Strong Note

Time to Buy Apple? Plus, 3 Stocks to Watch This Week

Dec 21, 2015 at 4:25 PM
facebook X logo linkedin


The Dow Jones Industrial Average (DJIA) closed out the first session of the holiday-shortened week in the black. However, the big-cap index had to overcome a midday dip along the way, as well as a surprisingly weak post-"Star Wars" performance from blue chip Walt Disney Co (NYSE:DIS). Amid light volume, traders again considered lower oil prices, with no prominent economic reports due out until tomorrow's final reading on third-quarter gross domestic product (GDP). 

Continue reading for more on today's market, including:

The Dow Jones Industrial Average (DJIA - 17,251.62) surged in first and final hours of trading, to add 123.1 points, or 0.7%. Just four of the Dow's 30 components closed in the red, including DIS, which led the losers with a 1.1% decline. JPMorgan Chase & Co. (NYSE:JPM) paced the advancers, adding 1.8%. 

The S&P 500 Index (SPX - 2,021.15) managed a 15.6-point, or 0.8%, win, kicking off a historically positive week. The Nasdaq Composite (COMP - 4,968.92) closed the day up 45.8 points, or 0.9%. 

The CBOE Volatility Index (VIX - 18.70) dropped 2 points, or 9.7%, but still closed above its 20-day moving average for the 10th consecutive session. 


151221recap1



151221recap2




5 Items on Our Radar Today:

  1. South Carolina Sen. Lindsey Graham, a Republican, announced he's exiting the 2016 presidential race. "While we have run a campaign that has made a real difference, I have concluded this is not my time," Graham said in a farewell video. (USA Today)

  2. Caterpillar Inc. (NYSE:CAT) was accused of misappropriating the trade secrets of a former supplier, and was ordered to pay $73.6 million in damages. (Reuters via Yahoo Finance)

  3. Short sellers are waiting anxiously for this beleaguered biotech to resume trading

  4. A buyout offer from Carl Icahn had this stock at levels not seen in eight years. 

  5. Where did these Twitter Inc (NYSE:TWTR) option bulls come from?



151221recap4

Data courtesy of Trade-Alert

Commodities:

Oil futures fell again today, with fears of a global supply glut weighing on investors. Crude for February delivery closed down 25 cents, or 0.7%, at $35.81 per barrel. Brent crude, meanwhile, dropped to 11-year lows.

On the other hand, gold got a jolt thanks to a weakening dollar. February gold added $15.60, or 1.5%, ending at $1,080.60 per ounce -- its best finish in roughly two weeks. 

 
 

“Buy This Stock Now!” - Expert Who Called 11x On TSLA

He called a rare 11x on Tesla…

But now, thanks to Elon & Trump’s new alliance…

He says there’s a new opportunity that could be 1,000x BIGGER than Tesla – and it could completely revolutionize a $23 Trillion market.

It’s trading for less than $5 per share right now…

But it won’t be under the radar for long.

Discover The 1,000x Bigger Elon Opportunity Here

GRAND SLAM COUNTDOWN

 
 

Featured Articles from Trusted Partners:

👀Learn How Dividends Create Passive Income for Life
Receive $200 Off Motley Fool Epic. The Motley Fool Epic $299 discounted offer is based on $499/year list price. Introductory promotion for new members only. Take control of your money and your portfolio with Motley Fool Epic.

💵New Income System Could Pay You $4,243 Monthly
You could collect an average of $4,243 per month starting as early as next week with a new payout system for income investors. New registrations are being accepted for investors who want to be in a position to start with their first payout next week.

🚀Easy 92% Crypto Dividends (No Coins Required)
COIN stock doesn't pay a dividend... But there's actually a new way to collect a massive dividend that's indirectly based on the stock and offers a terrific monthly income (currently yielding nearly 92% on a forward basis).

🤝Free Advisor Match with Wiseradvisor.com
Don't leave your retirement to chance! Get matched with a trusted financial expert for FREE and make the most of your tax refund. Get started now.

⚠️Dennis Quaid's #1 Warning for Americans
Here's the thing: life doesn't come with guarantees. The economy shifts, markets stumble, and years of hard work could slip through your fingers like sand. But it doesn't have to be that way for you. So request a free copy of this Gold & Silver Guide that will arrive right to your doorstep when you act now.

 

 
 

Follow us on X, Follow us on Twitter