Dow Jones Industrial Average Claws Higher

2 Plunging Apple Partners; Plus, Fitbit's Bad Day

Jan 5, 2016 at 4:28 PM
facebook X logo linkedin

The Dow Jones Industrial Average (DJIA) did its best to fight off another dismal day in China, resolving a back-and-forth session to the upside. In addition, the blue-chip index defied a steep drop from Apple Inc. (NASDAQ:AAPL) and escalating tensions in the Middle East, with traders bargain hunting after yesterday's dismal start to 2016

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

The Dow Jones Industrial Average (DJIA - 17,158.66) traded in a 157-point range on both sides of breakeven, ending the day with a slim 9.7-point, or 0.1%, win. Of the Dow's 30 components, 22 finished higher, with Wal-Mart Stores, Inc. (NYSE:WMT) taking the top spot with a 2.4% jump. AAPL was the worst off, dropping 2.5%. 

The S&P 500 Index (SPX - 2,016.71) also managed its first win of the year, gaining 4.1 points, or 0.2%. The Nasdaq Composite (COMP - 4,891.43) wasn't so lucky, falling 11.7 points, or 0.2%. 

The CBOE Volatility Index (VIX - 19.34) settled with a 1.4-point, or 6.6%, loss. 



5 Items on Our Radar Today:

  1. As expected, President Barack Obama announced new executive orders in an attempt to curb gun violence -- which, in turn, boosted firearm stocks. Obama, moved to tears during the speech, said he plans to expand federal background checks on gun purchases, while improving the systems already in place. (​CNBC) 

  2. Auto sales remained strong in December, pointing toward a possible record-breaking year in 2015. However, Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM) missed analysts' expectations. (Reuters)

  3. Goldman gave big nods to First Solar, Inc. (NASDAQ:FSLR) and this sector peer

  4. The analyst note that had GoPro Inc (NASDAQ:GPRO) suddenly outperforming

  5. Why Twitter Inc (NYSE:TWTR) traders were in a tizzy

Data courtesy of Trade-Alert


Crude dated for February delivery fell by 79 cents, or 2.2%, to close at $35.97 per barrel -- a two-week low. Traders mostly ignored the deteriorating relationship between Saudi Arabia and Iran, as a stronger dollar weighed on oil futures. 

Weakness in Chinese stock markets led to a rise in gold prices today, as traders sought safe-haven investments. Gold dated for February added $3.20, or 0.3%, to end at $1,078.40 per ounce -- a two-week high. 


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI