2015 Market Recap

2015 has been one of the most difficult year for many traders, myself included. Before we start trading in 2016, let's take a look at how the market had performed in 2015.

Here's How They Look

Although there is still one more trading session left in 2015, here is how the market indices look as of the last trading session in 2015.

The Big Channel

Here are the weekly charts of the indices showing price still trending within a multi-years price channel and holding above the support trendline.

Suspicious Record High

Today the DJIA closed with another all time closing high at 18,312.39, a gain of 13.51 or +0.07%. Although nearly 2/3 of the stocks in the DJIA index closed higher, but this record close is suspicious.

Stock Market Watch - 4/26/2015

The market continues its march into new high territory last week. The NASDAQ Composite closed above the dotcom bubble closing high at 5092.08, and less than 50 points from the all time high of 5132.52. The tech heavy NASDAQ 100 did not make a new all time closing high but it did closed with another multi-years high at 4536.78. It is still some distance away from the dotcom bubble closing high of 4704.73.

Stock Market & MOMO Stocks Review - 3/21/2015

Last week, the market moved back above the December pivot high and the Russell 2000 continues to make new all time high. The NASDAQ Composite almost tagged the dotcom bubble closing high, and AAPL made its debut on Thursday as a component of the Dow Jones Industrial Average.

Trend Remains To Be UP

As the month of August reached the half way point, the statistically to be one of the worst month of the year is up so far as measured by the SP500. Even the worrisome small cap index, the Russell 2000 is up for the month. Of course, there’s still half a month to go and anything can happen between now to the end of the month.