MT Market Model (15 July’20)

The Dow Jones Industrial Average rose a fourth straight day Wednesday, notching its longest win streak in more than a month, after investors got several doses of good news. Signs of progress toward a coronavirus vaccine by Moderna propelled most corners of the stock market higher. Goldman Sachs Group added to the advance after reporting one of its best quarters by revenue ever. Apple won a key court case in Europe, and economic figures on industrial production surprised to the upside.

MT Market Model (13 July’20)

Major stock indexes had surged earlier in the session, with the Dow Jones Industrial Average rising more as much as 563 points. But sentiment shifted after California moved to close all indoor dining, bars and other businesses. The Los Angeles Unified School District, the nation’s second largest, said it would start the school year online.