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Oil just made a huge move, and nobody noticed

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Market Recap for Sunday, July 31st, 2016   Traders had a lot to digest this past week. We had a Fed Statement, the Bank of Japan policy statement, and a busy earnings calendar with releases from big companies. But the news actually led to a choppy week of trading. And after the dust settled, the major indices finished the week mixed. The NASDAQ was the uncontested leader last week. Helped out by tech stocks like Apple (AAPL) up 5.6%, Alphabet (GOOGL) up 4.2% and Facebook (FB) up 2.4%, the NASDAQ finished the week with a solid gain. Here’s where the major indices ended the week: The S&P finished with a […]

 

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