Jerry Samet
04-07-2026, 06:00 PM
The market was volatile today, and ended up little changed. The major averages opened lower and sold off to significant losses. All the major averages finished high in their intraday trading ranges. The COMPQ and the NDX were higher by .10% and .04%. The SPX gained .08%. Volume was higher across the board. Leading stocks were mixed to higher. The leaders index gained .81% on the day. The index closed high in its trading range on higher and below average volume. The market opened lower and went to real losses before some buying came in. It then bounced around until a late story about negotiations caused the market to rally into the close. It is good that the early losses were recovered, but it shows how vulnerable the market is to news stories. Trump’s deadline is coming up tonight and what happens will cause the market to go either up or down, depending on the news. There is some important inflation news coming out later in the week, but the war dominates. It’s hard to see the market making a sustained tradable rally until this situation becomes more clear. Jerry