{"id":56913,"date":"2022-05-06T17:30:50","date_gmt":"2022-05-06T21:30:50","guid":{"rendered":"https:\/\/www.ino.com\/blog\/?p=56913"},"modified":"2022-05-06T17:30:50","modified_gmt":"2022-05-06T21:30:50","slug":"dow-drops-for-sixth-straight-week","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2022\/05\/dow-drops-for-sixth-straight-week\/","title":{"rendered":"DOW Drops For Sixth Straight Week"},"content":{"rendered":"<p>Choppy trading was the theme of the day on Friday after a dramatic week that saw the DOW post both its best and worst days since 2020, with the worst day being Thursday, when it dropped over 1,000 points. The DOW shed 98.60 points, or -0.30%, to finish at 32,899.37. The S&P 500 shed -0.57% to close at 4,123.34, while the NASDAQ fell -1.40% to end the week at 12,144.66.<\/p>\n<div align=\"center\" style=\"margin-bottom: 20px;margin-top: 10px;\"><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/hzYOek9eHkk\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<p>The losses on Friday clinched a losing week for all three major indexes despite starting off the week with three straight positive sessions. The DOW finished down -0.24% for its sixth consecutive negative week. The S&P 500 and NASDAQ finished with losses of -0.21% and -1.54%, respectively, for their fifth straight losing week.<!--more--><\/p>\n<h2 style=\"color: #003380; font-size: 20px;\">Key Levels To Watch Next Week:<\/h2>\n<ul>\n<li><strong>S&P 500 <a href=\"https:\/\/quotes.ino.com\/charting\/?s=CME_SP500\" target=\"_blank\" rel=\"noopener noreferrer\">(CME:SP500)<\/a><\/strong>: 4,512.94<\/li>\n<li><strong>Dow <a href=\"https:\/\/quotes.ino.com\/charting\/?s=INDEX_DJI\" target=\"_blank\" rel=\"noopener noreferrer\">(INDEX:DJI)<\/a><\/strong>: 35,492.22<\/li>\n<li><strong>NASDAQ <a href=\"https:\/\/quotes.ino.com\/charting\/?s=NASDAQ_COMP\" target=\"_blank\" rel=\"noopener noreferrer\">(NASDAQ:COMP)<\/a><\/strong>: 13,710.70<\/li>\n<li><strong>U.S. Dollar <a href=\"https:\/\/quotes.ino.com\/charting\/?s=ICE_DX\" target=\"_blank\" rel=\"noopener noreferrer\">(ICE:DX)<\/a><\/strong>: 99.81<\/li>\n<li><strong>Gold <a href=\"https:\/\/quotes.ino.com\/charting\/?s=NYMEX_GC.M22\" target=\"_blank\" rel=\"noopener noreferrer\">(NYMEX:GC.J22)<\/a><\/strong>: 1,865.00<\/li>\n<li><strong>Crude Oil <a href=\"https:\/\/quotes.ino.com\/charting\/?s=NYMEX_CL.M22\" target=\"_blank\" rel=\"noopener noreferrer\">(NYMEX:CL.K22)<\/a><\/strong>: 107.24<\/li>\n<li><strong>Bitcoin <a href=\"https:\/\/quotes.ino.com\/charting\/?s=CRYPTO_BTCUSD\" target=\"_blank\" rel=\"noopener noreferrer\">(BITCOIN:BITSTAMPUSD)<\/a><\/strong>: 42,978.95<\/li>\n<\/ul>\n<p>Every Success,<br \/>\nJeremy Lutz<br \/>\n<a href=\"https:\/\/www.ino.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">INO.com <\/a>and <a href=\"https:\/\/club.ino.com\/members\/?mktcode=blogjl\" target=\"_blank\" rel=\"noopener noreferrer\">MarketClub.com <\/a> <\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Choppy trading was the theme of the day on Friday after a dramatic week that saw the DOW post both its best and worst days since 2020, with the worst day being Thursday, when it dropped over 1,000 points. The DOW shed 98.60 points, or -0.30%, to finish at 32,899.37. The S&#038;P 500 shed -0.57% [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":56914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[14379,6249,6320,6319],"class_list":["post-56913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-videos","tag-bitcoin-bitstampusd","tag-dow-indexdji","tag-nasdaq-nasdaqcomp","tag-sp-500-cmesp500"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DOW Drops For Sixth Straight Week - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"description\" content=\"Choppy trading was the theme of the day on Friday after a dramatic week that saw the DOW post both its best and worst days since 2020.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2022\/05\/dow-drops-for-sixth-straight-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DOW Drops For Sixth Straight Week - 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