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David Smith

June 26 Morning Report: Friday Close – GovCon Index Weekly Performance Down, Major Indices Close Mixed

The Executive Mosaic GovCon Index moved down for the week 0.64 percent after Friday’s close which reversed a three day downward trend. The major indices closed mixed on the week with the S&P500 and DJIA closing down by 0.16 percent and 0.27 percent respectively and the NASDAQ up 1.11 percent. WTI crude …

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June 23 Market Close: GovCon Index Reverses Trend to Close Up With Markets Mixed

The Executive Mosaic GovCon Index reversed it’s three day downward trend to close up 0.168 percent to 95.302 with advancers outpacing decliners 2 to 1. The major indices had little movement on the day closing mixed with the S&P500 and NASDAQ up and the DJIA down. The S&P500 and NASDAQ remand in …

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June 19 Morning Report: Friday Close – GovCon Index Weekly Performance Down, Major Indices Close Up

At Friday’s close the Executive Mosaic GovCon Index closed down for the week 0.78 percent. On the week the major indices closed in the positive with mixed messages throughout the week about sub-par housing data, sluggish performance from the technology stocks, and Federal Reserve raising interest rates for the second time in …

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June 12 Market Close: GovCon Index Closes Up as Major Indices All Close Down

The Executive Mosaic GovCon Index closed up for the fourth consecutive day with Government Services companies leading the top five positions. The three major indices all closed down as U.S. technology stocks continued their slide from Friday. WTI broke through the $46 mark to close up +0.52 percent settling at $46.07 per …

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June 12 Morning Report: Friday Close – GovCon Index and Major Indices Close Mixed on the Week

The Executive Mosaic GovCon Index closed up 0.425 percent for the third consecutive day, however was down on the week by 0.184 percent. The major indices closed mixed with the S&P500 down 3.57 points for the week, the DJIA up 95.48 points on the week, and the NASDAQ with a weekly drop …

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June 9 Market Close: GovCon Index Up as Major Indices Close Mixed. Tech Stocks Tumble

The Executive Mosaic GovCon Index closed up for the third consecutive day to 95.504, up 0.425 percent. The major indices closed mixed on the day with the S&P500 down 0.08 percent, the DJIA up 0.42 percent, and the NASDAQ down 1.80 percent. The technology stocks on the NASDAQ took a tumble today …

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June 8 Market Close: GovCon Index and Major Indices Marginally Up

The Executive Mosaic GovCon Index closed up for the second consecutive day to 95.373, up 0.878 percent. Advancers outpaced decliners at a ratio of 9 to 1. After a low volume roller coaster trading day the major indices showed marginal movement with all three markets closing up. Investors showed no reaction to …

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June 6 Market Close: GovCon Index and Indices Down for Second Day

The Executive Mosaic GovCon Index pulled back for the second day to break through 95.00 to close down 0.729 percent to 94.680. Decliners outpaced advancers 13 to 1. The two gainers on the day were Navistar International (NYSE:NAV) up 3.03 percent, and Leidos Holdings up 0.09 percent. The three U.S. indices continued …

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June 5 Market Close: GovCon Index and Indices all Close Down Reversing Last Weeks Trend

The GovCon Index and major U.S. indices all closed down after a previous week of strong performance. After three up days the Executive Mosaic GovCon Index pulled back to end the day down 0.762 points to 95.683. Decliners outpaced advancers 3 to 1. Navistar lead the Index posting a 12.81 percent gain …

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