Latest / Wall Street Closing Bell: Daily Market Recap with Peter Tuchman, the Einstein of Wall Street
Oil Pulls Back as Traders Shop Ahead of Fed Day | Wall Street Closing Bell with Peter Tuchman
Today’s Wall Street Closing Bell recap with Peter Tuchman.
In today’s episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the “Einstein of Wall Street,” breaks down everything that moved the stock market today. The Dow Jones Industrial Average (DJIA) finished essentially flat at 52,380 on 1.2 billion shares, while advances versus declines split 50-50, a pattern Peter reads as straight rotation, with investors selling one position to fund another. Crude oil pulled back $1.40 and the Dow Jones Transportation Average jumped 350 points…
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