Tough Week for Stock Market | August 20, 2017

State of the Stock Market Analysis for the Week Ending August 20th, 2017 (Tough Week for Stock Market 8-20-17) It was a tough week for the stock market, and while bulls were hoping for a big Friday lift, that was not what we saw. The major indices finished slightly lower on Friday, but overall, it was…

Details

Week Ends Down, But Not As Low As Expected | August 13, 2017

State of the Stock Market Analysis for the Week Ending August 13th, 2017 ( Week Ends Down, But Not As Low As Expected 8-13-17) It was an interesting week on Wall Street, to say the least. War worries were in the picture, and that is generally not a bullish backdrop for the stock market. The week…

Details

The Week Ahead Stock Market Update | August 7, 2017

It’s a year of records for the Dow, as the mega cap index hit 20,000, 21,000, and 22,000 for the first time in a six-month period, as the “Trump-Rally” seems to be favoring the largest companies. The broader benchmarks have been lagging the Dow recently, as the index closed at an all-time high for a…

Details

Record Highs and Summer Static | August 6, 2017

State of the Stock Market Analysis for the Week Ending August 6th, 2017 ( Record Highs and Summer Static 8-6-17) Bulls were pleased to see the Dow Jones Industrial Average hit another all-time high on Friday, but not having the Nasdaq and S&P 500 join the all-time-high party was a summer bummer. It was a solid…

Details

Interesting Week with All-Time Highs | July 16, 2017

State of the Stock Market Analysis for the Week Ending July 9th, 2017 (Topsy-Turvy Holiday Week for Wall Street 7-9-17) It was an interesting week to say the least. The Dow Jones Industrials, the S&P 500 and the Russell 2000 each hit all-time highs on Friday, and the Nasdaq came within striking distance of its record…

Details

Indecisive Week for Stock Market | July 1, 2017

State of the Stock Market Analysis for the Week Ending July 2nd, 2017 (Indecisive Week for Stock Market 7-2-17) Stocks closed out an indecisive week, well, indecisive. We saw a big bounce in banks and financials (BKX), but we also continue to see selling in some of the mega-cap tech names. These offsetting forces left the…

Details

Strange End to a Calm Week | June 11, 2017

State of the Stock Market Analysis for the Week Ending June 11th, 2017 (Strange End to a Calm Week 6-11-17) It was a strange week to say the least, and to make it all the more strange, was the “mega-tech” selloff midday Friday that drove the Nasdaq down 1.8%. All three of the major indices had hit new…

Details

Stock Market Unfazed Amid Political Drama | May 14th, 2017

State of the Stock Market Analysis for the Week Ending May 14th, 2017 (Stock Market Unfazed Amid Political Drama 5-14-17) What an interesting week it was on Wall Street, as political intrigue in Washington DC took the spotlight! The “firing” of FBI Chief James Comey was particularly interesting because it seems as though both the Democrats…

Details