Consumer Confidence High Heading Into the Holidays | November 26th 2017

State of the Stock Market Analysis for the Week Ending on November 26, 2017 (Consumer Confidence High Heading Into the Holidays 11-26-17) Following blowout earnings from Wal-Mart (WMT) and Cisco (CSCO) this past week, bulls were thinking that all-time highs for the major indices were in the cards for Friday’s action. The Nasdaq hit an…

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Flat and Mixed Close Denies 9-Week Streak | November 12th, 2017

State of the Stock Market Analysis for the Week Ending on November 12, 2017 (Flat and Mixed Close Denies 9-Week Streak 11-12-17) Bulls were hoping to keep the eight-week winning streak for the major indices in place, but the stock market was unable to hit the nine-week mark. We had a flat and mixed close…

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Record Highs 30 Years After Black Monday Crash | October 22nd, 2017

State of the Stock Market Analysis for the Week Ending on October 22, 2017 (Record Highs 30 Years After Black Monday Crash 10-22-17) What a difference 30 years makes! We had the 30-year anniversary of the Black Monday Crash of 1987, and amazingly enough, we had record highs in the major indices this week that…

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Month Ends with a Very Impressive Week | October 1, 2017

State of the Stock Market Analysis for the Week Ending on October 1, 2017 (Month Ends with a Very Impressive Week 10-1-17) While stocks closed out Friday with slight gains, it still capped a very impressive week. Software and device-maker Roku (ROKU) had a “red hot” IPO that doubled in two days, and that sort…

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Market Wanted an Upward Move, But Week Ends Flat | September 24, 2017

State of the Stock Market Analysis for the Week Ending September 17, 2017 (Amidst Global Unrest, Market Edges Toward All-Time Highs 9-17-17) Stocks may have closed flat and mixed on Friday, which was the overall theme of the week as well. For the week, the major indices closed out with the S&P 500 flat, the…

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Amidst Global Unrest, Market Edges Toward All-Time Highs | September 17th 2017

State of the Stock Market Analysis for the Week Ending September 17, 2017 (Amidst Global Unrest, Market Edges Toward All-Time Highs 9-17-17) Despite hurricane fallout, terror attacks, another North Korean missile launch, and general global nervousness, the stock market once again edged toward all-time highs this past week. It did so calmly and quietly with…

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Positive Start to Labor Day Weekend | September 3, 2017

State of the Stock Market Analysis for the Week Ending August 27th, 2017 (Global Economy Growth is Lackluster 8-27-17) A Happy Labor Day Weekend to all, and while volume was light, we closed out Friday positive. Bulls were hoping for new highs for the major indices to close out the week, but that was not to…

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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…

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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…

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