Slow Start to a Hopefully Strong Month | December 3, 2017

State of the Stock Market Analysis for the Week Ending on December 3, 2017 (Slow Start to a Hopefully Strong Months 12-3-17) It was a mixed week on Wall Street as we saw selling in big-cap tech and rotation into some of the sectors that have lagged throughout the year. We saw the stock market…

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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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Mixed Week Leaves Bulls Frustrated | November 18, 2017

State of the Stock Market Analysis for the Week Ending on November 18, 2017 (Mixed Week Leaves Bulls Frustrated 11-18-17) 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 all-time high…

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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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Strong Week for Tech Companies of All Ages | October 29, 2017

State of the Stock Market Analysis for the Week Ending on October 29, 2017 (Strong Week for Tech Companies 10-29-17) What a week it was for both new and old tech companies! Amazon (AMZN) posted strong earnings Thursday after the close, which set the stage for the Nasdaq’s 2.2% gain in Friday’s action that pushed…

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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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Mid-Month and Markets Continue Rising | October 15th, 2017

State of the Stock Market Analysis for the Week Ending on October 15, 2017 (Mid-Month and Markets Continue Rising 10-15-17) Amazingly enough, here we are in mid-October with the stock market edging ever higher. For the week, the Dow Jones Industrial Average rose 0.4%, while the Nasdaq and S&P 500 rose about 0.2% each. We…

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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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