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…

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Week of Thrills and Chills for Wall Street | July 30, 2017

State of the Stock Market Analysis for the Week Ending July 30th, 2017 ( Week of Thrills and Chills for Wall Street 7-30-17) It was a very interesting week on Wall Street that had enough thrills and chills for everyone. The week closed with a thud, though, as the invincible Amazon (AMZN) had a 2.5% decline…

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Solid Week for Market Despite Mixed Earnings News | July 23, 2017

State of the Stock Market Analysis for the Week Ending July 23rd, 2017 (Solid Week for Market Despite Mixed Earnings News 7-23-17) We may have closed slightly lower on Friday, but it was a solid week for the broader stock market just the same. Earnings season is coming in well, but it is coming in mixed. Bulls…

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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…

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Topsy-Turvy Holiday Week for Wall Street | July 9, 2017

State of the Stock Market Analysis for the Week Ending July 9th, 2017 (Topsy-Turvy Holiday Week for Wall Street 7-9-17) With the Fourth of July falling on Tuesday this year, it was a light-volume, topsy-turvy week that saw a Thursday sell-off and a nice Friday rally. The major indices bounced back from that Thursday sell-off, and…

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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…

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The Market Reacts to Amazon’s New Purchase | July 18, 2017

State of the Stock Market Analysis for the Week Ending June 18th, 2017 (The Market Reacts to Amazon’s New Purchase 6-18-17) Whole Foods Market (WFM) is a healthy place to eat, and although kind of pricey for consumers of that delicious and great food, the company has recently caught the eye of Amazon’s (AMZN) Jeff Bezos. Jeff…

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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…

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