Stocks failed to maintain the momentum of the previous weeks, as the market-leading Nasdaq pulled back from its fresh all-time high after a bullish Monday. The other major indices also remained well below their respective record highs. In fact, all of the major benchmarks closed the week in the red, as small caps closely…
State of the Stock Market Analysis for the Week Ending on March 18, 2018 Tough Week for Stock Market But Bulls Are Optimistic 3-18-18) The stock market closed higher on Friday, but that did not hide the fact that it was a tough week. The Dow was down 1.5%, the Nasdaq was 1.0% lower, and…
Although last week started out on a very positive note, with a broad rally that carried the major indices up by almost 2% on Monday, what followed was nothing short of brutal. The Dow and the S&P 500 lost 6% in 3 days, and even though there was a significant bounce on Friday, a re-test…
State of the Stock Market Analysis for the Week Ending on March 11, 2018 Jobs Report Fires Up Friday’s Market 3-11-18) What a week it was on Wall Street! What fired up the stock market on Friday was an extremely strong jobs report. It showed that 313,000 new jobs were created in February, which topped…
Life is too short to spend time doing things that you don’t enjoy… I wish I had a dollar for every time I’ve heard a friend, acquaintance, or even a stranger say, “Man, I hate my job.” If I did, I’ll tell you, I’d have a lot of extra money laying around. …
Although last week started out on a very positive note, with a broad rally that carried the major indices up by almost 2% on Monday, what followed was nothing short of brutal. The Dow and the S&P 500 lost 6% in 3 days, and even though there was a significant bounce on Friday, a…
State of the Stock Market Analysis for the Week Ending on March 4, 2018 Challenging Week for Stock Market 3-4-18) After an early session selloff, the stock market managed to rally back for a mixed close on Friday. The Nasdaq and S&P 500 were positive for the day, but the Dow Jones Industrial Average finished lower…
NAFTA: The North American Free Trade Agreement – the business treaty that allowed tariff-free trade between Mexico, Canada, and the US is on the verge of becoming a memory after being enacted almost twenty-five years ago. One of the winning points for Trump’s Presidential campaign was bringing jobs back to America – and one…
Although the effects of the mini-crash that took place three weeks ago are still clearly in the air, the market is healing, and investors are slowly regaining confidence after the sudden spike lower. Volatility is well below the levels of the post-crash days, and the major indices recovered a large part of their losses, with…
State of the Stock Market Analysis for the Week Ending on February 25, 2018 Bullish Close to Week, Could Lead to Bullish Close to Month 2-25-18) Bulls were hoping for a Friday lift, but what we saw was a rocking rally that on Friday alone, pushed the Dow up by 1.4%, the Nasdaq up 1.7%,…
