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…
What’s the first thing that comes to your mind when you hear the name Alibaba? I’ll bet you dollars to donuts that if you were born before 1990 – “40 thieves” or “Open Sesame” was the first thing to come into your brain. You remember that old Arabian Nights tale about how…
The red flags that popped up in recent weeks led to a slight decline at the beginning of the week, but the market gathered encouraging strength later on. The major indices finished little changed after the pullback, and the Gorilla was glad to see the relative strength of the Nasdaq and small caps, which usually…
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…
Before we get into how you could be on the verge of an incredibly lucrative winter – we need to talk about something that may fill you with glee… or dread… The Holidays. There are two kinds of people in this world: those who are absolutely WILD about the holidays… And those…
Stocks had an unexpectedly busy week, despite the relatively empty economic calendar and the end of the crucial part of the earnings season. Geopolitics and the bond market provided negative catalysts, as the Middle East is in turmoil again, with a Saudi Arabian epicenter, while high-yield corporate bonds are signaling some trouble in the “goldilocks”…
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…
Have you ever wondered what makes a business successful? It’s one of the most fascinating things about the free market and capitalism… A company’s recipe for success. It all starts with an idea, right? That perfect idea that moves like-minded individuals in the same direction – driven by the same goal, to…
Wall Street experienced another unusually calm week at this time of the year after what proved to be one of the least volatile months ever for stocks. The light activity is especially surprising in light of the busy economic calendar, the ongoing earnings season, the revealed GOP tax plan, and the announcement of the next…
State of the Stock Market Analysis for the Week Ending on November 5, 2017 (Week Ends with All 3 Major Indices at All Time Highs 11-5-17) It was quite a week on Wall Street as all three of the major indices hit all-time highs against the backdrop of strong earnings and solid economic news. Apple…
