The global financial elite gathered again in the picturesque city of Davos last week, and the hottest topics de jour were all on the agenda of the forum, such as interest rates and quantitative easing, protectionism, Brexit, and Bitcoin. Thanks to the busy event, volatility returned to the life of traders, even as the government…
State of the Stock Market Analysis for the Week Ending on January 21, 2018 Positive Week for Stock Market Despite Government Shutdown 1-21-18) Despite a disappointing fourth-quarter GDP number, the stock market remained in overdrive on Friday, as all three of the major indices moved to all-time highs. Estimates for the fourth quarter GDP were…
Renewable energy… For decades, we have been trying to find a way to really reduce our carbon footprint through the eventual phasing out of the fossil fuels that have been running our planet for centuries. The reasoning behind the push is simple: renewable energy sources such as wind, hydro, or solar – have…
The holiday-shortened week started off in a very positive fashion on Wall Street, as stocks skyrocketed to new all-time highs on Tuesday. However, for a lot of stocks, that initial surge marked their weekly highs as well. While the bull run, which already took the major indices past several yearly targets in less than a…
State of the Stock Market Analysis for the Week Ending on January 21, 2018 Positive Week for Stock Market Despite Government Shutdown 1-21-18) So we head into the weekend with a government shutdown, which was not a surprising development. Why the stock market was unfazed all week long is actually a positive sign. It was…
The Christmas season is a time for giving. It’s a time when people tend to be a little more selfless and less selfish – something we just witnessed with one of the greatest gifts of the 2017 holidays… The Republican Tax Plan. You know something is good when, finally, both sides of the aisle can…
The second week of the year proved to be as, or even more bullish than the first one for stocks, despite the sideways price action in the market up until Wednesday. The last two sessions of the period gave bulls a huge confidence boost, as all of the major indices surged to new all-time highs…
State of the Stock Market Analysis for the Week Ending on January 14, 2017 (January Effect in Full Bloom, Major Indices Close Week Out High 1-14-18) Through the latter part of 2017, bulls enjoyed the Thanksgiving Rally and the Santa Claus Rally, and after so much upside, it seemed that the “January Effect” might fall…
“Are you ready to make a million dollars? How about a billion? Or better yet… How about a BAZIILLIONTRILLION?!” If you were to read any of the Bitcoin ads on your favorite financial news site – this is what you’d be lead to believe is possible in the world of cryptocurrencies. Now,…
Despite the bearish downward drift that dominated the stock market in the last week of the year, this week was nothing short of stellar for investors, as the major indices rose in all sessions. The Nasdaq gained around 4%, after lagging the other benchmarks for several weeks. The Dow also advanced significantly, topping 25,000 for…
