State of the Stock Market Analysis for the Week Ending on December 10, 2017 (Calm Close to the Week Awaiting Santa Claus Rally 12-10-17) For all of the action on Wall Street this week, the overall market was fairly calm. The week ended with the Dow and the S&P hitting all-time highs and gaining about…
$73.5 billion. What if I told you there was a hidden and virtually untapped industry that would soon be worth almost $75 billion (and rising) – would you jump on that news? Would you look for an in to those massive-sized profits? Or would you shrug your shoulders and say, “Meh… I’ve seen bigger.” I…
Before Friday’s reveal regarding Michael Flynn’s plea agreement and testimony, stocks continued their juggernaut to new all-time highs, despite a slight weakness in the previously leading tech names. The spike in volatility and the sudden sell-off in equities didn’t cause major technical damage, but the rally that carried the Dow above 24,000 might face a…
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…
Holy. Cow. Or should I say “bull?” A year ago, if you had told me that the stock market was going to go on an unprecedented run of record high after record high – I’d have probably told you that you might want to lower your expectations. While I did expect this…
The bull market in equities continues without interruption, despite some previous warning signs, and the major indices are all at or near all-time highs again after the holiday-shortened week. Large-cap tech names are still at the forefront of the rally, with the Nasdaq leading the way higher. That said, the S&P 500 was the benchmark…
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…
