In the last two weeks, stocks settled back to trade in the same narrow range that they spent almost two months during the summer. Worries regarding the health of the European financial system made headlines once again, as Deutsche Bank (DB) continues to struggle, sparking fears of “global contagion.” The British pound “flash-crashed” on Thursday…
DetailsState of the Stock Market Analysis for the Week Ending October 9, 2016 (Feds’ Hands Tied with Negative October Start 10-9-16) We are in October, and we all know that October can be a tough month for the stock market. The Lehman-led meltdown from eight years ago remains on investors’ minds, and the recent problems…
DetailsMan… what a time to be in tech, huh? So many buyouts happening that it’s almost hard to keep track of which company is buying which! Blood is definitely in the water… And it’s only a matter of time till the circling sharks start moving in for the kill. For the savvy investor – now…
DetailsStocks experienced a mixed and ultimately slightly negative week, as the major indices traded without a clear direction, despite the encouraging underlying trend in the vast majority of the market. The election cycle entered its final stretch with the first Presidential debate on Monday. The positive reaction to Mrs. Clinton’s comfortable performance was the first…
DetailsState of the Stock Market Analysis for the Week Ending October 2, 2016 (Third Quarter Ends With a Surprising Victory 10-2-16) Who is afraid of the “Big Bad Wolf” was the question going into Friday’s session, and the global “wild card” on that issue was Germany’s largest bank, Deutsche Bank (DB). It had hit all-time…
Details$43.3 Billion is a LOT of cheddar… If I were to ask you what niche industry brings in $43.3 BILLION in sales every year, what would your guess be? Would you look at big ticket businesses like biotech, travel or natural gas? Or would you look for something smaller in the tech market – maybe…
DetailsStocks experienced a healthy rally towards the end of last week, after the uncertainty regarding the Federal Reserve cleared on Wednesday. Investors feared a “premature” rate hike by the Central Bank that could have sparked a deeper correction on Wall Street. The major indices climbed back to trade close to their all-time highs following the…
DetailsState of the Stock Market Analysis for the Week Ending September 25th, 2016 (Lowest PMI Levels Since June Raise Economic Concerns 9-25-16) Stocks may have closed out the week on a negative note, but it was a positive week nonetheless. There was some concern about the preliminary Purchasing Managers Index (PMI) coming in at 51.4…
DetailsTraders digested the steep losses of the previous Friday all week long, as the major indices stayed inside the range of the most volatile session since the Brexit-panic. The Nasdaq outperformed the other benchmarks as Apple (AAPL) led tech stocks higher, following a successful launch of the company’s latest flagship, the iPhone 7. Traders took…
DetailsState of the Stock Market Analysis for the Week Ending September 18th, 2016 (Rate Hike Seems Unlikely as Week Finishes on Low Note 9-18-16) It was a strange week for the stock market, and we closed out Friday to the downside. It was not all that bad of a week, though, and the hefty 12%…
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