Stocks continued to trade sideways before Friday’s session last week, as economic numbers were mixed and worries about the European banking system continued to weigh heavily on financials and the broader market. Despite these woes, the major indices finished the week on a very positive note, as the non-farm payrolls release beat expectations yet again…
DetailsState of the Stock Market Analysis for the Week Ending August 7th, 2016 (New Jobs Number Starts the Weekend Positively 8-7-16) The ADP private jobs number for July came in at 179,000 new jobs on Wednesday versus June’s 176,000, and that set a positive tone as we awaited the government’s numbers on Friday. The stock…
DetailsThe change in leadership continued on Wall Street last week, as the Nasdaq outperformed the other major indices, with the help of several better-than-expected earnings reports from prominent tech names. Facebook (FB), Alphabet (GOOG), and Apple (AAPL), probably the three most successful tech firms currently, all beat expectations, propelling the Nasdaq to a new all-time…
DetailsState of the Stock Market Analysis for the Week Ending July 31st, 2016 (July Ends on an Interesting Note 7-31-16) Stocks closed out July on a mixed and quiet note, but overall, the month had the bullish camp smiling widely. The week was fairly flat, but for the month, the major indices hit a home…
DetailsAlternative energy… The majority of experts, pundits and regular folk alike seem to agree that something has to change – they’ve been on us for years now about the necessity of finding safe and clean alternatives to today’s fossil fuels. The biggest hurdle? $$$. Dinero. Greenbacks. Moola. Dough. Money is the biggest problem alternative fuels…
DetailsStocks finished last week on a positive note, after a period of consolidation that followed the healthy rally of the previous three weeks. The slightly worrying signs that the Gorilla noticed last week only led to a minor correction, which is probably a good sign for bulls, as the majority of stocks still trade near…
DetailsState of the Stock Market Analysis for the Week Ending July 24rd, 2016 (Optimistic Outlook as Fed Reserve Meeting Brews 7-24-16) Stocks built on early gains on Friday enough to flirt with all-time highs, as the major indices finished at or near their highs of the day. Bulls are still hoping for a big, high-volume…
DetailsContrary to what you may think when reading the title of this article – I am not going to talk about political parties – though I doubt anyone would blame me if I did. No… I’m talking about real parties. Events. Gatherings… and how much I dislike them. And from what I get when I…
DetailsThe major U.S. indices have risen by 8%-10% in the three weeks since the bottom of the “Brexit-panic,” and the healthy bounce has now carried the majority of stocks to new all-time highs. Investors continued to focus on overseas topics, as the European and Japanese developments took center stage. Rumors surfaced in Japan about the…
DetailsState of the Stock Market Analysis for the Week Ending July 17th, 2016 (Week Ends On A Mixed, Yet Positive Note 7-17-16) We did set record highs for the Dow and the S&P 500 on Friday, but the stock market ran out of upside steam and finished the day flat and mixed, with the Dow higher…
Details