State of the Stock Market Analysis for the Week Ending on October 1, 2017 (Month Ends with a Very Impressive Week 10-1-17) While stocks closed out Friday with slight gains, it still capped a very impressive week. Software and device-maker Roku (ROKU) had a “red hot” IPO that doubled in two days, and that sort…
Fight Club… If you never got a chance to read the Chuck Palahniuk novel about how a man with a split personality can start a revolution through getting back to our basic instincts – you may have seen the wildly successful 1999 movie starring Brad Pitt and Edward Norton. This may be one…
The big Fed-Day has come and gone without a major effect on the ongoing trends in the stock market. While the Central Bank announced its plan to reduce its balance sheet starting in October, the benchmark rate remained unchanged. The major indices registered a mixed week as financials, and thus the S&P 500, slightly outperformed…
State of the Stock Market Analysis for the Week Ending September 17, 2017 (Amidst Global Unrest, Market Edges Toward All-Time Highs 9-17-17) Stocks may have closed flat and mixed on Friday, which was the overall theme of the week as well. For the week, the major indices closed out with the S&P 500 flat, the…
Who here’s a fan of the HBO hit show, Game of Thrones? Not that I watch a lot of TV – but if there’s a show that’s worth watching – this one may be at the top of the list. It may come off like a SciFi/fantasy show with its inclusion of dragons and…
The bulletproof vest of equities seems to still be working perfectly, as the major indices continue to defy all the negative economic releases and geopolitical worries that emerge. While for a weaker market, Friday’s dismal retail sales report or the earlier North Korean missile launch could have been enough to tank it, but this bull…
State of the Stock Market Analysis for the Week Ending September 17, 2017 (Amidst Global Unrest, Market Edges Toward All-Time Highs 9-17-17) Despite hurricane fallout, terror attacks, another North Korean missile launch, and general global nervousness, the stock market once again edged toward all-time highs this past week. It did so calmly and quietly with…
In South Florida, where GorillaTrades is headquartered, June 1st marks the first day when residents of the bottom half of the Sunshine State begin to collectively hold their breath for 5 months… As June 1st is the first official day of hurricane season. So far, we’ve had 11 named storms in 2017 with a few…
Wall Street endured multiple blows during the holiday-shortened week, as investors were spooked by renewed geopolitical tensions, an intense hurricane season, and central bank uncertainties. The major indices started out the week on a negative note after the hydrogen bomb test conducted by North Korea, which will likely have widespread consequences in the coming months.…
State of the Stock Market Analysis for the Week Ending September 10, 2017 (A Long Week On Wall Street 9-10-17) It was a long week on Wall Street as investors had to factor in three hurricanes. a big earthquake in Mexico, and a hacking breach at Equifax (EFX) that apparently released the personal data of…
