Stocks settled down somewhat last week following the wild swings in the first few days of the year. The major indices traded in narrow ranges throughout the week, despite the heightened political uncertainty regarding the alleged Russian involvement in the U.S. Presidential campaign. Treasuries and the Dollar remained in the spotlight, as traders continued…
State of the Stock Market Analysis for the Week Ending January 15th, 2017 (Low-Key Week With An All-Time High 1-8-17) Quiet can sometimes be good when it comes to Wall Street. It was definitely a quiet week, and while the Dow failed to take out the 20,000 level, we did see the Nasdaq hit a…
Well… they actually went and did it. After 3 years of debate and heavy thought… they actually went and did it! Many people still think they shouldn’t have done it – that by keeping the status quo things would work out better for everybody… But they decided to do it anyway.…
Volatility returned in earnest to Wall Street following the quiet days of the holiday, as traders re-entered the market after taking a step back before Christmas. The past few years saw some painful losses during the first week of January, and some investors feared a similar start after the strong late-year rally in stocks. The…
State of the Stock Market Analysis for the Week Ending January 8th, 2017 (Investors Optimistic About New Year 1-8-17) Once again, it was close, but no 20,000 cigar for the Dow Jones Industrial Average as it got to within a third of a point of 20K before pulling back a bit at the close. The…
Well… we made it! If you’re reading this, you’re one of the lucky ones that made it through one of the most turbulent, weirdest and whackiest years on record, soooo – congratulations! We lost a ton of celebrities; we had domestic terrorism, the rise of Donald Trump, the Cubs winning the world series… It won’t…
Quiet trading continued in the last week of 2016, as trading volume was weak as usual during the holiday period. The major indices turned lower in thin trading, as international worries and political tension overshadowed the mostly positive economic numbers. The diplomatic bout with Russia weighed heavily on stocks and the dollar in the second…
Goodbye, 2016… It’s about to be a new year, we’re about to have a new president, and Wall Street is all abuzz as the planets seem to be aligning for a prosperous 2017. There were some developments this past year that could bode very well for investors over the next 12 months (at least)…
The big day came last week, as the Federal Reserve finally raised its benchmark interest rate to a, still historically low, 0.5%. The tightening move was the first one since last December, but now it seems it won’t be another “orphan” hike, and rates will continue to normalize in the coming year. Despite the expected…
State of the Stock Market Analysis for the Week Ending December 25th, 2016 (Major Indices Continue to Climb for the Holidays 12-25-16) It was a long year for investors, but we closed out Friday with the three major indices slightly higher as we head toward the last week of trading. Bulls are still optimistic that…
