The Week Ahead Stock Market Update | July 10, 2017

The major indices had a shaky Independence Day week following a volatile period, as the Nasdaq and the tech giants remained the center of attention. Before the week’s most awaited release, the government jobs report, the sentiment leaned on the bearish side. However, the mixed labor market numbers cleared the way for a healthy bounce…

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Topsy-Turvy Holiday Week for Wall Street | July 9, 2017

State of the Stock Market Analysis for the Week Ending July 9th, 2017 (Topsy-Turvy Holiday Week for Wall Street 7-9-17) With the Fourth of July falling on Tuesday this year, it was a light-volume, topsy-turvy week that saw a Thursday sell-off and a nice Friday rally. The major indices bounced back from that Thursday sell-off, and…

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The Oracle Making Moves | From the Mind of the Gorilla

Remember that old commercial for E.F. Hutton?   They had a tag line that was unmistakable. In fact, that tag line still lives on to this day, though, it’s used more as a joke than an actual commercial.   Do you remember it? If not, I’ll remind you. Ready?   “When E.F. Hutton talks, people…

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The Week Ahead Stock Market Update | July 3, 2017

The leading central bankers of the world caused a typical green-bar-red-bar madness in stock markets last week, as the European Central Bank, especially, delivered confusing messages at the monetary summit in Portugal. The Euro experienced a huge rally, as investors deciphered the speeches of Mario Draghi and his colleagues as a step towards monetary tightening,…

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Indecisive Week for Stock Market | July 1, 2017

State of the Stock Market Analysis for the Week Ending July 2nd, 2017 (Indecisive Week for Stock Market 7-2-17) Stocks closed out an indecisive week, well, indecisive. We saw a big bounce in banks and financials (BKX), but we also continue to see selling in some of the mega-cap tech names. These offsetting forces left the…

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The Richest Man In The World | From the Mind of the Gorilla

Holy Cow!   I can’t believe I missed it!!   Every year I look forward to this event, but I was so busy when it happened – I totally forgot about it…   Lucky for me, the internet is a wondrous thing. It’s like a time warp when you need it – which is why…

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The Week Ahead Stock Market Update | June 26, 2017

The summer lull officially arrived on Wall Street last week. Trading volume was very low and volatility declined even more, as the post-Fed turmoil cooled down. Two political developments caused some woes during the week, namely the President’s tweet concerning North Korea, and the ultimatum given to Qatar by Saudi Arabia and its allies. The…

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The Week Ahead Stock Market Update | June 19, 2017

It took only a few hours for the price action to change dramatically on Wall Street, as the previously leading tech giants turned sharply lower in another “flash-crash-like” move that left investors wondering about the fragility of the market. The Nasdaq had a volatile week after the strong move, while the Dow and the S&P…

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