Holy. Cow. Or should I say “bull?” A year ago, if you had told me that the stock market was going to go on an unprecedented run of record high after record high – I’d have probably told you that you might want to lower your expectations. While I did expect this…
DetailsThe bull market in equities continues without interruption, despite some previous warning signs, and the major indices are all at or near all-time highs again after the holiday-shortened week. Large-cap tech names are still at the forefront of the rally, with the Nasdaq leading the way higher. That said, the S&P 500 was the benchmark…
DetailsState of the Stock Market Analysis for the Week Ending on November 26, 2017 (Consumer Confidence High Heading Into the Holidays 11-26-17) Following blowout earnings from Wal-Mart (WMT) and Cisco (CSCO) this past week, bulls were thinking that all-time highs for the major indices were in the cards for Friday’s action. The Nasdaq hit an…
DetailsWhat’s the first thing that comes to your mind when you hear the name Alibaba? I’ll bet you dollars to donuts that if you were born before 1990 – “40 thieves” or “Open Sesame” was the first thing to come into your brain. You remember that old Arabian Nights tale about how…
DetailsThe red flags that popped up in recent weeks led to a slight decline at the beginning of the week, but the market gathered encouraging strength later on. The major indices finished little changed after the pullback, and the Gorilla was glad to see the relative strength of the Nasdaq and small caps, which usually…
DetailsState of the Stock Market Analysis for the Week Ending on November 18, 2017 (Mixed Week Leaves Bulls Frustrated 11-18-17) Following blowout earnings from Wal-Mart (WMT) and Cisco (CSCO) this past week, bulls were thinking that all-time highs for the major indices were in the cards for Friday’s action. The Nasdaq hit an all-time high…
DetailsBefore we get into how you could be on the verge of an incredibly lucrative winter – we need to talk about something that may fill you with glee… or dread… The Holidays. There are two kinds of people in this world: those who are absolutely WILD about the holidays… And those…
DetailsStocks had an unexpectedly busy week, despite the relatively empty economic calendar and the end of the crucial part of the earnings season. Geopolitics and the bond market provided negative catalysts, as the Middle East is in turmoil again, with a Saudi Arabian epicenter, while high-yield corporate bonds are signaling some trouble in the “goldilocks”…
DetailsState of the Stock Market Analysis for the Week Ending on November 12, 2017 (Flat and Mixed Close Denies 9-Week Streak 11-12-17) Bulls were hoping to keep the eight-week winning streak for the major indices in place, but the stock market was unable to hit the nine-week mark. We had a flat and mixed close…
DetailsHave you ever wondered what makes a business successful? It’s one of the most fascinating things about the free market and capitalism… A company’s recipe for success. It all starts with an idea, right? That perfect idea that moves like-minded individuals in the same direction – driven by the same goal, to…
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