Stocks probably entered the next phase of the ongoing bull market last week, following a lengthy consolidation period. Traders cheered the historic 20,000 milestone in the Dow, as the first week with the new President saw a healthy rally on Wall Street. Donald Trump’s first few days were far from calm, with several controversial decisions…
DetailsState of the Stock Market Analysis for the Week Ending January 29th, 2017 (Week Ends On An Upward Climb 1-29-17) It took a little while, but the Dow Jones Industrial Average finally moved above 20,000 to close out the week at a new lofty level. Its new all-time high is 20,125, and it closed out the week…
DetailsOne of America’s favorite expressions is, “put your money where your mouth is.” It’s meant to create action. It’s a prompt that makes it so people can’t offer up empty promises. Recently – we’ve watched that expression play out over every news outlet in the country – and if the coming actions can meet…
DetailsWall Street had a very calm holiday-shortened week, as the major indices all drifted sideways following Martin Luther King Day. The Nasdaq continued to lead the market higher, as tech stocks finally regained their lost momentum in the last few weeks. As the scary British exit from the European Union was all the talk…
DetailsState of the Stock Market Analysis for the Week Ending January 22nd, 2017 (Low-Key Week With An All-Time High 1-22-17) The inauguration has come and gone, and the United States has a new President that vowed very strongly on Friday to change things drastically. The new President Trump said that he will work for the…
DetailsDo you ever think about hedging your bets? Of course you do… we all do. Nobody likes losing… And on Wall Street, while we’d all like to beat the house, it’s not an easy thing to do. It’s hard to stack the deck in your favor when something as unpredictable as a…
DetailsStocks 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…
DetailsState 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…
DetailsWell… 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.…
DetailsVolatility 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…
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