August 6, 2018 While it’s hard to identify a clear trend looking at the price action of the last couple of weeks, the outcome of the “green-bar-red-bar” madness has to be encouraging for bulls. Despite the choppy environment, which is normal for an earnings season, and the divergences that the Gorilla pointed out several…
DetailsState of the Stock Market Analysis for the Week Ending on August 5th, 2018 Apple’s Historic Milestone Leaves Investors Optimistic 8-5-18) The big news of the week was Apple (AAPL) crossing the trillion dollar mark, and that had investors in a good mood. The company may be worth a lot, but oddly enough, it still…
DetailsAre you freaking out? There are people out there that are having conniption fits over what happened with one of the world’s most famous (or infamous) stocks – Facebook (FB). In ONE day of trading, Facebook lost $120 billion in value… That. Is. Crazy. And people are freaking out. Now, I totally understand why;…
DetailsJuly 30, 2018 The major indices had a mixed week, although bulls were glad to see the Dow and the S&P 500 finally fully recover from the February mini-crash. The Nasdaq and small caps lagged behind for the second week in a row. The major indices had a mixed week, as although bulls…
DetailsState of the Stock Market Analysis for the Week Ending on July 29th, 2018 Facebook, Intel and even Twitter Added to Rough Week on Wall Street 7-29-18) It was a rough week on Wall Street as the likes of Facebook (FB), Intel (INTC) and even Twitter (TWTR) weighed on earnings numbers and market sentiment. The…
DetailsPeople love acronyms. NASA, CDC, AARP or any of the other new ones the kids are using in their text messages nowadays. But finance has their fair share of acronyms too… NYSE, NASDAQ, S&P – we all know these guys because of how much money they’ve made investors over the…
DetailsJuly 23, 2018 While the headlines were all about the President’s controversial Helsinki meeting with Putin last week, investors were more focused on Fed Chair Jerome Powell’s slightly hawkish testimony and corporate earnings. The major indices had a quiet summer week as far as price action is concerned, although there was considerable excitement on…
DetailsState of the Stock Market Analysis for the Week Ending on July 22nd, 2018 Nasdaq Hits All-Time High Again, Earnings Season Underway 7-22-18) The week, the Dow was up 0.2%, the S&P 500 was up about 0.1%, and the Nasdaq was essentially flat. It was a good week in that stocks did not decline, despite…
DetailsLet’s talk about something that seems to be an uncomfortable subject among many investors – but is steadily becoming one of the most promising markets to come around in decades… Marijuana. Now, I understand we’ve talked about “pot stocks” before – however, we’ve only really touched on how big the profits…
DetailsJuly 16, 2018 Bulls scored another victory last week, despite a mid-week dip, as the major indices finished firmly in the green amid the re-surfacing trade war fears. Trading volume is consistent with the usual summer lull, but in spite of the reduced activity, a clearly positive trend dominated Wall Street for the second…
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