New all-time highs in the major indices and record low levels in the Volatility Index (VIX)… It might sound like a broken record, but one that is music to the ears of bulls, as despite the political troubles, persistent geopolitical fears, the last rate hike of Fed Chair Janet Yellen, and the mixed economic numbers,…
DetailsState of the Stock Market Analysis for the Week Ending on December 17, 2017 (Major Indices Bounce on Tax Reform Optimism 12-17-17) It was a great day for the stock market on Friday, as we saw the major indices bounce on tax reform optimism and head to all-time highs. It is the first big piece…
DetailsThere is a war that has been raging for the past 40 years… And like all wars it didn’t start with a major battle, it started with an insult. The Little Guy on the block had the audacity to think that he could someday compete with the established head honcho, The Big…
DetailsThe end of one of the best years for stocks in recent memory is rapidly approaching, and despite a brief risk-off period last week, the stage looks to be set for a Santa Claus rally to wrap up an already stellar 2017. The Gorilla paid close attention to the recent performance of the Nasdaq. The…
DetailsState of the Stock Market Analysis for the Week Ending on December 10, 2017 (Calm Close to the Week Awaiting Santa Claus Rally 12-10-17) For all of the action on Wall Street this week, the overall market was fairly calm. The week ended with the Dow and the S&P hitting all-time highs and gaining about…
Details$73.5 billion. What if I told you there was a hidden and virtually untapped industry that would soon be worth almost $75 billion (and rising) – would you jump on that news? Would you look for an in to those massive-sized profits? Or would you shrug your shoulders and say, “Meh… I’ve seen bigger.” I…
DetailsBefore Friday’s reveal regarding Michael Flynn’s plea agreement and testimony, stocks continued their juggernaut to new all-time highs, despite a slight weakness in the previously leading tech names. The spike in volatility and the sudden sell-off in equities didn’t cause major technical damage, but the rally that carried the Dow above 24,000 might face a…
DetailsState of the Stock Market Analysis for the Week Ending on December 3, 2017 (Slow Start to a Hopefully Strong Months 12-3-17) It was a mixed week on Wall Street as we saw selling in big-cap tech and rotation into some of the sectors that have lagged throughout the year. We saw the stock market…
DetailsHoly. 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…
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