State 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…
DetailsState of the Stock Market Analysis for the Week Ending on July 15th, 2018 Nasdaq Hits All-Time High Again, Earnings Season Underway 7-15-18) Bulls were thrilled on Friday to see the Nasdaq hit another all-time high. The major indices are looking good, but it was a definite positive to see the broader market slightly higher…
DetailsElon Musk is an amazing innovator… One of the internet’s most famous billionaires, Elon Musk may have made himself as one of the founders of PayPal (PYPL)– but it’s what he’s done after selling the dotcom giant that has made him one of the world’s most recognizable names. Tesla cars, SpaceX, the LA underground…
DetailsJuly 9, 2018 The major indices finished last week in a very bullish fashion, as Wall Street saw a broad rally, despite the very low trading volume around Independence Day. Although the divergences that have been apparent for several weeks are still present, the correction that was triggered by emerging market worries and trade…
DetailsState of the Stock Market Analysis for the Week Ending on July 8th, 2018 Bulls Close Out Week With A Win 7-8-18) Bulls closed out Friday with a solid win, which followed a strong jobs report that showed 213,000 new jobs. Economists were looking for 200,000 new non-farm jobs, and while the 213,000 for June…
DetailsOver the past 30 years, has there been a bigger producer of wealth than technology? The answer: yes – there has been. Fueling our world is more important than the luxuries that are within our world… But besides the creation of energy – nothing has created more wealth than technology. …
DetailsJuly 2, 2018 The past few weeks were all about the divergences between the major indices, but last week, the tide turned, and the previously leading Nasdaq spiked lower together with the small-cap segment. The Chinese yuan’s plunge, which was the trigger of several corrections in recent years, sparked a flight to safety trend,…
DetailsState of the Stock Market Analysis for the Week Ending on July 1st, 2018 Month Ends on Positive Note, After Up and Down Week 7-1-18) Friday was an interesting day on Wall Street in that the major indices closed positive, but it capped off a down week. For the week, the Dow and S&P 500…
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