Slow Start to a Hopefully Strong Month | December 3, 2017

State 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…

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The Week Ahead Stock Market Update | November 27, 2017

The 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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Consumer Confidence High Heading Into the Holidays | November 26th 2017

State 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…

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Open Sesame: The Secret Word To Open Up Wall Street Profits!

  What’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…

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The Week Ahead Stock Market Update | November 20, 2017

The 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…

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Mixed Week Leaves Bulls Frustrated | November 18, 2017

State 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…

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The Week Ahead Stock Market Update | November 13, 2017

Stocks 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”…

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Flat and Mixed Close Denies 9-Week Streak | November 12th, 2017

State 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…

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