Stocks had a very busy week, as the earnings season heated up, the Federal Reserve held its monetary meeting, and the leaders of the Nasdaq scared traders with another “flash crash.” With more than $3 trillion of market capitalization erased during the week the increased volatility is understandable. The released numbers were mixed, with AT&T…
DetailsState of the Stock Market Analysis for the Week Ending July 30th, 2017 ( Week of Thrills and Chills for Wall Street 7-30-17) It was a very interesting week on Wall Street that had enough thrills and chills for everyone. The week closed with a thud, though, as the invincible Amazon (AMZN) had a 2.5% decline…
DetailsIf you’re picturing Munchkins, flying monkeys and an introductory song from the Lollipop Guild… good, that’s what I wanted you to picture. And while there may actually be cowardly felines and heartless metal men in our reality – magic is a little harder to come by. No fairy godmothers or wicked witches to…
DetailsBulls have to be delighted with how this summer is playing out so far, as the stock market emerged from another scary-looking correction in the face of the negative seasonality. While it seemed that the “sell in May and go away” rule would apply this year, the major indices have defied gravity and have continued…
DetailsState of the Stock Market Analysis for the Week Ending July 23rd, 2017 (Solid Week for Market Despite Mixed Earnings News 7-23-17) We may have closed slightly lower on Friday, but it was a solid week for the broader stock market just the same. Earnings season is coming in well, but it is coming in mixed. Bulls…
DetailsAre the markets in for a BIG rally? I know that sounds weird with the markets humming like they have been since last November – but don’t just take it from me, if you believe some of the Wall Street whisperers – we could be looking at a HUGE second half of the year. This…
DetailsJanet Yellen and the Federal Reserve are back as the center of attention in the summer heat, as investors are trying to decide whether or not the monetary tightening cycle is for real. While Mario Draghi gave a huge boost to yields globally just three weeks ago, Mrs. Yellen and economic trends pushed the market…
DetailsState of the Stock Market Analysis for the Week Ending July 9th, 2017 (Topsy-Turvy Holiday Week for Wall Street 7-9-17) It was an interesting week to say the least. The Dow Jones Industrials, the S&P 500 and the Russell 2000 each hit all-time highs on Friday, and the Nasdaq came within striking distance of its record…
DetailsWhen you were a kid, what did you think the future would look like? For me, I can remember the future I would dream about always seemed to involve flying cars, time travel, and hover boards. Well, we may not have any of those things now, but that doesn’t mean the future isn’t…
DetailsThe major indices had a shaky Independence Day week following a volatile period, as the Nasdaq and the tech giants remained the center of attention. Before the week’s most awaited release, the government jobs report, the sentiment leaned on the bearish side. However, the mixed labor market numbers cleared the way for a healthy bounce…
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