State of the Stock Market Analysis for the Week Ending on May 5th, 2018 Apple Helps Stock Market Close Out Week Fairly Strong 5-6-18) It is always fun to learn what Warren Buffett is buying. He apparently bought 75 million shares of Apple (AAPL) during the first quarter, and for a man that initially would…
Man, it seems like you can’t turn on the computer or TV now a days and NOT see a story about cryptocurrencies, and for good reason… They’ve created so much wealth over the last few years – that it’s almost impossible to ignore the possibilities. So it makes sense why so many people are talking…
April 30, 2018 Stocks finished virtually unchanged for the second week in a row, despite some significant swings in both directions, as the correction that started in February is still dominating Wall Street. There was no shortage of catalysts, as economic releases, earnings reports, geopolitical events, and central bank meetings all provided ammunition for traders,…
State of the Stock Market Analysis for the Week Ending on April 29, 2018 Good Finish to Politically Charged Week 4-29-18) It was an interesting week on Wall Street with good earnings and not so good earnings, but the stock market held up very well. For all of the worry about 3.0% interest rates for…
Trillionaire… Seeing the word in black and white – it looks fake. “Trillionaire.” Like it’s something out of a children’s book or some obscure mathematical text long forgotten. We’ve heard of millionaires and billionaires… But a trillionaire? No. It hasn’t happened and many experts have predicted that it would never happen. The problem with the…
April 23, 2018 The major U.S. indices had a two-faced week— until Wednesday— everything looked set for the recovery to continue, as price action was bullish, while technicals and the geopolitical backdrop were improving. The last two sessions of the week saw a sharp reversal on Wall Street, and the key benchmarks finished back where…
State of the Stock Market Analysis for the Week Ending on April 15, 2018 Tough Week for Stock Market as Reaction to Syria Strikes Loom 4-15-18) The stock market closed out the week with a thud on Friday, but overall, it was not a bad week. There are a lot of worries about the political…
There’s something comforting about leaning on an old friend… And I’m not talking about your buddy from high school you call when you need a friendly ear – I’m talking about those things in the market that seem to be there year after year when we need them. Tech companies come and go… New medications…
April 16, 2018 It was another very choppy and indecisive week on Wall Street, as despite the gains in the major indices, the technical picture is virtually unchanged, while the global geopolitical situation got even more complicated. The trade skirmish between the U.S. and China is still a looming risk for equities, while the escalating…
State of the Stock Market Analysis for the Week Ending on April 15, 2018 Tough Week for Stock Market as Reaction to Syria Strikes Loom 4-15-18) It was an interesting week on Wall Street as tension regarding Syria weighed on investor sentiment. We had some excellent earnings news from JP Morgan Chase (JPM) on Friday,…
