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”…
DetailsState 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…
DetailsHave you ever wondered what makes a business successful? It’s one of the most fascinating things about the free market and capitalism… A company’s recipe for success. It all starts with an idea, right? That perfect idea that moves like-minded individuals in the same direction – driven by the same goal, to…
DetailsWall Street experienced another unusually calm week at this time of the year after what proved to be one of the least volatile months ever for stocks. The light activity is especially surprising in light of the busy economic calendar, the ongoing earnings season, the revealed GOP tax plan, and the announcement of the next…
DetailsState of the Stock Market Analysis for the Week Ending on November 5, 2017 (Week Ends with All 3 Major Indices at All Time Highs 11-5-17) It was quite a week on Wall Street as all three of the major indices hit all-time highs against the backdrop of strong earnings and solid economic news. Apple…
DetailsThis old adage has been used on Wall Street for years… “Like shooting fish (or ducks) in a barrel” has been used to describe those things that are easy or “sure things” – which makes the fact that it’s become part of the Street’s jargon laughable. Why? Because there’s no such thing…
DetailsWall Street had a mixed week after the recent march to all-time highs, as stocks turned slightly lower in the next round of the inner battle in the Republican Party before upbeat earnings reports saved the day. While not everything is rosy regarding 3rd quarter numbers, the most watched companies reported better-than-expected numbers, with the…
DetailsState of the Stock Market Analysis for the Week Ending on October 29, 2017 (Strong Week for Tech Companies 10-29-17) What a week it was for both new and old tech companies! Amazon (AMZN) posted strong earnings Thursday after the close, which set the stage for the Nasdaq’s 2.2% gain in Friday’s action that pushed…
DetailsDo you remember Blockbuster Video? My teen and young adult years were filled with seemingly nightly trips to our local Blockbuster Store to rent a few movies and grab a pizza or some burgers on our way back home. The people that worked at the store were more friends than the random accouterments that employees…
DetailsThe mighty bull market hit another historic mark last week, as the Dow crossed the 23,000 level for the first time, and never looked back. IBM’s sizable earnings beat helped the rally in the mega-cap index the most, but the positive surprise by Johnson & Johnson (JNJ) also boosted the benchmark. All of the major…
Details