State of the Stock Market Analysis for the Week Ending July 9th, 2017 (Topsy-Turvy Holiday Week for Wall Street 7-9-17) With the Fourth of July falling on Tuesday this year, it was a light-volume, topsy-turvy week that saw a Thursday sell-off and a nice Friday rally. The major indices bounced back from that Thursday sell-off, and…
DetailsRemember that old commercial for E.F. Hutton? They had a tag line that was unmistakable. In fact, that tag line still lives on to this day, though, it’s used more as a joke than an actual commercial. Do you remember it? If not, I’ll remind you. Ready? “When E.F. Hutton talks, people…
DetailsThe leading central bankers of the world caused a typical green-bar-red-bar madness in stock markets last week, as the European Central Bank, especially, delivered confusing messages at the monetary summit in Portugal. The Euro experienced a huge rally, as investors deciphered the speeches of Mario Draghi and his colleagues as a step towards monetary tightening,…
DetailsState of the Stock Market Analysis for the Week Ending July 2nd, 2017 (Indecisive Week for Stock Market 7-2-17) Stocks closed out an indecisive week, well, indecisive. We saw a big bounce in banks and financials (BKX), but we also continue to see selling in some of the mega-cap tech names. These offsetting forces left the…
DetailsHoly Cow! I can’t believe I missed it!! Every year I look forward to this event, but I was so busy when it happened – I totally forgot about it… Lucky for me, the internet is a wondrous thing. It’s like a time warp when you need it – which is why…
DetailsThe summer lull officially arrived on Wall Street last week. Trading volume was very low and volatility declined even more, as the post-Fed turmoil cooled down. Two political developments caused some woes during the week, namely the President’s tweet concerning North Korea, and the ultimatum given to Qatar by Saudi Arabia and its allies. The…
DetailsState of the Stock Market Analysis for the Week Ending June 25th, 2017 (The Market Reacts to Amazon’s New Purchase 6-25-17) Bulls were hoping for a strong finish to a long week, but we ended up flat and mixed on Friday. It was a big plus to see the Nasdaq rise by nearly 0.5% on Friday to…
DetailsWhat are the two words every investor wants to hear? Many of you may think that word is “price surge” or “positive growth” or even “price spike” – but that wouldn’t be the word that gets investors excited. Don’t get me wrong – if you’ve already secured a position in a stock and…
DetailsIt took only a few hours for the price action to change dramatically on Wall Street, as the previously leading tech giants turned sharply lower in another “flash-crash-like” move that left investors wondering about the fragility of the market. The Nasdaq had a volatile week after the strong move, while the Dow and the S&P…
DetailsState of the Stock Market Analysis for the Week Ending June 18th, 2017 (The Market Reacts to Amazon’s New Purchase 6-18-17) Whole Foods Market (WFM) is a healthy place to eat, and although kind of pricey for consumers of that delicious and great food, the company has recently caught the eye of Amazon’s (AMZN) Jeff Bezos. Jeff…
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