The post-Jobs Friday vacation week turned out much more volatile than anyone expected, as the lingering risk that the North Korean nuclear program posed intensified. Tensions rose after a series of reports, which point to some much-feared upgrades in the country’s missile force. The “under the hood” weakness that the Gorilla noted in the stock…
DetailsState of the Stock Market Analysis for the Week Ending August 13th, 2017 ( Week Ends Down, But Not As Low As Expected 8-13-17) It was an interesting week on Wall Street, to say the least. War worries were in the picture, and that is generally not a bullish backdrop for the stock market. The week…
DetailsThere’s no denying the impact that Steve Jobs had on Apple (AAPL), in fact… One could argue that Steve Jobs may be the most influential man of the digital age. Almost everything we now see as “essential” to 21st Century living can be attributed to his ingenuity, drive and scope of vision… …
DetailsIt’s a year of records for the Dow, as the mega cap index hit 20,000, 21,000, and 22,000 for the first time in a six-month period, as the “Trump-Rally” seems to be favoring the largest companies. The broader benchmarks have been lagging the Dow recently, as the index closed at an all-time high for a…
DetailsState of the Stock Market Analysis for the Week Ending August 6th, 2017 ( Record Highs and Summer Static 8-6-17) Bulls were pleased to see the Dow Jones Industrial Average hit another all-time high on Friday, but not having the Nasdaq and S&P 500 join the all-time-high party was a summer bummer. It was a solid…
DetailsIs it time to FINALLY celebrate? Can we all release a collective sigh of relief? If what the markets are telling us is true – then we may all be able to rest a lot easier for a while… The recession finally seems to be over. I knew when Trump was…
DetailsStocks 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…
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