Wall Street had a very calm holiday-shortened week, as the major indices all drifted sideways following Martin Luther King Day. The Nasdaq continued to lead the market higher, as tech stocks finally regained their lost momentum in the last few weeks. As the scary British exit from the European Union was all the talk…
DetailsState of the Stock Market Analysis for the Week Ending January 22nd, 2017 (Low-Key Week With An All-Time High 1-22-17) The inauguration has come and gone, and the United States has a new President that vowed very strongly on Friday to change things drastically. The new President Trump said that he will work for the…
DetailsDo you ever think about hedging your bets? Of course you do… we all do. Nobody likes losing… And on Wall Street, while we’d all like to beat the house, it’s not an easy thing to do. It’s hard to stack the deck in your favor when something as unpredictable as a…
DetailsStocks settled down somewhat last week following the wild swings in the first few days of the year. The major indices traded in narrow ranges throughout the week, despite the heightened political uncertainty regarding the alleged Russian involvement in the U.S. Presidential campaign. Treasuries and the Dollar remained in the spotlight, as traders continued…
DetailsState of the Stock Market Analysis for the Week Ending January 15th, 2017 (Low-Key Week With An All-Time High 1-8-17) Quiet can sometimes be good when it comes to Wall Street. It was definitely a quiet week, and while the Dow failed to take out the 20,000 level, we did see the Nasdaq hit a…
DetailsWell… they actually went and did it. After 3 years of debate and heavy thought… they actually went and did it! Many people still think they shouldn’t have done it – that by keeping the status quo things would work out better for everybody… But they decided to do it anyway.…
DetailsVolatility returned in earnest to Wall Street following the quiet days of the holiday, as traders re-entered the market after taking a step back before Christmas. The past few years saw some painful losses during the first week of January, and some investors feared a similar start after the strong late-year rally in stocks. The…
DetailsState of the Stock Market Analysis for the Week Ending January 8th, 2017 (Investors Optimistic About New Year 1-8-17) Once again, it was close, but no 20,000 cigar for the Dow Jones Industrial Average as it got to within a third of a point of 20K before pulling back a bit at the close. The…
DetailsWell… we made it! If you’re reading this, you’re one of the lucky ones that made it through one of the most turbulent, weirdest and whackiest years on record, soooo – congratulations! We lost a ton of celebrities; we had domestic terrorism, the rise of Donald Trump, the Cubs winning the world series… It won’t…
DetailsQuiet trading continued in the last week of 2016, as trading volume was weak as usual during the holiday period. The major indices turned lower in thin trading, as international worries and political tension overshadowed the mostly positive economic numbers. The diplomatic bout with Russia weighed heavily on stocks and the dollar in the second…
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