State of the Stock Market Analysis for the Week Ending July 9th, 2016 (High Employment has Bulls Singing 7-10-16) Bulls were hoping for some good economic news and a catalyst to head higher, and we got it in the form of a blow-out employment number of 287,000 for June that handily topped expectations of 173,000 as…
Details2016. Regardless of which country the rest of the world population inhabits, many are focusing on what’s happening in the Good Ol’ USA and the race to see which character ends up ruling the White House… Or what’s come to be known as the most famous (or infamous) popularity contest on the planet. That’s right…
DetailsWall Street provided a week of promising price action for investors, despite a Monday that won’t go down in history as the most bullish day ever. The rest of the week, on the other hand, proved once again just how strong the U.S. stock market is right now. The major indices managed to climb back…
DetailsState of the Stock Market Analysis for the Week Ending July 3rd, 2016 (Markets Bounce Back and Look Past Brexit 7-3-16) What a week it was, as we saw the major indices bounce back from last Friday’s 600-point decline in the Dow and finish the week essentially back where we were before the Brexit vote.…
DetailsThanks, Britain… No, truly… THANK YOU! You’re probably wondering why I’m not panicking. Why I’m not running around like the rest of the “Chicken Littles” of the world – worried about the sky falling – well, I’ll tell you… Because by voting to exit the European Union – Britain has just given the world one…
DetailsUnprecedented volatility hit financial markets on Friday, as the electorate of the United Kingdom opted to exit the European Union on Thursday. The surprising decision sparked a historic decline in the British pound and, in turn, European stocks. Traders across the globe were shocked by the extent of the moves, and it brought back memories…
DetailsState of the Stock Market Analysis for the Week Ending June 26th, 2016 (Brexit Sends Global Markets Reeling 6-26-16) Just as we thought that the stock market was heading toward that proverbial “summer rally,” the British decided to exit the EU in a close vote that sent global markets reeling. It was far from a crash…
DetailsWhen it comes to news, most Americans only follow the stories that pertain to their lives, views and ideals. They shelter themselves in a cocoon of news sources that reinforce their ideas… Conservatives tout the truthfulness of Fox…. Liberals cling to the Rachel Maddows of MSNBC… But the problem in following this practice is simple:…
DetailsThe sharp decline of the previous Friday turned out to be more than just a one day wonder, as stocks continued lower throughout a nervous week. Central banks were out in full force, with three out of the four major monetary authorities (the Fed, the Bank of Japan, and the Bank of England) holding their…
DetailsState of the Stock Market Analysis for the Week Ending June 19th, 2016 (Bulls Disappointed By Friday Fade 6-19-16) Bulls had been hoping for a Friday rally that would build on Thursday’s gains, but that was not to be the case. Friday’s fade was not all that bad, but it did close out a tough…
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