Wall Street had a quiet and mixed week following the euphoric post-French-election surge, as the usually impactful Fed meeting and jobs report didn’t get traders very excited. The FOMC did not cause any major surprises this month, leaving the benchmark rate unchanged, while the robust employment numbers were was also largely in line with…
DetailsState of the Stock Market Analysis for the Week Ending May 7th, 2017 (All 3 Major Indices Close with a Win 5-7-17) Bulls were hoping for a strong Friday close, and while it was not a rip-roaring close, it did allow the major indices to close out the week with a much-needed win. All three of…
DetailsCars… Ever since Karl Benz invented the very first modern automobile, inventors, innovators, and mad scientists around the world have been trying to improve upon the original design. America has been a big reason for that – as we Americans have a taste for more… We want it bigger. We want it faster. We want…
DetailsThe aftermath of the French election saw a rush back into “risk-on” assets globally, as investors removed their hedges against the “doomsday-scenario” in Europe. The projected victory of Macron, the Centrist candidate, caused a huge sigh of relief, as the anti-EU forces seem to be losing. The rosy earnings reports of the week also gave…
DetailsState of the Stock Market Analysis for the Week Ending April 30th, 2017 (Bulls Let Down By GDP Number 4-30-17) Despite the blowout numbers from Amazon (AMZN) and Google/Alphabet (GOOG, GOOGL) that we saw Thursday after the closing bell, the stock market experienced a lackluster day to close out the week. It was a great week…
DetailsBack in 1981, when MTV first went live, their first video was by a band called The Buggles, appropriately titled “Video Killed The Radio Star”… I remember watching it – and I knew then that things would be way different from that point on. And they are… MTV doesn’t even play music…
DetailsThe major indices recovered well following the long Easter weekend, as Wall Street registered a surprisingly bullish week in the face of significant headwinds, led by small caps and the Nasdaq. Earnings reports, economic numbers, and political news were all mostly negative, although the previous week’s geopolitical tensions eased somewhat. That said, the close race…
DetailsState of the Stock Market Analysis for the Week Ending April 23rd, 2017 (Directionless Week Ends Somewhat Positives 4-23-17) This was a tough week for the stock market, as it never really found direction. Earnings disappointments have put a damper on what bulls thought would be a “green light” for the major indices to move back…
DetailsZombies?! Yes… zombies – the walking dead, the living dead, or whatever you call them – they’re taking over the world. Obviously, I don’t mean REAL zombies – I mean, if they WERE real, I don’t think I’d take the time to compose an email to inform all of my readers… No,…
DetailsA rather surprising activist turn in U.S. foreign policy stirred up Wall Street and global politics, in the past two weeks. The Syrian missile attacks were followed by significant moves against the North Korean regime, and heavy attacks against the positions of ISIS in Afghanistan. Safe-haven assets rocketed higher during the week, with both the…
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