Archive for category: Market Commentary

Another Difficult Start

Friends  It was another difficult start to a week, as stocks slumped early and continued to lose altitude throughout the trading session (except for a quick bounce at 2:00). Today’s Housing Market Index report showed considerable weakness as future sales are being hindered by rising mortgage rates. On Wednesday...

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More Weakness

Friends  Well, it was another volatile day for stocks and early gains turned into sizable losses, only to see the losses erased and so on…  Continued weakness in shares of Apple illustrates how the market leaders have been taken to the woodshed over the last 6 or 7 weeks....

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Stocks Give Back Recent Gains

Friends  Well, all the good work the bulls did early last week has all but been erased over the last few trading sessions, with today’s downturn being the most dramatic. You know the worries-rising interest rates, rising inflation, earnings and margins peaking, tariffs, China, political intrigue. Whatever the reason,...

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Stocks Roar After Election Results

Friends  It appears market participants are quite comfortable with gridlock. After yesterday’s election results produced the most likely and anticipated outcome, traders were in a buying mood this morning. The buying urge grew during the President’s press conference, and surged again after the announcement the AG Jeff Session was...

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Waiting On The Elections

Friends  Despite weakness in big names like Apple, Amazon, Facebook, and Google, stocks were able to hold on to early gains throughout the trading session. It feels like market participants are a little tentative as we head into tomorrow’s mid-term elections, but that is not unexpected. When we know...

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