Archive for category: Market Commentary

Stocks Uninspired

Friends  Stocks were quiet for much of the trading session as things were “relatively” calm on both the geopolitical front and also on the domestic front. Home Depot’s earnings were better than expected and they raised their outlook going forward, but the stock suffered anyway and was a major...

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The Down Day That Wasn’t

Friends Early on it appeared that stocks might succumb to all the geopolitical sabre rattling with regards to North Korea, but by the end of the trading day, the S&P once again showed very little change. The Dow’s decline was mainly accounted for by the drop in Disney shares...

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Stocks Gently Higher

Friends Well, more of the same. Stocks were very quiet today, but with a slightly positive temperament. As we have seen for weeks now, the S&P 500 barely moves, the Dow inches to new highs every day and the Nasdaq goes up one day and down the next. Global...

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Good Jobs Data

Friends The jobs number was better than expected with a hefty 209,000 new jobs created in July. The unemployment rate sits at 4.3%, while average hourly earnings ticked up .3% to a year over year gain of 2.5%. Remember, the Fed will be watching that average hourly earnings number...

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Another Quiet Session

Friends It was another quiet day for stocks and the results were somewhat mixed with a slightly negative bias. Tesla has good earnings but its strong showing still wasn’t enough to push the Nasdaq into positive territory. Consumer staples led by Clorox had a good day, but there weren’t...

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