Friends Stocks suffered losses once again today as the month comes to a close. Both the S&P and the Dow Jones Industrial Average were able to stay on the positive side of the ledger for January, but in the end the gains were modest. Once again, earnings season is...
Friends Stocks suffered their worst trading session of the year so far. Was the reason the political theater that we were subject to over the weekend? Will the President get back to focusing on tax reform and economic growth? Perhaps, but one could add to that anxiety over the...
Friends Earnings from giants Starbucks, Intel, Microsoft and Alphabet (Google) came out after the bell yesterday, and the results were mixed. That pretty much describes the whole day in terms of stock trading – mixed. There never was any real direction for stocks which basically drifted slightly in negative...
Friends After all of yesterday’s hoopla over the Dow crossing the 20,000 level, it appeared today that traders were suffering from a bit of a hangover. Stocks had a slight bias to the upside, but volatility was muted as the market averages drifted aimlessly for most of the trading...
Friends Ok, we finally have that behind us. After much ado, we finally got a close above 20,000 for the Dow Jones Industrial Average. What traders were expecting about a month ago, finally came to fruition today. A solid earnings report sent Boeing shares soaring (see what I did...
Friends While President Trump was signing an executive order to allow the go ahead for the Dakota and Keystone pipelines, stocks finally woke up and began to rally. We had earnings from five different Dow components this morning (with mixed at best results), but that didn’t put a damper...
Friends We are trying- we really are. We’re trying to focus on anything but politics, but with non-stop coverage of the new President, it is almost impossible to focus on anything else. We have never seen anything like this, and markets seem to be mesmerized at the moment. Stocks,...
Friends Market participants appeared to be distracted by the inauguration proceedings as stocks, after an early lift, basically just drifted aimlessly for the balance of the trading session. We did get a second little lift at the close, so stocks ended with nice gains. Earnings are hitting the wires...
Friends Traders continue to have a case of the jitters as we approach the Presidential Inauguration. Dow 20,000 talk has all but dissipated as the industrial average continues to slip further and further away from that historic but somewhat meaningless level. The simple fact is that since the three...
Friends As we get closer to Friday’s inauguration, traders seem to be getting a bit more jittery. The expectations/hopes of a vigorous new spending and tax reduction agenda is becoming a bit more cloudy as the realization that Congress has to make all this happen is quickly becoming a...
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