Friends It was another wild day for stocks, one which for a time looked like we were about to have the ultimate buying climax. Things did settle down a bit in the afternoon portion of the trading session as stocks came off earlier highs. More good economic news and...
Friends Well, we had another crazy day in trading, and that’s not even including Bitcoin. As the banks and retailers, not named Amazon, saw their shares advance nicely; NASDAQ, led by the momentum guys (Amazon, Apple, Google, Facebook etc.) tumbled mightily. Some attributed the action to rotation, some to...
Friends Stocks had a wild ride today as positive economic data and hopes of a Senate tax bill sent shares higher in early trading. But word of a North Korean missile test sent stocks southward giving up much of the earlier gains. After remembering that flying missiles are good...
Friends It appears traders had a tryptophan hangover as we began the new trading week. Stocks had very little direction, and market participants seemed to have very little interest. We now head into the teeth of the holiday season which often is good for stocks, but this year has...
Friends It was a painfully quiet day of trading. Other than reports/rumors that Apple’s iPhone X is not selling as well as expected (always take Apple rumors with a grain of salt, they are usually wrong), there was not much of consequence to discuss. Energy shares are trying to...
Friends We always like to take this opportunity during the Thanksgiving holiday to thank all of you for entrusting us with your financial future. As you know we take that responsibility very seriously, and we really do strive to provide the best service in the industry. As for today’s...
Friends Stocks had a nice day with the market averages challenging new all-time highs, led by the big boys -Amazon, Apple, Google and Facebook. After the initial early morning surge, traders seemed to disappear and stocks just floated along a rather flat line. For the day, the Dow Jones...
Friends It was a quiet day of trading in what should be a quiet week of trading. Markets are closed Thursday for Thanksgiving Day and then Friday is only a half day of trading. The only reason they open the market for a half day of trading on Friday...
Friends Despite retailers enjoying a better week than one might have expected, stocks in general experienced another less than stellar trading session. Stocks were down from the open and basically went sideways the rest of the day. As mentioned, shares of many retailers have had a nice bounce this...
Friends We had a bit of a reversal today as stocks opened to the upside, continued to push higher, then finally ran out of gas in the last hour of trading. Good earnings reports from Walmart and Cisco helped fuel the advance at the open, then the House passing...
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