Our Cares Program donated the Kona Ice truck to help the Camp Seahorse campers stay cool at Panther Creek Inspiration Ranch.
Stocks Hold Small Gains
Friends Word that trade talks with China could be progressing helped jump start a small rally in stocks on this last trading day of July. After an initial surge, the bulls must be disappointed in the late afternoon fade which gave back a good chunk of the gains. The...
Market Leaders Continue To Slump
Friends The fallout from the disappointment of the FANG stocks from last week continued as trading unfolded today. After a feeble attempt to stage an early morning rally, Facebook, Amazon, Google and Netflix all headed south and continued to show signs of deterioration into the close. Yes, some value...
Strong GDP But Big Names Weaken
Friends Stocks slumped despite the anticipated 4.1% GDP number that was released before the opening bell this morning. It might be a case of sell on the news, but it looks like it’s more about the big momentum names. The big 4 (FANG) stocks are showing a little wear...
The Facebook Flop
Friends Despite the disastrous earnings release and subsequent bloodletting in the shares of Facebook, stocks actually held up pretty well today. The results were mixed, but disaster was averted. Besides the continuous and mostly fantastic stream of earnings reports, we get our first look at 2nd quarter GDP tomorrow...
Stocks Jump on EU Concession Report
Friends Stocks were biding time for most of the trading session, with a slight bias to the upside, when word came during the last hour of trading that the EU may have delivered some trade concessions to President Trump. Stocks rallied nicely on the news and finished strong into...
Earnings Parade Continues
Friends It was another good day for stocks, but not all stocks participated in the advance. Yes, earnings numbers continue to impress as Google, Lockheed Martin, Verizon and others all exceeded expectations with their earnings releases, but the likes of Whirlpool and Harley Davidson did stumble as tariff issues...
Earnings Week
Friends It was a mixed and somewhat quiet day for stocks, as market participants gear up for a busy week (we get Google after the closing bell today) of earnings and a first look at 2nd quarter GDP. For the day, the Dow Jones Industrial Average was down 13...
Stocks Slump As Market Leaders Stall
Friends As we have seen this year, as Amazon, Google, Netflix and Facebook go (you can throw Apple in there too) the market averages go. Today, despite some strength in retail, mid and small caps, the averages were driven down by weakness in the big momentum names. Earnings continue...
Stocks Undeterred
Friends Stocks were able to post gains despite a miserable housing starts number and a massive fine levied by the EU against Google. Heck, stocks actually went up today without the help of Amazon. Regardless, earnings continue to come and the numbers continue to be good. So far it...
