Friends Though we’ve had a couple down days in a row, volatility seems to be lessening and the losses have been muted. As we’ve mentioned, we have bumped into resistance so it will be interesting to see if the bears can keep up the pressure, or will the bulls...
“As January was historic on the upside, December was historic to the downside.” “As we enter 2019, the stock and bond markets are flashing neon warning signs about the economy.” Click the link below to read more. 2019 1st Qtr Outlook
Friends Stocks were enjoying another nice day for the bulls, until word came of a dust up between the President and Democrat leaders. Although some gains were surrendered, the bulls were able to hold onto the high ground and post a fourth straight day of gains for stocks. By...
Friends After another nice day for the bulls, I don’t know if I should be excited or scared to death. Yes, we’ve had a nice bounce from the Dec 24th low, but we are bumping into some resistance levels, so I don’t want to get too comfortable just yet....
Friends After last week’s large moves, today’s market action almost felt muted. Yes, we did have some volatility but for the most part stocks traded nicely in positive territory for most of today’s trading session. On the economic front the ISM non-manufacturing number was a little on the weaker...
Friends The markets couldn’t catch a break yesterday. Everything that could go wrong did, led by the disappointing news from Apple. Today, it was just the opposite. First, we got an eye popping non-farm payroll number with 312,000 new jobs created in December. In addition we saw upward revisions...
Friends After the close yesterday, Apple pre-announced a significant downgrade to their first quarter earnings estimate. When the world’s biggest company warns of bad news, markets tend to get a bit jittery. Stocks opened lower this morning despite a very strong ADP private payroll number, and headed lower after...
Friends We turned the page on 2018, but it appears volatility isn’t going away any time soon. After a 400 point Dow dip early in today’s trading session, stocks gathered themselves and posted small gains by the close. If you want to find a bit of a silver lining...
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