Friends After stocks experienced a little left over selling from Friday, the buyers stepped in and once again the market averages were pushed towards all-time highs. No, the coronavirus headlines really don’t seem to be getting any better, but market participants just don’t seem to care at the moment....
Friends We were treated to a very tasty jobs report this morning, as 225,000 new jobs were created in January. The unemployment rate is at 3.6% and year over year wages grew at 3.1%. Despite the good economic news (capping a week of good economic news), stocks finally seemed...
Friends Stocks were a bit quieter today, but the bulls still are holding on to the high ground. Again, despite continuing concerns about the coronavirus (well, at least I still have continuing concerns) it appears that liquidity and fear of missing out has overridden any fear of the virus...
Friends When I was preparing for the week Sunday evening, I felt pretty sure it was going to be a difficult one for the bulls. Boy, was I wrong. Stocks have gone up all week, despite continuing concerns over the coronavirus. Yes, we have had some good news with...
Friends Holy moly, what a rally! Once again, despite lingering concerns about the coronavirus and it’s likely effects on global growth, stocks fueled by central bank liquidity surged higher today. Corporate earnings have been decent so far. For instance, Clorox had a great day after a nice report, yet...
Friends Despite continued concerns about the coronavirus, and stocks plummeting on the first day of trading in China after the Lunar New Year holidays, the market averages here in the U. S traded in positive territory for the entire session. Beware of false headlines and pundits telling you how...
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