Another Difficult Day

Another Difficult Day

Friends The headlines were just too much for the bulls to defend today. A full day of Covid-19 bad news weighed on the stock market, and with it being a Friday, traders decided that the sidelines might be a good place to be for the time being. As for...

Continue reading

Easy Gains

Easy Gains

Friends Stocks continued to edge higher today, as the bulls were able to hold on to most of the early morning gains. Once again, Apple, Microsoft, Amazon, Facebook and other big growth names led the way. These stocks have provided a major portion of the move off of the...

Continue reading

Quiet Advance

Quiet Advance

Friends Overnight futures gave the impression that stocks were going to have a difficult trading session as the week begins. But, after a quick down opening, the bulls quietly moved share prices higher as the day wore on. There wasn’t really anything remarkable about the move as breadth was...

Continue reading

Calm Despite Covid Spikes

Calm Despite Covid Spikes

Friends Stocks continued to drift slightly lower (well, at least the Dow anyway) in today’s trading session as concerns about spiking Covid-19 numbers continue to overhang the markets. It appears that the hope that the virus will kind of disappear in the summer months (well, at least that was...

Continue reading

Stocks Cool Down

Stocks Cool Down

Friends Stocks took a breather today as, more than anything else, the buyers just seemed to run out of gas. It didn’t appear that sellers were pressing the situation and the specter of the Fed hiding around every corner is what keeps the bears up at night these days....

Continue reading

More Volatility But Bulls Prevail

More Volatility But Bulls Prevail

Friends Stocks had leftover momentum from the Fed’s bond buying spree this morning. Then we added a little surprisingly strong retail sales number and a positive report on a common steroid being a helpful Covid-19 therapeutic, and that produced a tasty 1000 point Dow rally at the open. But,...

Continue reading

Copyright 2021 Carlton, Hofferkamp & Jenks Wealth Management, LLC. All Rights Reserved.

Hand-crafted by Web Design The Woodlands - Design Squid

Log in with your credentials

Forgot your details?