Friends We made to the end of the 2nd quarter of 2020. Wow, that was a tumultuous six months, wasn’t it? Actually, despite Covid-19 cases rising and a country that is experiencing social unrest, stocks actually had a very good quarter. Of course, we were coming off a disastrous first...
Friends It’s been a back and forth month for stocks as we push towards tomorrow’s finish line. The bulls decided to do a little last minute bargain hunting today, but as we have seen over the past several weeks, trends seem to last until the next headline these days....
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...
Friends Stocks were just drifting along until a small buying flourish pushed the market averages higher in the last hour of trading. The buying sure couldn’t be attributed to better news on the health front, as virus news continues to go in the wrong direction, especially here in our...
Friends There I go again. I express a little concern about some froth in the market and stocks tumble the next day. Ok, believe me, I have no edge. It just seemed like given the less than good news that the markets are having to deal with that some...
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...
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...
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...
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....
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,...
Copyright 2021 Carlton, Hofferkamp & Jenks Wealth Management, LLC. All Rights Reserved.
Hand-crafted by Web Design The Woodlands - Design Squid
