Friends As I expected, a robust, issue driven, civil debate would lead to a nice rally at open this morning. I’ll just pause there for a moment. Anyway, stocks rallied on hopes that Steve Mnuchin and Nancy Pelosi would get along better than the candidates in last night’s debate...
Friends Stocks struggled today although the market averages rebounded somewhat from their lows of the day. It appears that market participants, despite strong consumer confidence numbers might have been a bit concerned about the Presidential debate tonight and how the markets may interpret it all tomorrow (of course the...
Friends It was a good start to the week for stocks. The market averages opened higher and for the most part held on to their gains throughout the entire trading session. Once again, there seems to be some hope that a stimulus deal could come out of Congress before...
Friends It’s been a difficult month for stocks, but the bulls did show up this afternoon with their shopping list. There is some hope that a stimulus bill could be crafted and passed but that seems pretty unlikely before the election, but who knows? We saw the reopen stocks...
Friends, Attached are some thoughts on the markets and the upcoming election. You can also watch the video on our Facebook page. If you have any thoughts or questions shoot us an email or give us a call.
Friends After a somewhat weak opening, some “bargain” hunters showed up to push the market averages higher in afternoon trading. The big growth names were the winners today, with the Nasdaq leading the other market averages higher. Nothing much changed on the economic front, with continued political wrangling seemingly...
Friends September is living up to its reputation. At the lows today, the S&P 500 was down almost exactly 10% off the highs set a few weeks ago. We did bounce off that level, but it was a difficult day for most stocks. After word of Justice Ginsburg’s death...
Friends It was another back and forth trading session today as traders seemed uncertain exactly what stance they wanted to take as the week came to a close. We’ve noted that this is typically a difficult time of year for stocks, and you add in the economic backdrop...
Friends We saw a pretty volatile day of trading today, but it all seemed rather contained. Stocks fell hundreds of Dow points early, regained all of those losses, fell again, recovered again, but in the end drifted back down decisively into negative territory. The bears seem to hold the...
Friends The bulls had something cooking for most of the trading session, but as is often the case, the markets changed direction after the Fed Chairman held his press conference. For those who trade markets on a minute by minute basis, each Fed statement or Chair press conference can...
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