Calm Before Earnings

Calm Before Earnings

Friends   After last week’s surge in the market averages, stocks took a little bit of a breather today. There was no real news to drive the direction of the markets today but we are entering earnings season this week, so we will get a look at corporate America’s...

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Bulls Keep Rolling

Bulls Keep Rolling

Friends   It was another nice, somewhat orderly, advance in stocks today. Continued hope that we will have a robust economic recovery which will not include any long term inflationary pressures is keeping the bulls enthused.   For the day, the Dow Jones Industrial Average was up 56 points...

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Quiet New High

Quiet New High

Friends It was another quiet day of trading in the stock market. As I mentioned yesterday, I wouldn’t mind if things cooled off just a bit and the stock market digested recent gains. The bullish predictions for the economy continue to make the headlines and we sure aren’t disagreeing...

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Stocks Take A Breather

Stocks Take A Breather

Friends   Well, stocks did finally cool off just a bit today, though I don’t think the bears are doing a whole lot of celebrating. Actually, a wise bull might be glad to see the advance in stocks take a bit of a break for some much needed digestion....

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Stocks Rally on Good Economic Data

Stocks Rally on Good Economic Data

Friends   A bevy of really good economic numbers, including last Friday’s jobs number (released when markets were closed) and today’s sparkling ISM Services number, helped spark a tasty rally in stocks to begin the week. It was an eclectic mix with some growth names participating in the rally...

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