Friends As you might expect, given the continued Russian/Ukraine situation, stocks were all over the place today. After an early selloff, stocks rallied to move mostly into positive territory only to see the market averages go right back down near earlier in the day lows. But, by the close...
Friends Wow, what a crazy week. Word that Mr. Putin was willing to “hold talks” with the Ukrainians seemed to be the catalyst for today’s rally as stocks soared higher and were able to hold onto the gains into the close. On Thursday morning things looked as dire as...
Friends As I am sure you know the Russians did move on Ukraine last night. Of course, we have no idea what the outcome will be. We have an idea of some of the short-term effects (see the price of oil), but no one knows just how all...
Friends As expected, it was a wild day of trading after the news that the Russians had invaded Ukraine last night. Stocks fell at the open with the Dow down more than 800 points at its worst this morning. But as the day wore on it appeared that market...
Friends Whether it has to do with mounting global pressures or the continuing series of headwinds we’ve talked about for many months now, stocks are really struggling at the moment. The selling appears to be somewhat indiscriminating and simply a move to reduce equity exposure by large institutional...
Friends With a three-day weekend ahead and the winds of war blowing through the Twitterverse , stocks never really had a chance today. Oh, the bulls mounted several attempts to rally the troops, but there is just too much uncertainty heading into this weekend for market participants to...
Friends With a three-day weekend ahead and the winds of war blowing through the Twitterverse , stocks never really had a chance today. Oh, the bulls mounted several attempts to rally the troops, but there is just too much uncertainty heading into this weekend for market participants to...
Friends It was another difficult trading session for stocks as tensions mount along the Ukraine border. There have been some good earnings reports this week, but they are not taking precedence at the moment. The first cloud that must dissipate is the Russian/Ukraine tensions. After that we still...
Friends Despite a robust retail sales number stocks still moved lower at the open this morning. The Russians didn’t move on Ukraine, but market participants aren’t convinced that Mr. Putin is just going to take his ball and go home. Stocks were lingering in negative territory by midday,...
Friends It appears for the moment that the Russians are holding off/reconsidering their potential engagement with Ukraine. That helped take some tension out of the stock market and shave a few dollars off of oil prices. This morning’s PPI number was hotter than expected, but it seems the...
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