Friends As expected, it was a quiet day of trading on the day before Thanksgiving. Before I give you the numbers, I want to take this opportunity to thank each and every one of you, our clients, for allowing us to guide you on your financial journey. We...
Friends The bulls continue to charge into the Thanksgiving holiday with the market averages posting gains once again. Unless we get bad inflation numbers or a very weak employment report in December it appears that the market has the wind at its back. Market participants don’t want to...
Friends Stocks continue higher as things continue to broaden out. Again, the sleepy ole Dow Jones Industrial Average and small caps are leading the way higher at the moment. We like to see more participation instead of just a handful of big names moving the market averages higher....
Friends Once again, the Dow led the market averages higher during today’s trading session. And once again it was financials and industrials leading the way higher instead of big tech. We always like to see a broadening out of an advance where more than just a few names...
Friends Not surprisingly, Nvidia’s earnings after the close yesterday were fantastic. Also, not a real surprise that the share reaction was muted. By the close the shares were slightly higher, but it was the boring old Dow Jones Industrial Average that led stocks higher today. Stocks like Home...
Friends We had a bit of a reversal of fortune today as the Dow Jones Industrial Average was able to move higher while the S&P 500 treaded water, and the Nasdaq retreated. We had more earnings reports from retailers, with Target totally laying an egg, while TJX did...
Friends It looked to be a troublesome day for the markets when Mr. Putin was waving his nuclear arsenal in the worlds face this morning. Indeed, futures showed the Dow down more than 500 points before the open. But as the trading session wore on, stocks continued to...
Friends We will be hearing from retailers this week as earnings reports are due from the likes of Walmart, Target and TJX. We have seen a bit of a winners vs. losers with regards to retailers recently and I would expect that to continue with winners posting strong...
Friends Worries that the Fed might be a bit more deliberate in this rate reducing cycle sent stocks lower during the trading session. Of course, I’m still in the camp that we needed a bit of a pause/pull back here to cool things off anyway. Yes, seasonally this...
Friends This morning’s producer price index came in as expected similar to yesterday’s consumer price index. Stocks continue to be in pause mode for the moment as the bulls appear to be searching for the next catalyst. Comments from the Fed Chair this afternoon seemed to indicate that...
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