Friends Similar to yesterday, stocks were doing just fine until word out of the White House was that tariffs are on (25%) for February 1st for both Canada and Mexico. Once again, the tariff talk sent stocks lower and bond yields higher. Many stocks had big reversals today,...
Friends Stocks were calmly higher for much of today’s trading session when in the last hour reports of tariffs on Canada and Mexico erased the gains and left the bulls a bit flat footed. But in the final moments stocks moved back into positive territory in some wild...
Friends As expected, the Fed kept interest rates the same with the Fed Funds rate remaining at 4.25%-4.50%. Fed Chair Powell seemed to indicate that the Fed is pretty comfortable in the position that they are in and will let the data dictate where we go from here....
Friends After yesterday’s AI earthquake, things were able to settle down a bit today. Yesterday’s damaged Generals were able to recover some and the market averages were able to post gains. Remember, we get a Fed decision on interest rates tomorrow (we don’t expect any change) and tons...
Friends What a crazy way to start what was going to be a crazy week anyway. The AI world was turned upside down by DeepSeek, a Chinese startup company that boasts performance on par with Open AI’s (Chat GPT) latest models. The kicker is that DeepSeek says its...
Friends The bulls took a breather today (might not be a bad thing) as stocks finished the week on a down note. But, in general it was a good week for stocks, and the bulls continue to hold the high ground. Next week we have the Federal Reserve...
Friends, Against a backdrop of good earnings and favorable economic conditions, stocks continue to push higher. The President made news in his comments to those gathering in Davos when he let all know his feelings about the oil prices (Saudi’s need to lower), the Eurozone (not favorable), and...
Friends More solid corporate earnings, including a blockbuster report from Netflix, helped move the market averages higher once again today. Other nice earnings gainers were P&G and Travelers. Again, we are expecting good numbers from most of corporate America but what we are most interested in is the...
Friends As snowmageddon 2025 hit here in the Houston area (it ended up not being that bad actually), stocks got the week off to a strong start for the bulls. Retreating bond yields and excitement about the new administration set the tone for a nice rally in market...
Friends In the end it was a very good week for stocks. Decent inflation data and a strong beginning to corporate earnings season helped stoke a little bullish sentiment after weeks of less than stellar action for the market averages. By the close, the Dow Jones Industrial...
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