Friends We mentioned last week that it might be better for the longer-term health of the stock market if things would cool down a little bit in the short run. We cooled down a little bit today. The big growth names led the Nasdaq Lower but the moves...
Friends The bulls began the month of December just as they finished the month of November. Stocks moved higher and some names that have lagged all year long are participating- finally. Today was broader based with all the market averages moving higher. The bulls are convinced that the...
Friends It was the revenge of the nerds today. The stodgy old Dow Jones Industrial Average was the big winner today led by Salesforce but joined in by many of the other 29 stocks in the index. The glamorous Nasdaq was actually down for the day. Remember, while...
Friends It was another very uneventful trading session today as stocks gave up early gains and subsequently drifted back and forth across the breakeven line throughout the later part of the trading session. Bonds on the other hand continue to rally pushing rates lower. The 10-year Treasury Note yield...
Friends In the past we have talked about how interest rates might rise for good reasons or bad reasons. The same can be said for the reverse. Interest rates have begun to move lower recently, and the question is, is it for good reasons or bad? Good reasons...
Friends The Thanksgiving holiday is behind us, but the markets looked like they were still a little stuffed from too much turkey. Stocks opened a little lower but basically drifted along for the entire trading session. Traders are trying to determine if we are due for a mad...
Friends It was another good day for the bulls and a nice way to slide into Thanksgiving. Stocks moved higher from the open and stayed nicely in positive territory for the entire trading session. It was indeed a nice rally into Thanksgiving, which as we have mentioned, is...
Friends It looked like traders were ready to head out for the Thanksgiving holiday today as stocks drifted aimlessly in negative territory for the entire trading session. After the close, though, Nvidia releases their earnings report and that will likely light up the tech world for tomorrow’s...
Friends It was a very quiet day of trading. The bulls seemed a bit tired, and the bears seemed defeated. Interest rates have fallen over the past couple weeks and maybe have found a new level to operate from. Time will tell. As for today, by the...
Friends It was a day where traders chose to digest some of their recent gains. It also was a day when a couple of companies that reported earnings had a little indigestion with regards to their shares. Walmart reported what looked like pretty good earnings but warnings that the...
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