Friends It was a difficult day for stocks with all of the market averages in negative territory for the trading session. Buyers simply seemed to be uninterested as there really wasn’t any catalyst to help move stock prices higher. By the close, the Dow Jones Industrial Average...
Friends Today’s jobs number came in a little hotter than expected, but not so much as to deter the Fed from lowering rates at December’s FOMC meeting in a couple of weeks (at least in the minds of market participants). 227,000 new jobs were created in November....
Friends The first week of December continues to be somewhat of a wash with regards to the markets and any significant moves. Stocks were lower today as buyers were basically nowhere to be found. Market participants will be focused on tomorrow’s non-farm payroll report. Estimates are for about...
Friends Though a little bit narrow in structure, stocks once again moved higher during today’s trading session. Big Tech stocks were the biggest winners, while energy shares were the day’s biggest losers. The Dow hit a new record high over 45,000 but oddly only 15 of the 30...
Friends Market participants are wading into the December trading waters with a bit of caution after the rise in stock prices that we have seen for the past 11 months. That doesn’t mean that they won’t get used to the water temperature soon enough and begin a rally...
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...
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