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Slow Start To The Second Half

Slow Start To The Second Half

Friends Here we go into the second half of 2020. It appeared that traders didn’t know which way to go today as the market averages bounced around in a relatively narrow range. We continue to hear of the great reopening running into one Covid19 breakout after another, but besides...

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Another Difficult Day

Another Difficult Day

Friends The headlines were just too much for the bulls to defend today. A full day of Covid-19 bad news weighed on the stock market, and with it being a Friday, traders decided that the sidelines might be a good place to be for the time being. As for...

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Easy Gains

Easy Gains

Friends Stocks continued to edge higher today, as the bulls were able to hold on to most of the early morning gains. Once again, Apple, Microsoft, Amazon, Facebook and other big growth names led the way. These stocks have provided a major portion of the move off of the...

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Quiet Advance

Quiet Advance

Friends Overnight futures gave the impression that stocks were going to have a difficult trading session as the week begins. But, after a quick down opening, the bulls quietly moved share prices higher as the day wore on. There wasn’t really anything remarkable about the move as breadth was...

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Calm Despite Covid Spikes

Calm Despite Covid Spikes

Friends Stocks continued to drift slightly lower (well, at least the Dow anyway) in today’s trading session as concerns about spiking Covid-19 numbers continue to overhang the markets. It appears that the hope that the virus will kind of disappear in the summer months (well, at least that was...

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