Stocks Stumble

Stocks Stumble

Friends   Though both JP Morgan Chase and Citi had really good earnings reports this morning, stocks had a negative bias right from the opening bell this morning. There were some ebbs and flows to today’s trading, but once again market participants seem a little hesitant to invest new...

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Social Media Unrest

Social Media Unrest

Friends   Stocks struggled today after a weekend of social media fallout and likely just some overdue profit taking. There were some winners though as banks, energy and retailers all fared well, while big tech struggled.   By the close, the Dow Jones Industrial Average was down 89 points...

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Stocks Stumble Out of the Gate

Stocks Stumble Out of the Gate

Friends Stocks stumbled out of the gate for 2021 as market participants appeared a little concerned about tomorrow’s Senate elections in Georgia. Standard thinking is that if the Republicans capture both or at least one of those seats the markets will respond favorably. Of course, how the markets react...

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Happy New Year!

Happy New Year!

Friends   What a year! After the craziness that was 2020, it is not surprising that the market, and market participants, seemed just about out of gas as the finish line was crossed. But, stocks were able to rally late in the day to post a nice gain by...

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Stocks Edge Higher

Stocks Edge Higher

Friends The Santa Clause rally got back on track today, but there still seems to be little conviction as traders hold on for dear life till year end. Stocks began the day higher and did hold onto the gains throughout the trading session, though as mentioned there didn’t seem...

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