Stocks Mostly Higher

Stocks Mostly Higher

Friends   It was another very quiet day of trading. We had a little bounce at the open and basically treaded water for the rest of the trading session. Earnings continue to be pretty decent and the share price reactions have been a little different this quarter. Instead of...

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Stocks Top Off A Good Week

Stocks Top Off A Good Week

Friends   After several weeks of negative stock action, the bulls circled the wagons this week and pushed stocks higher. As mentioned yesterday, early returns on earnings season have been encouraging, albeit most of the good news has been in the banks and financial firms. Nevertheless, buyers became a...

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Disappointing Jobs Number

Disappointing Jobs Number

Friends   We had a very disappointing non-farm payroll number as only 194,000 new jobs were created in September. Remember, expectations were that we would see 500,000 new jobs created or more. The unemployment rate did fall to 4.8%, but that somewhat contradicts the more than 10 million job...

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Intraday Volatility Today

Intraday Volatility Today

Friends   Right on cue, stocks fell at the open giving back all of yesterday’s gains, but adding to recent volatility we got an intraday move today as stocks reversed course and actually moved into positive territory by the close. Perhaps, today traders began to feel that this debt...

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