Friends Well, here we go. We get earnings from Alphabet (Google) today after the closing bell, then we get Microsoft tomorrow and Amazon and Apple on Thursday. Amazingly the Nasdaq Composite Index is hitting an all-time high right as we get these earnings releases. Though the Dow was...
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Stocks Start Busy Week on the Positive Side
Friends Stocks got off to a good start for the week, but remember we have a lot of corporate earnings reports to sort though and a jobs report on Friday. As I mentioned last week, we will see earnings from Alphabet, Microsoft, Apple, and Meta this week along...
More Mixed Results as We Head Towards the Election
Friends Well, mixed results could basically define the whole week. Once again today we had mixed results for the market averages. We have also had mixed results in economic data, and mixed earnings results from corporate America. The stock market had a downward tilt to it this week,...
Stocks Mixed Again
Friends We had another mixed session for the market averages as the Dow struggled while the S&P and the Nasdaq were able to register positive results. IBM and Honeywell were the biggest drags on the Dow 30 after both reported earnings. Besides that, stocks seem to be settling...
Stocks Lower on Higher Yields and Disappointing Earnings
Friends As the 10-year Treasury Note yield hit 4.25% stocks were opening lower this morning. The yield on the 10-year has now moved up from around 3.60% the day the Federal Reserve lowered the Fed Funds rate .50% to near 4.25%. That is quite a move and is...
Stocks Mostly Unchanged After Lower Open
Friends Stocks were lower in early trading but recovered nicely as the trading session wore on with the market indexes just slightly lower by the close. Interest rates moving higher are still a concern, but the economy continues to be resilient helping to maintain a positive environment for...
Stocks Struggle As Possible Headwinds Emerge
Friends Higher bond yields and a rather ho hum beginning to earnings season helped send stocks lower today (except for the Nasdaq which was buoyed by Apple and Nvidia). I’ve been saying given a challenging earnings season, a challenging bond market, seasonality, and the election we might get...
So Much For Cooling Off
Friends Well, so much for my wish that the stock market would cool off a little. The market averages pushed higher today as the bulls continue to buy any weakness that they see. Even the possibility of a lackluster earnings season doesn’t seem to be a deterrent at...
Stocks Retreat On Earnings
Friends The bulls are still charging as the market averages continue to set new highs. The bond market was closed today for the Columbus Day observance, so stock buyers were on their own. Earnings season begins to swing into action this week as we will hear from the...
Stocks Rise As Bonds Sleep
Friends The bulls are still charging as the market averages continue to set new highs. The bond market was closed today for the Columbus Day observance, so stock buyers were on their own. Earnings season begins to swing into action this week as we will hear from the...
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