Friends Stocks tried to sell off at the opening this morning, but the bears just couldn’t muster very much enthusiasm. Word that the China trade talks are progressing, and a good earnings release from Walmart were enough to spark modest interest from the bulls and stocks moved into positive...
Friends Stocks continue to push higher despite a lukewarm earnings season, mixed economic data and the political theater that we see on a daily basis. Stress on those who sold in the 4th quarter of 2018 is starting to build. Have they come back in, and if not will...
Friends The stock market is showing some impressive resilience. The bears delivered a haymaker this morning in the form of a miserable retails sales number, which initially did send stocks lower (more than 250 Dow points), but those losses were erased by midday. As the afternoon wore on and...
Friends As old Monty Hall used to say “let’s make a deal”. A nice rally in stocks today was attributed to reports that a deal on the budget seems to have been reached (but not yet blessed by the President), and that there appears to be progress on...
Friends It was a bit of a tug of war today between the bulls and the bears, as stocks meandered aimlessly throughout the trading session. Pundits continue to be concerned that the economy is slowing and that the rally we have seen since the first of the year has...
Friends Fears of a global slowdown once again sent stocks lower today, but stocks bounced off the lows of the day and the S&P actually made it back to positive territory. It has been a difficult week for the market averages, but it comes as no real surprise. We...
Friends Worries that a deal with China is going to be harder to come by, and likely take longer, helped send stocks lower during today’s trading session. Stocks were already under some pressure from less than stellar news out of Europe, where growth is extremely difficult to come by,...
Friends There wasn’t much of a reaction in the markets to last night’s State of the Union address. Stocks spent most of the day in the red, but not by much. Volatility has lessened over the past few weeks and it appears market participants are beginning to take a...
Friends Stocks continued to climb higher during another muted trading session as traders await the State of the Union address tonight. Alphabet’s earnings seemed to disappoint after the close yesterday, but after some spending the morning in the red, the shares climb to actually show a gain by the...
Friends After last week’s jobs report, the bulls appear to have the upper hand at the moment, as volatility has lessened and sellers seem to be out of ammunition. Now, is this move getting a little long in the tooth? Stocks have gone almost straight up since the nightmare...
Copyright 2016 Carlton, Hofferkamp & Jenks Wealth Management, LLC. All Rights Reserved.
Hand-crafted by Web Design The Woodlands - Design Squid
