A Nice Reversal Comes Up Short

A Nice Reversal Comes Up Short

Friends Though stocks rallied from a triple digit Dow loss earlier in the session, stocks still finished in negative territory for the 4th day in a row. On the economic front, the ADP private payroll growth of 215,000 new jobs was better than expected, and although...

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A Nice Reversal Comes Up Short

3rd Down Session

Friends Counting Friday’s half day of trading, we now have a three day downward move in stocks for the first time in a while. Buyers seemed uninterested once again today, as stocks opened down and stayed in the red for the entire session. I would not read too much...

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A Nice Reversal Comes Up Short

Stocks Show Some Weakness

Friends Well, yes Virginia, stocks can actually go down. After what seemingly has been an uninterrupted advance, stocks suffered losses today, on this first day of December trading, despite (or because of) good economic data. The ISM Manufacturing Index was quite a...

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