Stocks Enjoy Best Day Of The Year

Stocks Enjoy Best Day Of The Year

Friends Stocks enjoyed their best day of the new year today, as early gains were actually held for more than a few minutes and then built upon later in the day. Now, before we get too excited, tomorrow we get the all-important jobs report, and that is likely to create...

read more
Stocks Enjoy Best Day Of The Year

Lots Of Volatility Leads Nowhere

Friends Volatility continued today as stocks gyrated back and forth between positive and negative territory. Each economic data point and every syllable uttered by a Fed official seemed to send stocks one way or another. On the economic front, ADP estimated that...

read more
Stocks Enjoy Best Day Of The Year

Dead Cat Bounce?

Friends Stocks finally bounced a bit today, a “dead cat” bounce perhaps, but a bounce nonetheless. After spending a short time in negative territory, stocks found their footing and despite some weakness early in the 2:00 hour, the bulls were able to hold onto earlier...

read more
Stocks Enjoy Best Day Of The Year

Market Disruption Continues

Friends Fueled by another weak domestic economic number, today’s being the ISM Manufacturing Index, stocks tumbled once again, as market indexes are heading for the official “correction” moniker. First, a thought about the recent economic weakness. I know it is a “way...

read more

Archives