Friends The stock market these days is like a movie that has a lot of action, but no plot. Once again today we were entertained by wild gyrations, as the Dow reversed an up over 100 point day and plunged into negative territory – only to recover in late trading to eke...

Friends There were a lot of crosscurrents in the markets today. Quality “blue chip” type stocks were being snapped up by traders while at the same time momentum driven “previously high flying” growth stocks were being sold hand over fist. The divergence showed up in...

Friends Sparked by more Russia/Ukraine unrest, and reports that 1st quarter GDP may actually be adjusted negatively (making it a minus number), stocks spent the day in negative territory. Despite Tuesdays being positive most of the time this year, the bears were able...

Friends After a quick sell-off early this morning which saw the Dow down nearly 150 points, stocks (fueled by a better than expected ISM Non-Manufacturing number) rallied to finish the day slightly in positive territory. After the bulls were able to force the averages...

Friends Traders had a lot to deal with today. First of all, we got the non-farm payroll number this morning which was better than expected as 288,000 new jobs were created in April. Now, the question is-is this just a rebound from the bad weather related numbers of...

Friends Stocks drifted aimlessly today despite stronger than expected economic data including a surprising personal income and spending number. It seems traders were content to sit on their hands before tomorrow morning’s jobs report. Earnings reports and future...