Fed Minutes Stir Rally

Fed Minutes Stir Rally

Friends It looked like the bears finally had the upper hand yesterday, as stocks had suffered another setback of some size as fear of global slowdown continued. Well, not so fast. Stocks staged a minor snapback rally in early trading, but once the Fed minutes were...

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Fed Minutes Stir Rally

Stocks Surge On Earnings

Friends With the help of an earnings season that is turning out to be better than bad, stocks rallied again today, as the bulls attempt to erase the memories of the first couple of weeks of October. So far, with about half the returns in, the corporate earnings...

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Fed Minutes Stir Rally

Stocks Fall On Global Growth Concerns

Friends Just another difficult day for stocks. Continued weakness in Europe and other parts of the world seem to be weighing on the minds of investors, as is fear that this earnings season may disappoint. Whatever the reason, stocks are breaking down, and many stocks...

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Fed Minutes Stir Rally

Another Volatile Start To The Week

Friends The new trading week got off to another volatile start. A 75 point early gain for the Dow turned into a loss by midday of more than 70 points. Stocks climbed back to near breakeven in late afternoon trading, so no real advantage was to be had by either the...

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Fed Minutes Stir Rally

Jobs Report Helps Spur Stock Rally

Friends A fitting ending to a crazy week. Stocks rallied nicely today after suffering a difficult week. A good non-farm payroll number, 248,000 new jobs having been created in September, helped fuel the advance, but later in the morning stocks seemed to find a second...

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Fed Minutes Stir Rally

Draghi Disappoints But Stocks Recover

Friends Stocks endured another roller coaster ride today, as an early morning sell-off was followed by an afternoon rally. The sell-off was triggered when ECB President Mario Draghi failed to deliver the goods, as he held steady on interest rates and really didn’t add...

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Fed Minutes Stir Rally

4th Quarter Off To Difficult Start

Friends Before we talk about today’s stock market mess, let’s take a quick look back on the just finished third quarter. For a market that looked like on the surface that it didn’t do much, there were sure a lot of crosscurrents afoot. The S&P and Dow were...

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