Friends It was a pretty interesting day in the markets despite the somewhat quiet day for stocks in general. First off this morning we got an ADP private payroll number (298,000) that was significantly higher than anyone could have guessed. That raises expectations...

Friends As the politicians and the media wrestle over the House's proposed health care plan details, market participants seem unsure of just what to do with stocks. Are prices too high to buy? Is a major correction due at any moment? There seems to be a lot...

Friends The bears marshalled their forces and had the bulls backing off a bit in early trading. But as the trading session wore on, the bulls began to hold their ground and the market averages were able to erase most of the early damage. Of course, politics continue...

Friends Stocks experienced a very quiet trading session today as traders seemed a bit confused by various statements from Fed officials. It seemed like traders couldn't decide just what stand to take. So many are poised for a downturn ("we have to pullback at some...

Friends Stocks can go down! Hard to believe I know, but with today's action it appears to actually be true. After yesterday's raucous rally in the aftermath of the Trump speech before a joint session of Congress on Tuesday night, it really isn't a surprise that things...

Friends President Trump delivered a standard, cookie cutter type address to Congress last night (and did a good job delivering it), and the stock market loved it. There was some fear going into the speech that fireworks could erupt and a bad taste could be left in...