Political Fireworks-Stocks Yawn

Political Fireworks-Stocks Yawn

Friends  How the former FBI Director James Comey's testimony went today probably depends on what side of the political aisle that you find yourself. I'll leave it to the political pundits to decipher, but the markets really didn't have a whole lot of reaction, one way...

read more
Testimonies

Testimonies

Friends  Despite or because of all the testimonies and political headlines, stocks posted the first positive day of the week. Market participants monitored the Senate Intelligence Committee testimonies this morning, then, this afternoon were frantically reading the...

read more
Markets Nervous?

Markets Nervous?

Friends  It was another sloppy day for stocks as the major market averages spent most of the trading session in negative territory, but as like yesterday, not by much. A few of the high fliers like Amazon, Google and Facebook saw some selling pressure in the last hour...

read more
Stocks Quiet As Week Begins

Stocks Quiet As Week Begins

Friends  After last week's late surge, stocks began the week with very little direction. The market averages spent most of the trading session slightly in negative territory but without any real conviction. Acts of terror like we saw in London over the weekend seem to...

read more
Stocks Rally Despite Disappointing Jobs Number

Stocks Rally Despite Disappointing Jobs Number

Friends  Today's jobs number was a disappointment as only 138,000 new jobs were created in May. The market had expected a better number, especially after the better than expected ADP private payroll number that we got yesterday. The bond market acted accordingly with...

read more
Testimonies

Stocks Rally On Positive Jobs Data

Friends  While the President was announcing that the U. S. was withdrawing from the Paris accord, stocks were rallying to new all-time highs. The ADP private payroll number this morning was much better than expected and tees up tomorrow's non-farm payroll release. The...

read more

Archives