Stock Finish Strong July Mixed

Stock Finish Strong July Mixed

Friends Stocks were incredibly calm today, despite this afternoon's political intrigue as General Kelly evidently didn't want anything to do with the "Mooch". Yes, despite the dismissal of the pending communications director the markets finished the month on a...

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Mixed Earnings/Mixed Results

Mixed Earnings/Mixed Results

Friends Earnings season stubbed its toe just a little bit today, as releases from Amazon, ExxonMobil and Starbucks all disappointed market participants. Stocks in general traded with a negative bias for most of the session, but as has been the case lately, not with...

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Stocks A Bit Jumpy Amongst Earnings Onslaught

Stocks A Bit Jumpy Amongst Earnings Onslaught

Friends Earnings were good. Economic data was good. Stocks rallied on the open. Then all of a sudden, mid-day, market participants decided to take some profits on the momentum darlings; and stocks, led by Nasdaq, dipped into negative territory. The Dow was able to...

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Boeing Boosts The Dow

Boeing Boosts The Dow

Friends It was another busy day of earnings releases and old stalwarts ATT and Coca-Cola pleasantly surprised, but the big winner of the day was Boeing, up nearly 10% for the day and single handedly accounted for the entire gain in the Dow. Other than Boeing, stocks...

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Stocks Enjoy Earnings Momentum

Stocks Enjoy Earnings Momentum

Friends Despite all the political theater (and it never seems to end), today's market action was a positive response to more good earnings releases. We did have a few disappointments, namely Google, United Technologies and MMM (and their shares were punished by market...

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Mixed Earnings/Mixed Results

Stocks Quiet Into Big Earnings Week

Friends We have a big week of earnings with 180 of the S&P 500 companies reporting this week. Google, one of the big 5 momentum stocks reports after the bell today, and Facebook and Amazon later this week. In addition to all the earnings releases, we have a two...

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Stocks A Bit Jumpy Amongst Earnings Onslaught

Mixed Earnings Day

Friends It was a tale of two industrial giants as Honeywell and GE faced off this morning with earnings releases. Honeywell was the clear winner and has been for quite some time now. GE on the other hand has struggled mightily over the past several years. Perhaps if...

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Mixed Earnings/Mixed Results

Natural Response To Earnings Today

Friends Stocks were quiet today except for Home Depot , Lowes, Best Buy and Whirlpool  which were under siege after Amazon (yes, them again) announced a deal with Sears to sell Kenmore appliances online. Other than that, there was little direction and muted...

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Stocks Enjoy Earnings Momentum

Stocks Forge Ahead

Friends The earnings parade continues and stocks reacted positively today. Morgan Stanley led the way with good numbers, but we did have one stinker as IBM held the Dow back with a less than stellar report. Despite Big Blue's drag on the Dow, stocks still forged ahead...

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Stock Finish Strong July Mixed

Stocks Recover To End Mixed

Friends Stocks sold off early in the trading session with the Dow down more than 150 points, but did recover to eliminate most of the damage. Goldman Sachs alone accounted for much of the drop in the Dow. Both the aforementioned Goldman and Bank of America had...

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Boeing Boosts The Dow

A Big Week Of Earnings

Friends It was a quiet beginning to the trading week, but things should pick up as earnings start to roll out this week starting with Netflix after the close today. Throughout the week we'll see reports from the likes of Johnson & Johnson, Bank of America, Goldman...

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Stocks Rally Despite Lackluster Economic Data

Stocks Rally Despite Lackluster Economic Data

Friends Despite a weak retail sales number and a benign CPI number (remember the Fed wants some inflation), stocks enjoyed a surprisingly good day. It was a broad based advance with a lot of green all over my screen. Ironically, despite good earnings from JP Morgan,...

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Stock Finish Strong July Mixed

Quiet Day/Stocks With Modest Gains

Friends Stocks experienced a somewhat quiet day with a slight upward bias. Market participants are gearing up for earnings season with big banks Citi, J P Morgan and Wells Fargo reporting tomorrow. In other news, retailers other than Amazon finally had a good day...

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Mixed Earnings/Mixed Results

2017 3rd Quarter Outlook

“Looking back at the first half of 2017, we see that stocks in general had a good first half of the year. Of course, not all stocks are created equal” Click the link below to read our full comments. 2017 3rd Quarter Outlook    

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