A Yellen Rally

A Yellen Rally

Friends Another good day for stocks and Nasdaq in particular. The momentum stocks led the way, but we saw broad participation across the board. Helping the cause was Janet Yellen's more dovish testimony before Congress. Once again, the Fed Chair indicated that the Fed...

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Stocks React To Headlines-Then Recover

Stocks React To Headlines-Then Recover

Friends It was an interesting day of trading in the markets as a very quiet morning turned into a slightly frantic midday move when Donald Trump Jr. tweeted and released emails concerning his meeting with a Russian "attorney" who had supposed political information...

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Naz Continues To Seesaw

Naz Continues To Seesaw

Friends  While Putin and Trump huddled in Hamburg, likely discussing Ringo Starr's 77th birthday, stocks continued the seesaw action that we have seen for the past week. Once again, the Nasdaq reversed its previous day's move leading the way to the upside (today up...

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A Yellen Rally

Stocks Continue To Seesaw

Friends  Well, once again the stock market seems to have no memory from day to day. Nasdaq is wildly flailing in different directions on a day to day basis - down big Monday, up big yesterday, and down big again today. The rest of the market already looked weak even...

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Nasdaq Recovers, But Dow and S&P Quiet

Nasdaq Recovers, But Dow and S&P Quiet

Friends  I'm not sure if anyone was paying attention on Monday, but it appears that what was working during Monday's shortened trading session was being sold today, and the momentum stocks such as Amazon, Apple, Facebook and Google all were bought with enthusiasm,...

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Stocks React To Headlines-Then Recover

Stocks Rally On The First Day Of The Quarter

Friends  Well, it was only a half day of trading, but the bulls decided to do a little shopping before heading off to the beach or the pool. It was a bit different today, as things that didn't do well in the first half of the year did well today such as financials and...

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