Friends Stocks rallied on this last day of August, which helps the market averages actually show gains for August (which is often a difficult month for stocks). Though we continually get headlines that would concern even the most optimistic investor, it appears the...
Friends It has been several very trying days for our great city, and I hope all of you are well. The markets have been mostly quiet this week. The North Korean's launched a missile over Japan on Monday afternoon, and stocks sold off early on Tuesday morning, but...
Friends You know the old saying, the talk of tax reform cooperation giveth and the the talk of government shutdowns and debt ceilings taketh away. After yesterday's healthy rally, stocks gave a portion of it back as much of the "good feelings" somewhat melted away. ...
Friends Well, today's stock market rally was a bit of a surprise. Just the hint that there might be some meeting of the political minds with regards to tax reform seemed to fire up the animal spirits (or scare the shorts a bit) of market participants. Whatever the...
Friends By the looks of the market action today, everyone must have been out watching the eclipse. Stocks drifted aimlessly for most of the trading session, as for one day at least, we didn't have any major political headlines. We are moving into a quiet time as...
Friends Another day of political headlines. I considered just ending the email right there. I know I'm exhausted with it all, but nevertheless the markets trade on. After being down about 100 Dow points, the news of White House aid Steve Bannon's dismissal sent...
Friends Terrorism in Barcelona, White House Intrigue, technical omens- all too much for the markets to take today. Stocks were sold at the open and things got worse as the trading session wore on. Traders have no idea what political headlines they will have to deal...
Friends Despite more political theater (that never ends) and the Fed minutes that indicate that the FOMC is ready to start reducing the balance sheet (sell bonds) next month, stocks still held their ground. The White House turmoil did take the winds out of the sails...
Friends Stocks were quiet for much of the trading session as things were "relatively" calm on both the geopolitical front and also on the domestic front. Home Depot's earnings were better than expected and they raised their outlook going forward, but the stock...
Montgomery County students from K-12th grades will benefit from United Way’s Project Undercover, a drive for new socks and undies. Students without clean clothes often miss school, Project Undercover makes it possible for lower-income students to wear brand new...
Friends We had a somewhat calm weekend on the geopolitical front, though not so on the domestic front. Regardless, stocks rallied right from the start of trading today and were able to hold those gains throughout the trading session. Turmoil seems to be becoming the...
Friends After yesterday's selloff, we were more than curious to see how things would unfold today. On the whole, it was a quiet day of trading with a slight bias to the upside. There was no piling on by the bears after yesterday's decline, which was a little...
Friends You know the old saying. It doesn't matter until it does. Markets seemed to be handling the Korean nuclear war threat rather well until today. President Trump's tough talk added to the stress level this afternoon, and the market averages added to losses that...
Friends Early on it appeared that stocks might succumb to all the geopolitical sabre rattling with regards to North Korea, but by the end of the trading day, the S&P once again showed very little change. The Dow's decline was mainly accounted for by the drop in...
Friends Stocks were minding their own business, happily drifting along in positive territory when the North Korea rhetoric heated up. Stocks slipped a bit when the President gave a warning during the last hour of trading (fire and fury), but the damage wasn't serious....
