Another Quiet Trading Session

Another Quiet Trading Session

Friends  Another quiet day for stocks as market participants wait to see what the Senate unveils tomorrow with regards to their tax reform bill. As mentioned, traders are beginning to wonder if an actual bill can get to the President before year end, and just what...

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Stocks Quiet/Tax Bill Concerns

Stocks Quiet/Tax Bill Concerns

Friends  Stocks limped along today as traders  remain concerned that  the tax bill might be a bit difficult to get enacted. Indeed, small cap stocks seemed to be the least favored today, but market participants just didn't seem to be in a buying mood.  By the close,...

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Stocks Shrug Off Headlines

Stocks Shrug Off Headlines

Friends  Despite more domestic tragedy, Saudi intrigue and continued concerns about North Korea stocks simply forge ahead. It appears that nothing seems to be able to derail the stock markets march toward year end (was that just the kiss of death?). Oil prices have...

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Earnings and Jobs

Earnings and Jobs

Friends  The non-farm payroll number came in a little shy of expectations, but still 261,000 new jobs were created and the unemployment rate is now at 4.1%. Basically we are at full employment. Average Hourly Earnings actually came in lighter than expected, so again...

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Headline Filled Day

Headline Filled Day

Friends  There is a lot going on. First, congratulations to the Astros for their first World Series win. Good for them and good for our great city. On the business front, we got a look at the Republican tax reform plan, and we also learned who will lead the Fed going...

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