2018 3rd Quarter Outlook

2018 3rd Quarter Outlook

As we look into the 2nd half of 2018 we find ourselves at about the same spot that we began our 365-day journey. The S&P 500 finished the first half of the year with a slight gain, while the Dow Jones Industrial Average finished with a slight loss. There was...

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2018 3rd Quarter Outlook

Delayed Rally

Friends  After stocks gave up some of their gains on Friday, even after a stellar jobs report, it appeared that market participants were wary about the tariff and trade war situations. So much for trade war worries. Stocks spiked in early trading and added to their...

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Jobs Report and Trade Wars

Jobs Report and Trade Wars

Friends  There were 213,000 new jobs created in June, which was a bit higher than expected. The unemployment rate ticked back up to 4%, but that can be attributed to more folks coming in off the sidelines to actively seek a job. So, job creation continues to be...

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Stocks Rally Before Jobs Number and Tariffs

Stocks Rally Before Jobs Number and Tariffs

Friends  Hopes that there will be a softening before tomorrow's trade war deadline with China helped propel stocks to nice gains. A nice ISM non-manufacturing number didn't hurt either. The ADP private payroll number was fine, but a little shy of expectations. All in...

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Happy 4th of July Everyone

Happy 4th of July Everyone

Friends  Stocks rallied at the open of this shortened trading session, but reversed course and fell into negative territory by the closing bell. As expected trading was very light.  By the close, the Dow Jones Industrial Average was down 132 points to finish the day...

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A Nice Reversal

A Nice Reversal

Friends  Stocks slumped in early trading as market participants still seem nervous about the possibilities of full blown trade wars. But as the trading session wore on, buyers appeared with Nasdaq recovering first then followed by the S&P and the Dow all working...

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