Volatile Week Draws Little Blood

Volatile Week Draws Little Blood

Friends Let's start with the jobs report. 134,000 new jobs were created in September, and that was less than the 180,000 expected. But, the revisions upward for July and especially August were significant and thus gave the September number a little cover (as did the...

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Rates Rise/Stocks Fall

Rates Rise/Stocks Fall

Friends  While the economy keeps displaying signs of strength, interest rates continue to rise - so much so that it finally got the attention of the stock market. At its worst today, the Dow was down more than 350 points, but as the afternoon wore on, stocks were able...

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Same Pattern

Same Pattern

Friends  Once again, we saw the same pattern of trading every day this week. Early morning rallies continue to fade as the trading session wears on. Again, we had a tasty triple digit gain in the Dow this morning fueled by a much better than expected ADP Private...

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Volatile Week Draws Little Blood

Dow Advances Alone

Friends  It was a mixed day for stocks that ended up following a similar pattern as yesterday's trading. Stocks enjoyed an early surge led by the Dow only to have a lot of steam come out of the proceedings as the trading session wore on. The Dow did register new...

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Good Start To The Quarter For The Bulls

Good Start To The Quarter For The Bulls

Friends  Stocks rallied a bit on news of the new trade deal with Mexico and Canada (USMCA), but not everything participated. Small Caps and Nasdaq both were laggards despite the bullish tint to the proceedings. After a very good 3rd quarter for the bulls, things are...

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