Friends The stock market was open for trading today, so that must mean that stocks traded higher. Ok, I’m just kidding, but it sure seems like the market averages trade higher every day recently. Sure, the economy is “opening” back up, but the markets with the help of...
Friends Never in the history of economic data has a number so surprised everyone. It was expected that today’s jobs number would show a loss of another 8 million jobs in May. Instead, the economy added 2.5 million jobs in May. The unemployment rate which was expected...
Friends Stocks tried to post a fourth straight day of gains for the week, but seemed to finally run out of gas later in the trading session. Well, the Dow actually snuck back into positive territory right at the close, but the S&P remained in negative territory....
Friends Stocks had another really good day as the momentum to the upside continues. It is starting to feel a little late in the move, but the fear of missing out is strong and you can almost feel the capitulation on a daily basis. The ADP private payroll number wasn’t...
https://www.youtube.com/watch?v=M0nrIvgebS4
Friends More unrest, yet stocks continue to climb. I’m going to talk more about this in a video, but it really is amazing to see the disconnect between main street and wall street. Anyway, stocks spent the day in positive territory and never really seemed in any...
Friends Despite the social unrest we saw over the weekend, and the heightened tensions between the White House and China, stocks had a decent day and got June off to a nice start. Time after time the question is asked of me, why are stocks going up while the whole...
