Friends As I expected, a robust, issue driven, civil debate would lead to a nice rally at open this morning. I'll just pause there for a moment. Anyway, stocks rallied on hopes that Steve Mnuchin and Nancy Pelosi would get along better than the candidates in last...
Friends Stocks struggled today although the market averages rebounded somewhat from their lows of the day. It appears that market participants, despite strong consumer confidence numbers might have been a bit concerned about the Presidential debate tonight and how the...
Friends It was a good start to the week for stocks. The market averages opened higher and for the most part held on to their gains throughout the entire trading session. Once again, there seems to be some hope that a stimulus deal could come out of Congress before the...
Friends It's been a difficult month for stocks, but the bulls did show up this afternoon with their shopping list. There is some hope that a stimulus bill could be crafted and passed but that seems pretty unlikely before the election, but who knows? We saw the reopen...
Friends, Attached are some thoughts on the markets and the upcoming election. You can also watch the video on our Facebook page. If you have any thoughts or questions shoot us an email or give us a call.
Friends After a somewhat weak opening, some "bargain" hunters showed up to push the market averages higher in afternoon trading. The big growth names were the winners today, with the Nasdaq leading the other market averages higher. Nothing much changed on the economic...
Friends September is living up to its reputation. At the lows today, the S&P 500 was down almost exactly 10% off the highs set a few weeks ago. We did bounce off that level, but it was a difficult day for most stocks. After word of Justice Ginsburg's death and the...
Friends It was another back and forth trading session today as traders seemed uncertain exactly what stance they wanted to take as the week came to a close. We’ve noted that this is typically a difficult time of year for stocks, and you add in the economic...
Friends We saw a pretty volatile day of trading today, but it all seemed rather contained. Stocks fell hundreds of Dow points early, regained all of those losses, fell again, recovered again, but in the end drifted back down decisively into negative territory. The...
Friends The bulls had something cooking for most of the trading session, but as is often the case, the markets changed direction after the Fed Chairman held his press conference. For those who trade markets on a minute by minute basis, each Fed statement or Chair...
Friends Stocks were able to post gains today, but the market averages traded well off their highs for the day by the close. Today’s news cycle included a new product presentation from Apple (mainly on watches and iPads as the new phone announcements have been delayed...
Friends The bulls stepped up today in an attempt to take the reins back from the bears after the sloppiness of the last couple of weeks. Stocks opened higher and were able to hold onto the gains for the entire trading session. Actually, after the initial surge...
Friends It was another volatile see-saw day with stocks opening higher, then going back and forth between positive and negative territory for the rest of the trading session. The big tech names continue to come under some selling pressure, but it does seem to...
Friends As we suspected, here is the volatility. Stocks opened to the upside with the Dow posting a more than 200 point gain in early trading. But, sellers appeared (or buyers disappeared) and stocks fell decisively into negative territory as the trading session wore...
Friends The unwinding of speculative excess continues, with the likes of Tesla once again falling dramatically today. We've talked about how silly a certain segment of the market had become, and how silly it was for people to pile into a stock because it was splitting...
